Fund Accounting Technical Expert - 12 M FTC

TN United Kingdom; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in asset management is seeking a Fund Accounting Technical Expert for a 12-month FTC in London. The role involves providing technical and accounting advice for funds, overseeing NAV production, and ensuring compliance with regulatory standards. Ideal candidates will have extensive experience in fund accounting, regulatory knowledge, and a solid understanding of accounting policies.

Qualifications

• Strong technical and accounting knowledge in fund accounting and NAV production.
• Experience with regulatory standards across multiple jurisdictions.
• Understanding of accounting policies and GAAPs.

Responsibilities

• Review regulatory and accounting standard changes impacting NAV and financial reporting.
• Support teams in preparing accounting papers for complex transactions.

Skills

Fund accounting

NAV production

Financial reporting

Regulatory knowledge

Accounting policies

Instrument knowledge

Job description

Fund Accounting Technical Expert - 12 M FTC, London

Client: M&G

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 70d6f1dc9984

Job Views: 3

Posted: 19.05.2025

Expiry Date: 03.07.2025

Job Description:

We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

The Role:

The role is within the Accounting Technical Advisory team, which provides technical and accounting advice for M&G’s funds across various jurisdictions to Investment Accounting Services and other teams. This team is part of Investment Accounting Services within Asset Management, overseeing third-party suppliers for NAV production, financial reporting, and regulatory disclosures for M&G’s UK, Luxembourg, and Irish UCITs and AIFs. These funds are sold and invested globally across various asset classes including debt, equity, derivatives, and other funds.

Key Responsibilities Include:

• Reviewing and assessing the impact of regulatory and accounting standard changes on NAV, financial reporting, and disclosures.
• Supporting investment and product teams in preparing accounting papers for complex transactions and change initiatives to ensure correct accounting treatment.

Specific Change Initiatives Support:

• Fund and share class launches,
• Fund mergers and closures,
• Introduction of new instruments and markets,
• Regulatory changes including standards and disclosures such as costs and charges.

Candidate Profile:

This role suits an experienced fund accountant with strong technical and accounting knowledge, including:

• Fund accounting, NAV production, pricing, share class hedging, and financial reporting.
• Regulatory knowledge across UK, Luxembourg, Ireland, Channel Islands, Europe, and Asia.
• Product knowledge including UCITs and AIFs (e.g., ICVC, AUT, ACS, UCI, SIF, RAIF, SPV, SV, QUAIF, ICAV, Section 110, LP/GP).
• Understanding of accounting policies and GAAPs (UK, Lux, IFRS).
• Instrument knowledge (equities, debt, derivatives for private and public assets).
• Knowledge of fund costs, charges, and regulatory templates.

We value diversity and foster an inclusive culture at M&G plc, supported by policies and employee-led networks that promote networking, advice, and support for our diverse colleagues. We welcome applications from all backgrounds, including those in military service or returning from career breaks.