Senior Fund Accounting Technical Specialist

TN United Kingdom; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading company in the investment sector is seeking a Senior Fund Accounting Technical Specialist in London. The role involves providing technical advice and overseeing third-party suppliers related to fund accounting. The ideal candidate should have extensive fund accounting experience, particularly in private and alternative assets, and be familiar with various regulatory environments and accounting standards.

Qualifications

• Experienced fund accountant with knowledge in fund accounting and NAV production.
• Understanding of regulatory environments in UK, Luxembourg, Ireland, and Europe.

Responsibilities

• Providing fund accounting technical expertise for private and alternative assets.
• Preparing accounting papers for complex transactions and new asset classes.
• Assessing the impact of regulatory and accounting standard changes.

Skills

Fund accounting

Attention to detail

Proactive communication

Strong analytical skills

Proficiency in Excel

Education

Knowledge of UK GAAP

Knowledge of IFRS

Knowledge of Lux GAAP

Job description

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Senior Fund Accounting Technical Specialist, London

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Client:

M&G

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

10c42297b3da

Job Views:

3

Posted:

15.05.2025

Expiry Date:

29.06.2025

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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 in the Accounting Technical Advisory team, within Investment Accounting Services. The team is responsible for overseeing third-party suppliers related to fund accounting, including net asset values, 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.

The role involves providing technical and accounting advice for M&G’s funds and jurisdictions, supporting fund-related change activities, and acting as an SME in fund accounting. The focus is on supporting increased demand for fund launches, closures, mergers, and complex transactions, especially in private markets.

Key Responsibilities Include:

• Providing fund accounting technical expertise, especially for private and alternative assets.
• Preparing accounting papers for complex transactions and new asset classes.
• Offering technical advice on BAU activities like NAV oversight and financial reporting.
• Assessing the impact of regulatory and accounting standard changes.

Supporting change initiatives such as:

• Fund and share class launches,
• Fund mergers and closures,
• New instruments and markets,
• Regulatory changes including costs and charges disclosures.

The ideal candidate would be an experienced fund accountant with knowledge in:

• Fund accounting, NAV production, and financial reporting.
• Regulatory environments in UK, Luxembourg, Ireland, and Europe.
• Product knowledge including UCITs and AIFs.
• Accounting standards like UK GAAP, IFRS, Lux GAAP.
• Instruments such as equity, debt, derivatives.
• Fund setup and project work.

Skills and Experience Required:

• Fund accounting experience, especially in private and alternative assets.
• Experience with fund setup and project work.
• Understanding of different fund structures.
• Technical knowledge of Lux GAAP, IFRS, UK FRS102.
• Attention to detail, proactive communication, and flexibility.
• Strong analytical skills and proficiency in Excel.

We value diversity and inclusion at M&G plc, welcoming individuals from all backgrounds and those returning from career breaks or military service.