At a Glance
- Tasks: Maintain accurate positions and perform quality control reviews for investment accounting.
- Company: Join a leading firm that supports investment accounting within the OMS platform.
- Benefits: Collaborate with multiple stakeholders and enhance accounting logic with vendors.
- Other info: Role involves oversight of tax reclaims and cash position discrepancies.
- Why this job: Act as a key SME for OMS Accounting, influencing strategic insights for senior management.
- Qualifications: Strong experience in multi-asset investment accounting and familiarity with Aladdin or Bloomberg IBOR.
The predicted salary is between 80000 - 100000 £ per year.
The Front Office Services Accounting team supports the investment accounting function within the OMS platform, ensuring an accurate book of record to support valuations, performance and financial reporting across portfolios. This role sits between operations, performance, and technology, often acting as a key SME for Order Management System (OMS) Accounting.
Key Responsibilities
- Maintain accurate positions, cash, and book cost within the client’s OMS.
- Ensure correct treatment of:
- Bonds (incl. accruals, amortisation)
- Equities
- Derivatives (swaps, FX, futures)
- Perform daily, monthly and quarterly quality control (QC) reviews and resolve any issues to enable timely publication of funds.
- Produce metrics on agreed frequencies and hold regular calls to review performance.
- Work with vendors to enhance accounting logic and reduce breaks/QCs where appropriate.
- Work with the Cash Team on production of safe cash figures for Portfolio Managers.
- Coordinate with Middle Office teams to track claims related to failed trades or income.
- Oversee tax reclaims and the closing of receivables upon payment.
- Track aged items, perform root‑cause analysis and implement process improvements to remediate issues.
- Own resolution of cash and position breaks and pricing discrepancies.
- Collaborate with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions.
- Ensure strong control framework and QC sign‑offs, and meet agreed Service Level Agreements.
- Work closely with Data Management and Pricing teams to ensure all data and pricing are captured in a timely and accurate manner.
- Publish metrics on agreed frequencies and maintain clear documentation of work carried out.
Stakeholder Management
- Partner with Client Front Office (Oversight team / Portfolio Managers)
- Front Office Operations
- Middle Office Performance Reporting
- External vendors
Provide insight on P&L drivers and accounting impacts on performance. Provide strategic insights and recommendations to senior management to support decision‑making.
Required Skills & Experience
- Strong experience in investment accounting (multi‑asset) and OMS accounting (e.g. Aladdin or Bloomberg IBOR platforms).
- Proven track record of delivery and strong understanding of data architecture, controls & governance, NAV lifecycle, and analytical/problem‑solving capability.
- Solid understanding of fixed‑income and derivatives.
Soft Skills
- Excellent analytical and problem‑solving abilities.
- Ability to investigate complex breaks.
- Comfortable dealing with front office queries.
- Effective communication and interpersonal skills.
Vice President, Middle Office employer: Job Search Place Limited
This role is based in a dynamic financial services environment, focusing on investment accounting. Employees benefit from collaboration with various teams, including Front Office and external vendors, enhancing their professional growth. The company prioritises strong governance and data accuracy in its operations.
