At a Glance
- Tasks: Compile Pension Fund Report & Accounts and manage complex reconciliations.
- Company: Spinwell is a recruitment agency focused on public sector opportunities.
- Benefits: Hybrid working model with a pay rate of £400 per day.
- Other info: Contract length until 31/10/26 with inside IR35 status.
- Why this job: Join a pivotal role ensuring financial integrity of a £2.2bn pension fund.
- Qualifications: Experience in pension funds, local government, and CIPFA requirements is essential.
The predicted salary is between 30000 - 40000 £ per year.
Spinwell is recruiting for a Pension Fund Accounts Officer for an excellent opportunity within the public sector.
RESPONSIBILITIES OF THE PENSION FUND ACCOUNTS OFFICER
- Financial Reporting & Accounts
- Lead the compilation: You will work closely with the Manager to compile the Pension Fund Report & Accounts, ensuring all entries are accurate and timely.
- Ensure compliance: You will ensure our Report and Accounts meet all CIPFA reporting requirements and are produced to the highest standard.
- Manage the £2.2bn portfolio data: You will develop and prepare monthly transaction reports carried out by Fund Managers and the London CIV to ensure holdings are accurately reflected in the Statement of Accounts.
- Reconciliation & Control
- Complex Reconciliations: You will take ownership of complex reconciliations, ensuring they are recorded accurately within the Council’s financial reporting systems.
- Suspense Accounts: You will be responsible for clearing Pension Fund suspense account items on a monthly basis, ensuring alignment with the chart of accounts.
- Audit Trail: You will maintain comprehensive working papers and documentation to create a full audit trail, acting as the primary point of contact for internal and external auditors to provide assurance on data quality.
- Operations & Liaison
- Stakeholder Management: You will liaise with Pension Fund Investment Managers, Custodians, and external Pension administrators to ensure data accuracy for reconciliations and journal entries.
- Transactional Duties: You will raise purchase orders, pay invoices, and act as the primary contact for invoice queries.
- ESG & Governance: You will assist the Assistant Director with the execution of passive equity voting and support the team with Environmental, Social, and Governance (ESG) reporting requirements.
SKILLS/EXPERIENCE OF THE PENSION FUND ACCOUNTS OFFICER
- Technical Proficiency: Experience with complex financial reconciliations, suspense accounts, and general ledger systems.
- Attention to Detail: The ability to maintain accurate working papers and handle large datasets (relating to our £2.2bn fund) with precision.
- Communication Skills: Confidence in liaising with external auditors, fund managers, and internal stakeholders. Must have experience in pension funds and within local Government.
- Knowledge: An understanding of CIPFA requirements and pension fund accounting is highly desirable.
We welcome all applications regardless of background, in line with our commitment to diversity, equality and inclusion.
Pension Fund Accounts Officer - Council employer: Spinwell Global
Spinwell offers a unique opportunity to work within the public sector, focusing on pension fund management. Located in Hackney, the role supports a £2.2bn portfolio, ensuring compliance and accuracy in financial reporting. The team values diversity and inclusion, welcoming applicants from all backgrounds.
We think you need these skills to ace Pension Fund Accounts Officer - Council
Financial Reporting
CIPFA Reporting Requirements
Complex Reconciliations
Suspense Accounts Management
Audit Trail Maintenance
Stakeholder Management
Data Accuracy
