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Investment Accounting Manager

Investment Accounting Manager
Job Roles Fund Accountant
SectorFinancial Services - Other (FS)
Salary80,000 to 90,000 per annum - 33days annual leave 15% bonus, 10% pension
LocationsLondon - London - Central
Job TypePermanent
Job Description

Goodman Masson are currently engaged on an exclusive mandate with a unique client to find an Investment Accounting Manager. The endowment-style fund are looking for a Finance lead for their investment accounting function and are looking to bring in talent from industry. You will oversee a diverse portfolio of investments in

  • real estate,

  • private equity,

  • hedge funds,

  • private credit, and

  • other alternatives.

Responsibilities will include:

  • Manage the production and maintenance of the investment record across the listed and unlisted investments of the fund

  • Ensure investment managers', service providers' and independent valuers' valuation policies are appropriate for the asset class and investment type; including appropriate use of valuation sources, secondary and tertiary valuation requirements, fair market valuations etc

  • Manage the daily accounting processes to ensure the investment activity is captured and accounted for accurately, including for any in house managed portfolios

  • Manage the month end accounting process for the investments, ensuring this is completed accurately and uploaded to the NCI's ERP engine, SAP, within agreed time frames

  • Oversee the accounting service provider and external manager

  • Ensure manager service levels are captured in legal terms (SLA schedules), liaising with the COO and external legal advisers to add, update and maintain these

  • Monitor and check manager fees, expenses and performance fee calculations to ensure these are being charged appropriately

  • Ensure a smooth and issue free year end audit process

  • Assist the ODD Manager in reviewing accounting and valuation related processes and documentation from investment managers

  • Review, assess and where necessary enhance the accounting data that is available to the wider Investment Department for investment and performance analysis / reporting, including capturing actual / lagged fund positions and underlying exposures for derivative positions

  • Assess and implement BI and reporting tools as appropriate, in collaboration with the shared services IT Function and external providers.

  • Work with colleagues in the shared services Tax Function to ensure the tax status of all investments is known and reviewed regularly, also that tax considerations are included in decisions regarding the legal structuring of investments and use / selection of investment vehicles

  • Develop and maintain a strong network within the investment accounting and asset owner community to share best practice and learning

  • Develop and maintain relevant industry affiliations to keep abreast of published industry standards, technical updates and accounting developments particularly as they relate to charities accounting and investment accounting

This is a new hire, so the role will be heavily project focused in the short- to medium-term, as you build out processes and establish connections with internal clients and service providers. It is a unique opportunity to be creative with a large, established and already high-performing function. You will be given a mandate to hire a direct report after you start, and will have full reign of other internal and external support staff.

We require:

  • Qualified accountant

  • Extensive industry knowledge

  • A desire to implement best practice

  • Someone who will be a passionate member of an ethical investment business

Date Posted07/09/17 11:31
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If you are interested in this vacancy, you can either apply using the link above or contact them directly using the following details:

Contact Details
Goodman Masson
Agency Goodman Masson
Tel 02073367711
Email Click Here to Email Agency Directly
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