At a Glance
- Tasks: Support financial control and reporting for investment funds and managed accounts.
- Company: Dynamic financial services firm with a focus on accuracy and collaboration.
- Benefits: Competitive salary, professional development, and a vibrant work culture.
- Other info: Ideal for those with strong Excel skills and a passion for finance.
- Why this job: Join a fast-paced environment and make an impact in fund accounting.
- Qualifications: Bachelor’s degree in Finance or Accounting and one year of relevant experience.
The predicted salary is between 35000 - 45000 € per year.
The Fund Accounting & Operations Associate supports the accurate operation, financial control, and reporting of investment funds and separately managed accounts (SMAs). The role involves close interaction with external managers, fund administrators, operations teams, and auditors, with responsibility for profit and loss oversight, fee calculations, NAV review, and financial reporting accuracy. The position requires a strong attention to detail, solid technical accounting knowledge, and the ability to reconcile and analyse complex financial data across multiple mandates and fund entities.
Key Responsibilities
- Act as a key point of contact for external investment managers and fund administrators, overseeing profit and loss reviews, pricing reconciliations, and issue resolution.
- Work closely with Operations teams and administrators to investigate and resolve reporting discrepancies efficiently and accurately.
- Review and agree separately managed account (SMA) management and performance fees across multiple mandates.
- Produce and maintain internal reporting, ensuring consistency with administrator data and internal expectations.
- Support net asset value (NAV) oversight across all fund entities.
- Assist in the review of financial statements and investor reports, ensuring accuracy, completeness, and compliance with relevant accounting and reporting standards.
- Provide support during audit processes, including direct interaction with external auditors and fund administrators.
Required Skills and Experience
- Bachelor’s degree in Finance, Accounting, Economics, or a related discipline with a strong academic record.
- Minimum of one year’s experience in fund accounting or a related financial services role.
- Practical exposure to management fee and performance fee calculations.
- Experience operating in an environment requiring high accuracy, strong controls, and attention to detail.
- Strong Excel skills (Pivot Tables, Lookup functions).
- Ability to review, reconcile, and analyse complex financial data across multiple sources.
- Strong written and verbal communication skills, with the ability to liaise confidently with internal stakeholders and external service providers.
Profiles best suited to this role will have a background working in a fast-paced trading environment, like commodities, prop traders or investment managers.
Middle Office Associate in London employer: Pure Search
As a Middle Office Associate, you will thrive in a dynamic and collaborative work environment that prioritises accuracy and financial integrity. Our company offers comprehensive training and development opportunities, ensuring your professional growth while fostering a culture of teamwork and open communication. Located in a vibrant financial hub, we provide competitive benefits and a supportive atmosphere that values your contributions and encourages innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Middle Office Associate in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Middle Office Associate role!
✨Tip Number 2
Prepare for interviews by brushing up on your technical accounting knowledge. Be ready to discuss profit and loss oversight, fee calculations, and NAV reviews. Practise explaining complex financial data in simple terms – it shows you really understand your stuff!
✨Tip Number 3
Showcase your attention to detail! During interviews, share examples of how you've successfully reconciled financial data or resolved discrepancies. This will highlight your ability to maintain accuracy and strong controls, which is crucial for the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that dream job together!
We think you need these skills to ace Middle Office Associate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your fund accounting experience and any relevant technical skills, like Excel proficiency, to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background in finance or accounting makes you a perfect fit for us at StudySmarter.
Showcase Attention to Detail:Since this role requires a keen eye for detail, make sure your application is free from typos and errors. A polished application shows us you take pride in your work and understand the importance of accuracy.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Pure Search
✨Know Your Numbers
Brush up on your financial knowledge, especially around profit and loss oversight, fee calculations, and NAV reviews. Be ready to discuss specific examples from your past experience where you successfully managed or reconciled complex financial data.
✨Master the Details
Attention to detail is crucial for this role. Prepare to demonstrate how you've ensured accuracy in financial reporting or resolved discrepancies in previous positions. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Communicate Confidently
Since you'll be liaising with external managers and auditors, practice articulating your thoughts clearly. Think of scenarios where you had to explain complex financial concepts to non-financial stakeholders and be ready to share those experiences.
✨Excel Skills are Key
Make sure you're comfortable with Excel, particularly Pivot Tables and Lookup functions. You might be asked to solve a problem or analyse data during the interview, so brush up on these skills and be prepared to showcase them.
