Fund Accounting Analyst

The opportunity

As Fund Accounting Analyst, you will support the Fund Accounting Manager who is responsible for Omnis Investment Limited’s fund accounting and pricing activities.

You'll assist with every aspect of the portfolios’ structures, holdings and fund accounting activities to support accurate fund pricing.

This is a hybrid role, based 2 days a week in our central London Office (EC2M 3XD).

The benefits:

• Salary - up to £44,561
• Bonus scheme - on target bonus - 7.5%
• Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
• Critical illness cover
• Income protection
• Death in service - 4x salary
• 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days
• A range of other flexible benefits to include private medical insurance, dental insurance and much more.

Key Accountabilities:

• Support the Fund Accounting Manager / Officer in delivering all fund accounting and pricing questions and issues.
• Perform any investigative and reconciliation tasks required in accordance with written procedures.
• Be responsible for reviewing and resolving cash/stock/pricing reconciliations as part of the third-party administrator oversight process (i.e. bank account reviews, cash & stock breaks, pricing differences).
• Oversee several fund accounting outputs associated with the Omnis funds including: OCFs/SRRIs/costs and charges data/with-holding tax etc.
• Prepare fund expense invoices for sign off, and investigate items, as necessary.
• Take ownership of any fund tasks within the team and be proactive with any queries requiring investigation or escalation, as necessary.
• Produce regular fund management information for meetings and Committees.
• Support the funds’ annual and interim reporting accounts production processes as required.
• Support the production of tailored financial reports and MI for other Openwork entities and Omnis Board and Committees, as necessary.
• Facilitate the provision of information and records required for internal/external audits of outsourced fund accounting and custody services
• Produce and maintain the data for the Omnis Fund Fact Sheets, Sales Information Documents and KIIDs. Activities include utilising, collating and review of data/information, understanding data accuracy and quality assurance checks, obtaining compliance sign off and publication.
• Liaise and engage accordingly across the wider team as required and enable personal growth and understanding.
• Attend meetings with third parties, monitoring and maintaining actions logs through to completion
• Deputise for other team members, as required.
• Be able to support DFM asset allocation and rebalancing tasks on all Platforms.
• Annual review and update of internal processes and procedures covering the full spectrum of activities of the role and team.

What will you need to succeed?

• Experience in fund services and investment operations required.
• CISI Investment Operations Certificate (“IOC”), or equivalent essential
  
• An understanding of each stage of the trade lifecycle (e.g. trade placement, settlements, custody, etc.)
• Knowledge and understanding the various components of accurate fund valuation and pricing is expected
• A basic understanding of UCITS collective investment schemes
• Previous experience of fund audits/auditor engagement favourable
• A basic understanding of transfer agency, investment platforms and UK distribution structures
• Maintain a good understanding of industry best practice with regards to Conduct Risk, Consumer Duty and “Customer Outcomes”
• Previous experience using Bloomberg and Financial Express data usage would be beneficial but not essential
• Strong attention to detail
• Self-sufficient, proactive and adaptable
• Enjoys the challenge of a rapidly developing and changing environment

Why us?

We're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.

We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.