Pension Fund Accounts Officer - Council

Spinwell Global; Greater London; On-site; GBP 15,683,000 - 19,373,000; Part time

Job summary

Spinwell Global seeks a Pension Fund Accounts Officer to join a public sector accounting team in Hackney. You will lead the compilation of the Pension Fund Report & Accounts, working closely with the Manager to ensure accuracy and timeliness.

The role requires strong technical accounting skills, experience with complex reconciliations and suspense accounts, and the ability to liaison with auditors and pension managers. A £2.2bn fund is involved and governance reporting is part of the duties.

Qualifications

• Technical proficiency with complex reconciliations, suspense accounts and general ledger systems.
• Attention to detail to maintain accurate working papers and large fund data.
• Strong communication skills to liaise with external auditors, managers and stakeholders.
• Knowledge of CIPFA requirements and public sector pension fund accounting is highly desirable.

Responsibilities

• Lead the compilation of Pension Fund Report & Accounts with the Manager, ensuring entries are accurate and timely.
• Ensure compliance with CIPFA reporting requirements and high standards of financial reporting.
• Manage the £2.2bn portfolio data, developing monthly reports to reflect holdings in the Statement of Accounts.
• Maintain audit trails and act as primary contact for internal and external auditors.

Skills

Technical Proficiency

Attention to Detail

Communication Skills

Knowledge of CIPFA

Job description

Role: Pension Fund Accounts Officer REF 137795
Contract Length: 3 months
Location: Hackney
IR35: Inside
Pay Rate to Intermediary: £400 per day
Security Clearance: BPSS
Spinwell is recruiting for a Pension Fund Accounts Officer for an excellent opportunity within the public sector.

RESPONSIBILITIES OF THE PENSION FUND ACCOUNTS OFFICER

Financial Reporting & Accounts

• Lead the compilation: You will work closely with the Manager to compile the Pension Fund Report & Accounts, ensuring all entries are accurate and timely.
• Ensure compliance: You will ensure our Report and Accounts meet all CIPFA reporting requirements and are produced to the highest standard.
• Manage the £2.2bn portfolio data: You will develop and prepare monthly transaction reports carried out by Fund Managers and the London CIV to ensure holdings are accurately reflected in the Statement of Accounts.

Reconciliation & Control

• Complex Reconciliations: You will take ownership of complex reconciliations, ensuring they are recorded accurately within the Council's financial reporting systems.
• Suspense Accounts: You will be responsible for clearing Pension Fund suspense account items on a monthly basis, ensuring alignment with the chart of accounts.
• Audit Trail: You will maintain comprehensive working papers and documentation to create a full audit trail, acting as the primary point of contact for internal and external auditors to provide assurance on data quality.

Operations & Liaison

• Stakeholder Management: You will liaise with Pension Fund Investment Managers, Custodians, and external Pension administrators to ensure data accuracy for reconciliations and journal entries.
• Transactional Duties: You will raise purchase orders, pay invoices, and act as the primary contact for invoice queries.
• ESG & Governance: You will assist the Assistant Director with the execution of passive equity voting and support the team with Environmental, Social, and Governance (ESG) reporting requirements.

SKILLS/EXPERIENCE OF THE PENSION FUND ACCOUNTS OFFICER

We are looking for someone with a strong background in financial accounting, preferably within a public sector or pension fund environment. To be successful in this role, you should have:

• Technical Proficiency: Experience with complex financial reconciliations, suspense accounts, and general ledger systems.
• Attention to Detail: The ability to maintain accurate working papers and handle large datasets (relating to our £2.2bn fund) with precision.
• Communication Skills: Confidence in liaising with external auditors, fund managers, and internal stakeholders.
• Knowledge: An understanding of CIPFA requirements and pension fund accounting is highly desirable.

We welcome all applications regardless of background, in line with our commitment to diversity, equality and inclusion.

Applying to this or any other vacancy advertised by Spinwell Ltd constitutes an agreement for Spinwell Ltd to hold your details for 24 months for the purpose of assessing suitability for the advertised position and to make you aware of any other positions deemed suitable of which You will make you aware by means of either email, text or phone. In line with GDPR regulations you are able to request your details be removed from the company data at any time by emailing us