Investment Accounting Oversight Specialist

Investment Accounting Oversight Specialist

At M&G our purpose is
**to help people manage and grow their savings and investments, responsibly**. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we're looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

**The Role**:
The Investment Accounting Oversight Specialist will play a key role in a centralised function for Investment Accounting Services(IAS). IAS provides technical accounting oversight on the majority of M&G funds including collective vehicles, private fund vehicles, unit linked funds and PAC life funds. This role will be based in the IAS team in Luxembourg and will focus on the funds within the Lux ManCo.

**Key Responsibilities**:

- Ownership and coordination of the end-to-end process for the Financial report and accounts for in scope funds.
- Ensure appropriate NAV oversight checks are performed over the in scope Funds.
- Oversight of Third party administrators and Depositories to ensure that the Fund Accounting Services are appropriately managed in accordance with regulations and legal agreements.
- Liaise with the wider IAS team on allocation of work, consistency of process and reporting of management information.

**Responsibilities will include**:
The oversight activities include
- NAV Oversight checks on a daily, monthly and quarterly basis in accordance with the designated NAV Oversight framework.
- Oversight checks over the integrity and accuracy of ledger data, providing analytical and regulatory reporting,
- Linking with other oversight teams to ensure there is consistent and risk based approach across all funds.
- Oversight of Third party administrators and Depositories to ensure that the Fund Accounting Services are appropriately managed in accordance with regulations and legal agreements.
- Incident management of any incidents, breaches or errors in relation to the Fund Accounting Services.
- Ownership and coordination of the end-to-end process for the Financial report and accounts for in scope funds.
- Management of the External auditor relationship for the in scope funds.
- Actively participate in change activities affecting in scope funds e.g launches, in species, mergers and closures

**You will have**:

- Previous experience within an accounting oversight function within Financial Services.
- Technical experience of the pricing and workings of a range of Investment Funds, with a strong knowledge of Alternative funds.
- Experience of different assets types and valuation methodologies, including debt securities and derivative instruments.
- Strong technical knowledge of Financial Reporting for Investment funds, in particular Alternative Funds, across different accounting regimes eg Luxembourg GAAP, IFRS,UK GAAP, AIC SORP, IA SORP
- Strong analytical skills
- Accountant by qualification or experience
- Confidence to communicate effectively with a range of internal and external parties

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality or disability we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

Job ID R12094
- ABOUT COMPANY
- M&G plc
- London, United Kingdom
5500 Employees Investment Banking / M & A

M&G plc is an international savings and investments business, managing money for around 5 million retail customers and more than 800 institutional cli...