Fund Accountant

Location: Leicester

Job Purpose: We are seeking a highly analytical and detail‑oriented Fund Accountant to manage and oversee the financial operations of investment funds. The role requires strong accounting expertise, regulatory knowledge, and the ability to work collaboratively with internal teams, fund managers, and external stakeholders to ensure accurate financial reporting, compliance, and operational efficiency.

Responsibilities:

• Prepare and maintain accurate Net Asset Value (NAV) calculations on a daily, weekly, or monthly basis.
• Perform fund accounting activities including trade capture, reconciliation, valuation, and financial reporting.
• Maintain general ledger entries and ensure accuracy of financial records for multiple funds.
• Reconcile cash, securities, and other financial transactions with custodians, brokers, and counterparties.
• Calculate fund expenses, management fees, performance fees, and accruals.
• Ensure accurate pricing and valuation of securities, derivatives, and complex financial instruments.
• Prepare financial statements, investor reports, and regulatory filings in accordance with IFRS/GAAP.
• Monitor corporate actions such as dividends, mergers, and stock splits and reflect them accurately in fund accounts.
• Support audits by providing required documentation and liaising with auditors and regulators.
• Ensure compliance with regulatory requirements, fund mandates, and internal controls.
• Identify and resolve discrepancies, breaks, and exceptions in a timely manner.
• Collaborate with fund managers, operations teams, and custodians to ensure smooth fund operations.
• Perform shadow accounting and independent NAV verification where required.
• Manage fund launches, closures, and restructures including onboarding of new funds.
• Maintain and enhance internal processes, controls, and documentation.
• Support system upgrades, automation initiatives, and process improvements.
• Monitor and analyse fund performance metrics and financial trends.
• Ensure timely delivery of reporting deadlines and adherence to SLAs.
• Handle investor queries and provide financial insights when required.
• Maintain data integrity across financial systems and reporting platforms.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
• Professional qualifications such as ACCA, CIMA, CPA, or CFA (completed or in progress preferred).
• 4+ years of experience in fund accounting, asset management, or financial services.
• Strong knowledge of investment instruments including equities, bonds, derivatives, and alternative assets.
• Experience in NAV calculation and fund valuation processes.
• Proficiency in accounting standards such as IFRS and UK GAAP.
• Hands‑on experience with fund accounting platforms (e.g., Geneva, SimCorp, Multifonds, or similar).
• Strong understanding of financial statements and reporting frameworks.
• Experience with reconciliation processes including cash, position, and transaction reconciliation.
• Knowledge of regulatory frameworks (e.g., FCA, AIFMD, UCITS).
• Proficiency in Microsoft Excel (advanced functions, pivot tables, macros desirable).
• Familiarity with data analysis tools and financial modelling techniques.
• Understanding of custody operations, trade lifecycle, and settlement processes.
• Experience with audit processes and internal control frameworks.
• Ability to manage multiple funds and meet strict reporting deadlines.
• Strong attention to detail and accuracy in financial reporting.
• Excellent problem‑solving and analytical skills.
• Experience working in Agile, controlled, or regulated environments.
• Knowledge of automation tools (e.g., VBA, Python, RPA tools) is an added advantage.
• Familiarity with ERP systems and financial software platforms.

Key Skills:

• Excellent verbal and written communication skills.
• Strong analytical and critical‑thinking abilities.
• High attention to detail and accuracy.
• Strong organisational and time‑management skills.
• Ability to work under pressure and meet tight deadlines.
• Effective stakeholder management and client‑facing skills.
• Ability to work independently and within cross‑functional teams.
• Proactive, self‑motivated, and results‑driven approach.
• Strong decision‑making and problem‑resolution abilities.
• Adaptability and flexibility in a fast‑paced environment.
• Strong ethical standards and integrity in financial reporting.
• Continuous improvement mindset.

Salary: GBP 49,200 to 60,000 per annum

Job Type: Full‑time, Permanent (Part‑time and Fixed Term option available)