Role Overview
This role has arisen to provide BAU support while the wider team focuses on a strategic transformation project and onboarding new investment management capabilities.
This is a hands-on operational role focused on maintaining the day-to-day running of fund accounting activities, including trade processing, portfolio administration, cash and stock reconciliations, corporate actions, dividends, FX processing and month-end NAV support.
Team & Environment
You will join a collaborative team of three professionals responsible for middle and back-office fund accounting and valuation activities.
The underlying portfolios primarily consist of traditional equity investments, with potential exposure to broader global equity and fixed income mandates over time.
Key Responsibilities
Fund Accounting & HiPortfolio
Cash, Stock & Dividend Reconciliations
Corporate Actions & FX
Cash Management
Month-End NAV & Reporting
Fund Accounting & HiPortfolio
- Maintain shadow accounting records and ensure books and records are complete and accurate.
- Use HiPortfolio to process and maintain daily portfolio transactions and accounting records.
- Process subscriptions, redemptions and other fund cash transactions.
- Input and validate daily investment trades.
Cash, Stock & Dividend Reconciliations
- Perform daily cash reconciliations against custodian records and investigate and resolve any breaks.
- Perform stock/position reconciliations and ensure portfolio holdings agree with custodian records.
- Process and reconcile dividend income and withholding tax.
- Process and reconcile fees and other portfolio cash movements.
- Ensure daily reconciliations are kept up to date to support month-end and quarter-end deliverables.
Corporate Actions & FX
- Process corporate actions and ensure the resulting cash and stock movements are correctly reflected in HiPortfolio.
- Maintain daily security prices and FX rates to support accurate portfolio valuations.
- Process and post spot and forward FX transactions.
- Monitor the monthly forward FX rolling process.
Cash Management
- Monitor daily dealing cash flows and cash positions.
- Prepare cash forecasts and identify funding requirements, cash surpluses or potential shortfalls.
- Escalate any cash or reconciliation issues promptly to the relevant Fund Managers/team members.
Month-End NAV & Reporting
- Prepare and validate data required for month-end NAV calculations.
- Ensure all trades, corporate actions, cash, stock, dividends, fees and FX transactions are processed and reconciled ahead of NAV production.
- Support the monthly NAV reconciliation process.
- Assist with the production of monthly and ad hoc fund/client reports.
- Complete relevant month-end checklists and control activities.
Key Skills & Experience
- Previous experience in fund accounting, investment operations, fund administration or portfolio reconciliation.
- Experience working within a custodian bank environment, asset management or investment management organisations.
- Experience with HiPortfolio or a similar fund accounting/portfolio accounting system is highly desirable.
- Good understanding of investment transactions, cash movements, securities, dividends, corporate actions and FX.
- Good experience with cash and stock reconciliations, preferably against custodian records.
- Strong attention to detail and ability to identify and resolve reconciliation breaks.
- Comfortable working to daily, month-end and quarter-end deadlines.
- Good Excel skills and ability to work with large volumes of financial data.
- Ability to work independently while escalating issues appropriately.
- Strong organisational and communication skills.