At a Glance
- Tasks: Monitor cash flow, verify assets, and prepare client reports in a dynamic team.
- Company: Join Gen II, a leading firm in fund oversight and client reporting.
- Benefits: Competitive salary, hybrid working options, and opportunities for professional growth.
- Other info: Opportunity to train junior staff and manage your own client portfolio.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Experience in fund administration or accounting, strong analytical and communication skills.
The predicted salary is between 50000 - 60000 £ per year.
Working from our Southampton office, you will be assisting Gen II in carrying out its responsibilities under the depositary requirements of the Alternative Investment Fund Management Directive (AIFMD), namely cash flow monitoring, record keeping and verification of assets and general oversight.
What you’ll be doing:
- Ensure daily cash flow monitoring of client bank accounts is undertaken
- Maintain asset registers and undertake procedures to verify the ownership of those assets
- Review of drawdowns and distributions, ensuring the expected procedures have been followed
- Quarterly review of management account information, valuations and reconciliations
- Review the reconciliations of monthly cash activity
- Correspond with clients and intermediaries
- Ensure funds are compliant with key underlying fund documentation and that any issues are identified, logged and resolved in a timely manner
- Prepare and present periodic client reports
- Assist with on-site visits to investment managers and fund administrators
- Organising own client portfolio, prioritising workload and dealing with matters in a timely manner
- Work effectively within the team but show appropriate levels of initiative
- Assist with the onboarding of new clients and funds
- Supervise and assist in training and development of more junior staff
The ideal background for this role:
- Experience of working in Depositary, Fund Administration or Fund Accounting of private equity or real estate funds
- Experience of working with a portfolio of clients
- Strong analytical skills and attention to detail
- Excellent communication and client service skills
- Experience of managing a team
- Sound academic background (preferably Finance/Accounting related)
- Sound knowledge of Microsoft office, including Excel and Word
Role Location/Hybrid Schedule:
This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.
Depositary Manager – Fund Oversight & Client Reporting in Southampton employer: gen2fund.com
Gen II is an exceptional employer located in the vibrant city of Southampton, offering a dynamic work culture that prioritises employee growth and development. With a focus on teamwork and client service, employees benefit from opportunities to enhance their skills through training and mentorship, while enjoying a supportive environment that encourages initiative and innovation. The company's commitment to Agile Working allows for flexibility, making it an attractive choice for professionals seeking a meaningful and rewarding career in fund oversight and client reporting.
StudySmarter Expert Advice🤫
We think this is how you could land Depositary Manager – Fund Oversight & Client Reporting in Southampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and fund management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Gen II and understanding their role in depositary services. Tailor your responses to highlight your experience in fund oversight and client reporting. Show them you’re not just a fit for the role, but a perfect match for their team!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your analytical skills and attention to detail, as these are crucial for the Depositary Manager role. The more comfortable you are, the better you’ll perform!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining Gen II. Let’s get you that Depositary Manager position!
We think you need these skills to ace Depositary Manager – Fund Oversight & Client Reporting in Southampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Depositary Manager role. Highlight your experience in fund administration or accounting, and don’t forget to showcase your analytical skills and attention to detail!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that relate to cash flow monitoring and client reporting to grab our attention.
Showcase Your Communication Skills:Since this role involves liaising with clients and intermediaries, make sure to highlight your excellent communication skills. Give examples of how you've effectively managed client relationships in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at gen2fund.com
✨Know Your AIFMD Basics
Make sure you brush up on the Alternative Investment Fund Management Directive (AIFMD) and its depositary requirements. Understanding cash flow monitoring, record keeping, and asset verification will show that you're not just familiar with the role but also genuinely interested in it.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where your analytical skills made a difference in your previous roles. Whether it's reviewing management accounts or reconciling cash activity, having concrete examples ready will help demonstrate your attention to detail.
✨Client Communication is Key
Since you'll be corresponding with clients and intermediaries, practice articulating how you would handle client queries or issues. Highlight your communication style and any past experiences where you successfully resolved client concerns.
✨Teamwork and Initiative
Be ready to talk about how you work within a team while also taking the initiative. Share instances where you’ve led projects or trained junior staff, as this will illustrate your ability to balance collaboration with leadership.
