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 holiday, hybrid working, and excellent development opportunities.
- Other info: Dynamic workplace with a commitment to diversity and continuous improvement.
- Why this job: Make a real impact in responsible investment and work with diverse teams.
- 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.
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.
- 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.
- 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.
- 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.
- 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.
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 Funds, 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.
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.
Qualifications and Skills
- 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.
- Good interpersonal, communication and people management skills.
- Highly analytical, able to work with complex data sets.
- Qualified Accountant (ACA, ACCA, CIMA or equivalent).
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer:
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus bank holidays
- An extra paid Company Day in addition to paid holidays
- Excellent Learning & Development Opportunities
- Welfare and Family-friendly policies
- 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
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.
Fund Accounting, Senior 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, Senior Manager in Wolverhampton
✨Tap into Campus Networks
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We think you need these skills to ace Fund Accounting, Senior Manager in Wolverhampton
Some tips for your application 🫡
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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.
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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.
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✨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.
