Senior Fund Accounting Technical Specialist

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Senior Fund Accounting Technical Specialist, London

Client: M&G

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 10c42297b3da

Job Views: 6

Posted: 02.06.2025

Expiry Date: 17.07.2025

Job Description:

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

The Role:

The role is in the Accounting Technical Advisory team, within Investment Accounting Services. The team oversees and manages third-party suppliers related to fund accounting, including net asset values, financial reporting, and regulatory disclosures for M&G’s UK, Luxembourg, and Irish UCITs and AIFs. These funds are sold and invested globally across various asset classes.

The role provides technical and accounting advice for M&G’s funds and jurisdictions, supporting fund-related change activities and acting as an SME in fund accounting. It particularly focuses on private markets, involving fund launches, closures, mergers, and complex transactions.

Key Responsibilities Include:

• Providing fund accounting technical expertise, especially for private and alternative assets.
• Preparing accounting papers for complex transactions or new asset classes.
• Providing technical advice on NAV oversight, financial reporting, and regulatory disclosures.
• Assessing impacts of regulatory and standard changes on NAV, reporting, and disclosures.

Supporting change initiatives such as:

• Fund and share class launches
• Fund mergers and closures
• New instruments and markets
• Regulatory changes including costs and charges

The ideal candidate will have experience in:

• Fund accounting, NAV production, pricing, and financial reporting.
• Regulatory knowledge across UK, Luxembourg, Ireland, and other jurisdictions.
• Product knowledge of UCITs and AIFs.
• Accounting policies including UK, Lux, and IFRS.
• Instrument knowledge including equity, debt, derivatives.
• Fund costs, charges, and regulatory templates.
• Fund set-ups and project work.

Key Skills and Experience Required:

• Fund accounting experience with a focus on private and alternative assets.
• Experience in fund set-ups and project accounting.
• Exposure to private and alternative fund structures.
• Technical knowledge of Lux GAAP, IFRS, UK FRS102.
• Attention to detail and self-motivation.
• Effective communication skills.
• Proactive and flexible approach.
• Experience with NAV calculations.
• Strong analytical skills.
• Proficiency in Excel (advanced level preferred).

We promote diversity and an inclusive culture at M&G, welcoming applicants regardless of gender, ethnicity, age, sexual orientation, nationality, disability, military service, or career breaks.

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