Senior Fund Accounting Specialist

HSBC; City of Edinburgh; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global bank is seeking a Senior Fund Accounting Specialist based in Edinburgh. This role requires technical accounting expertise and involves oversight of the UK private asset book across multiple fund ranges. The ideal candidate will have strong relationship management skills, experience with external clients, and knowledge in Fund Administration or Private Assets. In addition, the position offers professional development opportunities and a competitive benefits package including healthcare and pension contributions.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Thorough expertise in technical accounting and in-depth knowledge of financial statements.
• Experience dealing directly with external clients and third parties.
• Familiarity with Fund Administration and/or Private Assets in infrastructure equity or real estate.

Responsibilities

• Provide technical accounting oversight to UK private asset book.
• Ensure robust implementation of accounting requirements.
• Manage change and investigate complex accounting standards.
• Develop relationships with client contacts and third parties.
• Assess operational risks within the business.

Skills

Technical accounting expertise

Client relationship management

Organizational skills

Effective communication

Education

Part or fully qualified Accountant

Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

Fund Services provides Investment Administration and Performance Consultancy services to Investment Managers and Pension Funds worldwide, including potential services to other parts of the HSBC Group. Fund Services intends to set new quality standards in a competitive environment, to help attract and retain a blue‑chip client base.

We are currently seeking a professional to join our team in the role of: Senior Fund Accounting Specialist

The primary purpose of this role is to provide technical accounting oversight to UK private asset book. This will cover multiple fund ranges from ACS, PAIF’s, segregated mandates, insurance funds and SPV structures.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK‑based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Provide expertise to accounting requirements across the asset class and fund jurisdictions ensuring that any interpretation of requirements is understood and implemented robustly, whilst assisting with new technology repercussions of integrating these asset classes within operational mode.
• Be proactive in managing change and working on a standalone basis to investigate complex accounting standards across domiciles whilst being involved in contributing to the design of the operating model and ensuring that robust controls are embedded within structures / books at onboard and play oversight role once in BAU.
• Develop and maintain a good working relationship with client contacts and third parties such as audit firms and external technology providers.
• Continually re‑assess the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• Maintain an awareness of topical market issues, and in particular changes to pricing and accounting/tax requirements and keep up to date with trade journals and technical announcements and identify where changes to current practices may be required.

To be successful in this role you should meet the following requirements:

• A part of fully qualified Accountant with thorough expertise in technical accounting and in‑depth knowledge of financial statements
• Experience of dealing directly with external clients and third parties with the ability to build and maintain good working relationships with colleagues.
• Experience in Fund Administration and/or Private Assets in infrastructure equity or real estate would be advantageous
• Highly organised with the ability to communicate effectively in writing and verbally and plan and organise workload to meet deadlines, taking into account relative priorities.
• A good client facing approach is essential with strong business sense and awareness of the key issues/risks within the Fund Administration area would be ideal

This role is based in Edinburgh

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long‑term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

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