Fund Accounting Oversight Specialist

At M&G our purpose is to give everyone real confidence to put their money to work.As an international savings and investments business with roots stretching back more than 170 years we offer a range of financial products and services through Asset Management Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns.

Through our behaviours of telling it like it is owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

The Role:

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

Oversight of the third-party administrators in relation to NAV calculations on a daily monthly and quarterly basis in accordance with the designated NAV Oversight framework fund accounting financial reporting management of theauditor relationship oversight of expense budgets and ongoing charges and project support.

The role is to support the Fund Accounting oversight team. This covers NAV oversight and fund financial reporting oversight.

The role will also provide technical and accounting advise internally and to 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:

• NAV and Pricing knowledge
• Product knowledge of fund structures - section 110 LP/GP FCP RAIF ICAV QIF ELTIF LTAFs
• Accounting knowledge IFRS UK GAAP Lux GAAP
• 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

Key responsibilities for this role & experience:

• Financial accounting oversight including liaison with administrators internal teams and reporting to fund boards
• Taking a lead role in the analytical review of Financial Statements prepared by administrators
• Providing technical fund accounting advice to internally and to 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 senior stakeholders 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 or Audit 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&Gs values

Recruiter: Sarah Hawkins

Job Level: Experienced Colleague

Location: Primary location Edinburgh but can also consider London

We have a diverse workforce and an inclusive culture at M&G plc underpinned by our policies and our employee-led networks who provide networking opportunities advice and support for the diverse communities our colleagues represent. Regardless of gender ethnicity age sexual orientation nationality disability or long term condition we are looking to attract promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader and we welcome applications from candidates with long-term health conditions disabilities or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at: