Fund Accounting Senior Specialist Fund Accounting Senior Specialist …

M&G plc.
in Edinburgh, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
M&G plc.
in Edinburgh, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
Fund Accounting Senior Specialist
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role:

The team is responsible for Financial Reporting oversight of third party administrators providing fund accounting services; providing technical and accounting advise; and supporting projects from a technical aspect.

The role is for a team leader to support the Financial Reporting oversight. This covers end to end financial report and accounts process, review of financial statements, management of auditors and audit process and fund accounting oversight.

The role is also to provide technical and accounting advise internally and to fund boards; and support projects including fund launches, BAU integration and fund mergers / in-species from a fund accounting aspect.

The role would suit a technical expert and with knowledge of the following:
  • Accounting policies / GAAPs (UK, Lux, IFRS)
  • Product knowledge - section 110, LP/GP, OEIC, PAIF, Unit Trust, ACS, SICAV, FCP, RAIF, ICAV, Investment Trust, QIF.
  • Expertise in private debt, alternative credit, leveraged finance, restructuring, real estate, private assets fund structures, money market funds
  • Fund accounting and regulations (Ireland, Luxembourg, UK, Channel Islands)
  • Instrument knowledge - Private equity / Private Debt / Derivatives / Fixed income
  • Fund costs and charges
  • NAV and Pricing

Key responsibilities for this role & experience:
  • Team leader with responsibility for day to day management of a small team including training and appraisals
  • Financial reporting oversight including liaison with administrators, auditors and resolution of audit queries, and reporting to fund boards
  • Providing technical fund accounting advice to fund boards and projects
  • Fund accounting oversight including performance fees, income monitoring and costs and charges
  • Excellent attention to detail and determination to see initiatives through to completion
  • Proactive and delivery focused with excellent communication skills - both written and verbal
  • Ability to present to Boards and senior stakeholder clearly and succinctly at varying levels of detail
  • A self-starter with experience of working on projects
  • Ability to develop, strong working relationships internally and externally
  • Capability to chair meetings and workshops with stakeholders
  • Good problem solving and analytical skills
  • Good organisational skills with the ability to manage multiple priorities and deliverables to deliver work efficiently and effectively
  • Reacting positively under pressure to meet tight deadlines.
  • Have a genuine interest in learning and expanding their expertise and understanding of the challenges and developments impacting the Asset Management industry.

Key Knowledge, Skills & Experience:
  • Qualified Accountant or equivalent professional/academic qualification
  • Highly experienced individual from an Investment Accounting, Fund Management background
  • Strong people management skills with experience of supervising a team
  • Ability and experience of communicating complex topics clearly and concisely
  • Stakeholder (external and internal) management skills
  • Experience of presenting to Committees and/or Boards
  • Ability to demonstrate M&G's values

Work Level: Manager/Expert

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things
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