Senior Manager, Accounting Advisory

National Wealth Fund Limited; Leeds; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

National Wealth Fund Limited is seeking a Senior Manager, Accounting Advisory to lead the organisation's technical accounting function, advising on IFRS and reporting, and ensuring compliance with Companies Act and ONS requirements. Hybrid role based in Leeds, with primary contact for audit and governance matters.

You will drive accounting judgments for investments, develop policies, manage external audits, and coach the finance team in a fast‑moving regulatory environment.

Qualifications

• Qualified accountant with ACA/ACCA or equivalent.
• Extensive technical accounting and IFRS advisory experience.
• Experience interpreting complex standards in financial services.

Responsibilities

• Act as lead technical accounting adviser for IFRS and reporting.
• Develop and maintain accounting framework to ensure compliance.
• Coordinate with NAO/audit team and governance forums.
• Lead assessment of new standards and complex transactions.
• Oversee disclosures in Annual Report and Accounts.

Skills

IFRS advisory

Financial reporting

Stakeholder management

Audit liaison

Technical accounting

Education

Chartered Accountant (ACA/ACCA)

Job description

Shape the Future with the National Wealth FundAt the National Wealth Fund, our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom. Providing £27.8bn of capital and an expanded mandate, we are ready to help the market invest with confidence, continue to drive forward the Government's growth ambitions.We are looking for skilled and results oriented individuals who are motivated to help us build the National Wealth Fund into an industry-leading institution.The Senior Manager, Accounting Advisory is responsible for leading the organisation's technical accounting function, providing strategic accounting advice on complex transactions, and ensuring compliance with IFRS, Companies Act and ONS requirements, and other applicable reporting standards.The role acts as the principal technical accounting adviser to senior management and deal teams, supporting key business decisions, financial reporting, investment activities and corporate transactions.Location: Hybrid working with a minimum of 3 days per week in the Leeds office.Deadline to Apply: 2nd October 2026. Early submission is encouraged, and applications will be reviewed on an ongoing basis.Key ResponsibilitiesAct as the organisation's lead technical accounting adviser, providing authoritative guidance on complex accounting matters, transactions and financial reporting and disclosure issues.Lead the development and maintenance of the technical accounting framework, ensuring compliance with IFRS, ONS, Companies Act requirements and public sector reporting guidance where applicable.Oversee the preparation, review and approval of technical accounting papers, accounting policies, position papers and governance submissions for senior management, the Audit and Risk Committee and other governance forums.Lead the assessment and implementation of new and amended accounting standards, ensuring the organisation remains compliant with evolving reporting requirements.Provide strategic oversight of accounting judgements, estimates and disclosures within the Annual Report and Accounts.Manage the relationship with the National Audit Office (NAO), acting as the primary point of contact for technical accounting and financial reporting matters. Lead engagement throughout the annual audit cycle, coordinating responses to audit queries, resolving technical accounting issues and ensuring the timely delivery of audit evidence and reporting outputs.Build and maintain effective working relationships with the NAO and other external advisers, supporting a constructive and transparent audit process while appropriately representing management's accounting positions and judgements.Lead the accounting assessment of new investments, funding arrangements and complex transactions, ensuring robust documentation of accounting conclusions.Assess impact to the accounts of evolving credit changes and investment activitiesDrive continuous improvement in financial reporting, financial controls and governance processes.Lead, coach and develop technical accounting resources within the finance team, fostering a high-performing and collaborative culture.Deputise for the Head of Financial Control & Statutory Reporting on technical accounting, statutory reporting and audit matters as required.Knowledge, skills and experienceChartered Accountant (ACA, ACCA or equivalent).Significant post-qualification experience in technical accounting, financial reporting and IFRS advisory.Extensive experience of interpreting and applying complex accounting standards to bespoke transactions in a financial services environment.Strong stakeholder management skills, with the ability to influence and challenge senior management.Experience of managing external audit relationships and presenting technical conclusions to governance forums.Demonstrated leadership experience, including coaching and developing finance professionals.DesirableExperience within banking, lending, infrastructure, investment management, government-backed finance institutions or regulated financial services.Experience of impairment modelling and Expected Credit Loss frameworks.Familiarity with financial and disclosure impacts of credit related issues.Exposure to complex valuation techniques for debt, equity or derivative instruments.Experience supporting input into Audit and Risk Committee, Investment Committee or Credit Committee papers.This role would suit an individual with a strong technical accounting background from firm specialised in supporting financial services institutions, infrastructure investors development banks, all with complex corporate reporting environments.A career with us offers a unique opportunity to make a lasting impact and work on cutting-edge technologies that will drive the UK’s future. We value diversity in our people and inclusion is at the heart of what we do.We offer competitive benefits and unique learning opportunities from combining both private and public sector skills and experience. Please note, referencing and background checks are carried out for all roles here at the National Wealth Fund.