Financial Junior Officer

Financial Junior Officer

Our client is currently looking for a financial junior officer. The position is a full-time permanent role supporting fund accounting matters in the office. The officer will report directly to the Head of his respective team.


⦁ To ensure the provision of high quality accounting, NAV generation and production of financial statements for a variety of funds
⦁ To assist in the implementation of fund administration systems
⦁ Revalue fund portfolios and perform follow-up on exceptions noted
⦁ Validate the completeness and accuracy of trade capture
⦁ Perform procedures to ensure the completeness of income
⦁ Account for corporate actions
⦁ Account for subscriptions and redemptions
⦁ Generate NAV calculations within agreed deadlines and complete checklists to ensure the accuracy of this process
⦁ Liaise with investment managers, custodians and sub-administrators in relation to matters regarding the production of the NAV
⦁ Keep abreast of accounting developments and their impact on the funds industry
⦁ Ensure consistent application of the firm’s policies and procedures at all times
⦁ Prepare reconciliations to third parties, including custodians and investment managers, and follow up on reconciling items
⦁ Perform bank reconciliations and follow up on reconciling items

Skills and Experience Required

⦁ Experience working in a similar role would be an asset but not fundamental
⦁ Part-qualification in ACCA or equivalent
⦁ Clear understanding of the operation of funds and the role and responsibilities of all parties involved
⦁ Understanding of all relevant fund documentation, including material contracts (prospectus, management agreement, custodian agreement, administration agreement etc.)
⦁ Understanding of fund accounting principles, methods and reporting, including income distribution mechanics, calculations of performance fees and equalisation techniques (for income distributions and performance fees)
⦁ Ability to develop a working knowledge of the fund administration IT systems in use; excellent command of Excel
⦁ A commitment to providing quality service to all clients serviced by the Fund Administration department
⦁ Ability to communicate and present information clearly and accurately and in a timely manner to staff, clients, and other third parties (custodians, investment managers etc.)
⦁ Ability to keep team members aware of progress and to communicate issues in a timely manner
⦁ Ability to be a team player
⦁ Ability to work within tight timeframes and to a very high standard
⦁ Proactive in contributing towards the improvement of systems and procedures