Fund Administrator / Fund Accountant (Asset Management)

This leading independent investment manager, with over $60bn AUM across a range of asset classes, currently have the following opportunity available within their Fund Administration Team:

Role & Responsibilities

  • To perform the day-to-day work in the fund administration team including maintaining accurate investment records for each client; preparing regular and ad-hoc client reports and maintaining good working relationships with both internal and external clients and third parties
  • Update and monitor Portia accounting system to ensure all cash, income, trading, corporate actions etc. are accurately reflected and in line with custodian records on each portfolio.
  • Investigate differences and work with internal departments and third parties, such as custodians, to resolve issues in accordance with company procedures and industry standards.
  • Review and distribution of monthly and quarterly client valuations
  • Ensure all reporting data has been populated accurately including independent verification of portfolio performance.
  • Manage key relationships with external and internal clients and third parties, providing support when required.
  • Complete full month end market value reconciliation for each portfolio versus custodian records, ensuring all outstanding differences outside agreed tolerances are fully investigated and documented.
  • Understand each portfolio’s withholding tax position across international markets to ensure income is recorded and received correctly.
  • Working with custodians to assess missing tax reduction or exemption paperwork.

Fund Accounting

  • Oversee accurate and timely daily and monthly NAV sign off for the client’s fund vehicles.
  • Work with third party fund administrators agreeing annual fund expense budgets.
  • Reconcile the monthly expense accruals and expense cap calculations across the client’s funds arranging reimbursements to funds operating above their expense cap.
  • Negotiating fee structure with vendors who supply services to the client’s funds vehicles.
  • Annual fund audits – work with nominated external auditors and other third parties providing any necessary information to assist in the preparation of annual financial statements for each fund.
  • Assist with the maintenance of fund products including opening and closing of funds.
  • Assist with the modelling of operating costs for the client’s fund products that could be launched in the future.

Background & Experience

  • Strong investment accounting and fund administration knowledge
  • IAQ/IMC Award or equivalent – beneficial.
  • Strong international settlements knowledge – preferred
  • Knowledge of international withholding tax – preferred
  • Relevant financial Degree together with 3 A’ levels (preferably to include mathematics)
  • Strong oral, written and presentation skills
  • Offer solutions and add value
  • Adaptability, teamwork and good problem-solving skills
  • Achievement focused

To hear more about this challenging opportunity, please contact Karen Consalvi on 020 7847 8874 or email

Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.

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