Fund Administrator

Summary: The Fund Pricing Administrator role is a graduate position within a global investment company based in Central London, offering a hybrid working arrangement. The position involves various accounting and reconciliation tasks related to fund management, requiring strong analytical skills and attention to detail. The role is initially for a 12-month period, providing an opportunity for recent graduates to gain valuable experience in the finance sector.

Key Responsibilities:

• Daily reconciliations of cash and asset balances against the custodian.
• Post daily accounting journals to the funds.
• Calculation of expense accruals and maintenance of expense reconciliations.
• Posting of invoices and income accruals.
• Update of the fund rental schedule and posting of rental invoices.
• Review daily fund movements in line with agreed tolerances.
• NAV per share calculations with multi share classes.
• Calculation of daily subscriptions and redemptions summary for delivery to the depositary.
• Arranging payments for the funds as required.
• Maintenance of ongoing accounting records required for auditor and depositary review.
• Calculation of performance returns for multi share classes.
• Provision of monthly, quarterly, and annual fund data to internal and external sources as required.
• Responding to internal queries on the funds.
• Preparation of monthly management accounts pack (with accountant’s assistance) and quarterly distribution calculation.
• Assist in the preparation of interim/final account schedules as required.
• Prepare VAT schedule for the Fund Accountants.

Key Skills:

• Graduate who has studied Economics, Accounting, Business or Sciences.
• Strong communication skills.
• Good knowledge of Excel and systems.

Salary (Rate): £35,000.00/year

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: Entry Level

Industry: Finance