At a Glance
- Tasks: Lead financial operations and ensure compliance while managing fund accounting activities.
- Company: Join LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Enjoy competitive salary, generous holidays, hybrid working, and excellent development opportunities.
- Other info: Be part of a company committed to responsible investment and employee well-being.
- Why this job: Make a real impact in finance while working with a diverse and supportive team.
- Qualifications: Qualified Accountant with strong analytical and communication skills.
The predicted salary is between 60000 - 75000 £ per year.
Join LGPS Central at a pivotal moment, where investment meets long-term impact.
As a key member of the Finance team, the Fund Accounting Manager will be responsible for supporting the Head of Finance in ensuring the effective and efficient delivery of the company’s financial operations.
The role will be responsible for financial reporting, oversight of the fund accounting activities carried out by the outsourced providers, regulatory reporting and cost sharing reporting to the Partner Funds.
What you’ll be doing
- Financial Reporting & Compliance
- Oversee the preparation of the annual reports and financial statements of LGPS Central Limited’s investment products.
- Assist in the completion of regulatory returns and ensure compliance with financial regulations.
- Work with internal and external auditors, supporting audit plans and ensuring smooth processes.
- Contribute to the preparation of the financial statements of subsidiary entities of LGPS Central Limited and reconciliations of balances and transactions between group entities.
- Contribute to the preparation of tax filings in respect of the investment products.
- Contribute to the management of VAT matters in respect of the investment products.
- Partner Fund Reporting
- Contribute to the preparation of regular Partner Fund reporting in respect of the investment products, in liaison with the Investments team and the Investment Operations team, including the provision of cost and performance information.
- Cost Transparency & Benchmarking
- Prepare and analyse cost transparency workings.
- Prepare and analyse cost and performance benchmarking data.
- Forecasting & Treasury Management
- Oversee treasury management activities and cash flow forecasts in liaison with the Investment Operations team, ensuring effective risk management.
- Administer the settlement of accounts payable in respect of LGPS Central Limited’s investment products.
- Contribute to the development of the business cases for potential products, including the evaluation of the costs thereof.
- Oversight of Outsourced Providers
- Oversee the work of the outsourced providers of fund accounting and financial reporting services to LGPS Central’s investment products.
- Perform checks, reconciliations and analyses of the output of the outsourced service providers.
- Liaise effectively with the outsourced service providers, including participating in regular meetings.
- Contribute to the performance management of the outsourced service providers.
- Stakeholder & Supplier Management
- Work closely with the Investments and Investment Operations teams on a day-to-day basis.
- Manage external service providers, including the outsourced service providers, banking, auditing and tax advisory services.
- Support financial reporting and ad hoc responses to the Partner Funds and other key stakeholders.
- Risk Management & Policy Development
- Assist in developing and ensuring compliance with key financial policies.
- Identify and mitigate financial risks, implementing improvements where needed.
- Leadership & Team Development
- Provide financial insights and advice to managers on projects, business cases and decision-making.
- Promote financial best practices and value for money across the company through training and advisory support
About Us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands.
LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets.
It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.
LGPS Central’s Partner Funds are
- Cheshire Pension Fund
- Derbyshire Pension Fund
- Leicestershire Pension Fund
- Nottinghamshire Pension Fund
- Shropshire Pension Fund
- Staffordshire Pension Fund
- West Midlands Pension Fund
- Worcestershire Pension Fund
- Gloucestershire Pension Fund
- Hampshire Pension Fund
- Suffolk County Council
- Wiltshire Pension Fund
- Norfolk Pension Fund
- Oxfordshire Pension Fund
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits.
The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Our objective is to be a leading investment management company working with and for our Partner Funds.
With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds
Requirements
- Able to communicate complex and highly technical matters in a way which is understandable and relevant.
- Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
- Good report-writing and verbal skills.
- Active participant in continuous professional development, with an up-to-date knowledge of relevant accounting, finance, investments and pensions matters.
- Able to motivate and inspire members of the Finance team to develop themselves and perform to a high level.
- Able to build effective relationships at all levels of the company and across the wider industry.
- Highly organised and able to work to deadlines and manage competing priorities under significant time pressures.
- Good interpersonal, communication and people management skills.
- Highly analytical, able to work with complex data sets.
Qualifications
- Qualified Accountant (ACA, ACCA, CIMA or equivalent).
- Meets all the requirements of being an FCA approved person.
What do we offer?
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer.
Here are a few of the valuable rewards that you will enjoy
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus bank holidays
- 2 days paid volunteering days
- An extra paid Company Day in addition to paid holidays
- Excellent Learning & Development Opportunities
- Welfare and Family-friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
- Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022
- Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
- Winner of LAPF Investment Innovation
- Winner of Pool of the Year 2025
Fund Accounting Manager in Wolverhampton employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer that values governance, integrity, and strategic insight. Our collaborative work culture fosters innovation and professional growth, providing our Non-Executive Directors with the unique opportunity to influence the future of public pensions in the UK while working alongside a team of dedicated professionals committed to responsible investment practices.
StudySmarter Expert Advice🤫
We think this is how you could land Fund Accounting Manager in Wolverhampton
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LGPS Central. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Fund Accounting Manager in Wolverhampton
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LGPS Central.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LGPS Central's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LGPS Central
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LGPS Central.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LGPS Central will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LGPS Central employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
