Head of Investment Accounting

Michael Page (UK)

About Our Client

This Head of Investment Accounting role is with a leading financial services business.

Job Description

The responsibilities of the successful candidate for this London based Head of Investment Accounting role will include:

• Perform and oversee cash/asset accounting and data responsibilities for assigned global accounts covering complex asset classes. Serve as a subject matter expert for confirming accurate cash and holdings for timely investing. This includes daily transaction activity, security positions, cash balances, market values, etc.
• Implement and monitor internal controls/procedures to safeguard the accuracy and integrity of investment accounting data.
• Work in partnership with the Reconciliation team to make sure all records are accurate and reconciled with client and custodial books and records. Oversee and quickly resolve any applicable breaks or non-reconciled cash/positions through active ownership of any unresolved discrepancies.
• Address all reconciliation, accounting and account related requests from investment teams and other stakeholders with prioritization and speedy resolution.
• Interact with client teams/reporting,
• Support global investment initiatives through participation in projects, development and implementation of new initiatives, process reviews and/or system enhancements.
• Interface with internal and external personnel including senior operations staff, legal, relationship management, IT, brokers, custodians, portfolio managers, traders, regulatory agencies and/or industry contracts to educate, provide direction, obtain information, and resolve problems.
• Understand upstream and downstream processes that impact cash and asset accuracy and usage.
• Demonstrate expertise in the areas of accounting, technical functions, research of issues, critical thinking, problem solving, independent decision making and effective communication.
• Perform other job-related duties or special projects as required supporting the global operating model.

The Successful Applicant

The successful candidate will have the following background:

• Fully qualified accountant (ACA,ACCA,CIMA, etc)
• Strong experience in investment accounting with in-depth understanding of financial instruments (including derivatives), valuation methods, and accounting standards.
• Strong working knowledge of financial services / investment products and services
• Proven leadership and team management skills
• Ability to work closely with the portfolio managers/traders, under pressure in a deadline driven, team-based environment
• Knowledge of/experience in Performance and Valuations would be beneficial
• Knowledge and experience in derivatives is required
• Experience with Eagle Accounting platform is a plus

What’s on Offer

Attractive salary and benefits package.