Fund Accountant

Ready to make a real impact in a purpose-driven finance team?

LGPS Central is looking for an experienced and skilled Fund Accountant to join our brilliant Finance team. As a key member, you’ll support the Head of Finance and Finance Manager to ensure the effective and efficient delivery of the company’s financial operations. You’ll play a significant role in financial reporting, management accounting, budgeting, regulatory and cost-sharing reporting to partner funds, and overall operational finance.

What you’ll be doing:

As our Fund Accountant, you'll be right at the heart of delivering an exceptional experience to our clients. Here's a flavour of what you’ll get involved in:

• Manage daily cash flow activities, including cash management, bank reconciliations, and treasury operations, ensuring effective risk management and compliance with financial policies.
• Review and reconcile quarterly Net Asset Values (NAV), including equalisation and unitisation calculations, to ensure accurate valuation of investment funds.
• Perform periodic reconciliations of assets, liabilities, income, and expenses, maintaining accuracy across fund accounting records and supporting regulatory compliance.
• Calculate fee accruals and prepayments, support the calculation of charging bases, and assist in generating income from fund management activities.
• Prepare and contribute to quarterly cost transparency reports, investor performance reports, and regulatory reports including AIFMD returns.
• Assist in the valuation process of the company’s partnerships by obtaining and reviewing valuation policies from delegated managers to ensure robust and compliant valuations.
• Liaise with external and internal auditors by providing necessary information, supporting audit planning, and assisting in the smooth management of audit processes.
• Oversee the activities of outsourced administrators, ensuring the operation of effective controls, reconciliations, and accuracy within the company’s accounting systems.
• Contribute to the preparation and monitoring of annual reports and accounts, regulatory returns, budgets, and cash flow forecasts, supporting effective financial planning and reporting.
• Provide financial advice and information to the Head of Finance and other managers on projects, business cases, tax administration, financial risks, and client reporting to support informed decision-making.

This is a varied role, perfect for someone who thrives on organisation, loves working with people, and has a passion for delivering top-tier service in a dynamic and purpose-led environment.

About us

LGPS Central (LGPSC) Ltd is the FCA-regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central’s Partner Funds are:

• Cheshire Pension Fund
• Derbyshire Pension Fund
• Leicestershire Pension Fund
• Nottinghamshire Pension Fund
• Shropshire Pension Fund
• Staffordshire Pension Fund
• West Midlands Pension Fund
• Worcestershire Pension Fund

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid-working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.

Requirements

• Able to communicate complex and highly technical matters in a way which is understandable and relevant.
• Fund Accounting experience with knowledge of NAV, Valuations, Equalisations
• Experience of producing and presenting quarterly Fund Performance reports.
• Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems with customers
• Good report-writing and verbal communication skills.
• Active participant in continuous professional development, with an up-to-date knowledge of relevant accounting, finance, investments and pensions matters.
• Able to build effective relationships at all levels of the company.
• Highly organised and able to plan work to deadlines and manage competing priorities under significant time pressures.
• Good interpersonal, communication and people management skills.

Qualifications

• Qualified CCAB/CIMA Accountant; or
• Part-qualified CCAB/CIMA Accountant with relevant Fund Accounting experience.

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family-friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022
• Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award - LAPF In Investments Award 2023