FUND ACCOUNTING / OPS - INVESTMENT ACCOUNTING MANAGEMENT

Working within the operational side of this major Asset Managers currently outsourcing its’ funds to a TPA. This is a new team and requires a pro-active approach, the ability to identify new processes and work as part of a changing environment.

Responsibilities

Execute the outsourced providers’ monitoring programme to ensure that the service provided meets agreed standards of delivery. For example:
review daily fund prices calculated by the providers for timeliness and accuracy
monitor the receipt of various data files from the providers and the onward processing through the Company
review quality of providers procedures by review of outputs and walk through tests during visits
facilitate Company approvals for various tasks
Act as day to day contact point with providers’ accounting teams
Maintain day to day relationships with providers, interface with them regarding queries, escalation points and required approvals, escalating complex issues to Senior Analysts as required. Ensure that queries from providers and within the Company are dealt with in accordance with agreed standards and in a timely, accurate and complete manner
Take responsibility for ensuring that all tasks and activities undertaken meet the requirements of the regulatory regime and that any exceptions/breaches are reported to line management immediately
Develop knowledge of fund accounting requirements of particular fund ranges and understanding of specific fund types/ranges. Work with Senior Analysts on fund specific activities for example fund distributions, Report and Accounts preparation, collation of data for internal reporting
Develop an understanding of the regulatory and statutory requirements for the fund ranges and work with the team to ensure that they are met to the standard required
Provide data to Senior Analysts for inclusion in regular management reporting
Prepare key performance indicator data and management information for regular reports to management
Keep Senior Analysts and all relevant parties appraised of all matters of risk to the Company
Within scope of own responsibilities, identify process improvements and enhancements to optimise efficiency, mitigate risk and incorporate business and product changes.
Make recommendations for change to line management and take part in implementing agreed changes
Assist senior members of the team to maintain department operating policies and procedures relating to monitoring activitiesBe aware of product, business and regulatory changes and proactively seek involvement in the resultant initiatives and projects
Play an active part in working groups/project teams

ESSENTIAL
· Experience in an operational/accounting role, ideally in a fund management environment – able to solve day to day problems
· Proven experience of ability to manage flow of information between various sources

· Able to demonstrate a level of technical understanding of a range of investment instruments, fund types and products.
Have an understanding of the relevant regulatory environment
Demonstrates a risk focus and an understanding of the importance of identifying potential risks and of reporting risks to line management and other relevant parties
Numerate and able to demonstrate a high level of attention to detail
Demonstrate an understanding of the importance of customers /providers to the Company and have the ability to work closely with others to meet objectives
Prepared to take initiative, work flexibly to help the team achieve its goals, and respond positively to change.
Ability to identify problems and issues, work proactively with others to resolve them and escalate issues appropriately
Takes responsibility for the completion of own work in accordance with agreed procedures and to the highest standards of quality and timeliness


Agency/Employer: JSQUARED CONSULTING
Town or City: London
Location: City
Sector: Banking and Finance
Related Job Titles: Fund Accountant,Fund Administrator,Fund Analyst,Senior Fund Accountant,Senior Mutual Fund Accountant
Permanent/Contract: Permanent, Full time
Experience: 3 years
Date: 24-03-2006
Salary: 55000 British Pound / Year

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