Fund Oversight Assistant Manager - 6 month Secondment / FTC

About The Opportunity

Job Type: Fixed Term Contractor

Contract duration : 5 months.

Application Deadline: 24 April 2026

Title: Fund Oversight Assistant Manager - 6 month Secondment / FTC

Department: FSO UK Fund Oversight

Location: Kingswood

Reports To: Fund Oversight Senior Manager

Purpose of your Role

Fund Accounting Oversight is responsible for the oversight of third-party administrator services for outsourced fund accounting of OEIC and Investment Trusts.

These responsibilities include monitoring activities to ensure accurate Net Asset Value (NAV) calculations and financial reporting. The oversight function also monitors and reviews the performance of service provider to ensure compliance with service level agreements and key performance indicators.

Fund Oversight is split into two teams, NAV and Operations Oversight and Financial Reporting Oversight. The Financial Reporting team primary responsibility is to oversee the production and review of financial statements including managing the audit and board sign-off of accounts.

This role is within the NAV and Operations Oversight team, who are responsible for the oversight of NAV production and operational fund accounting. Key duties include reviewing and validating daily NAV movements and exceptions, approval and review of expense budgets and expense processing, maintenance of expense golden records, income and fee rebate monitoring, oversight and escalation/resolution of aged cash and stock reconciliation breaks and supporting product change (fund/share class launches and mergers).

Key Responsibilities

• Daily review of NAV movements and exceptions on service provider portal and validation of NAV exceptions flagged through internal oversight platform
• Oversight of fund expense processing including invoice coding/fund allocations and review of invoices for accuracy

Monitoring and review of expense accruals and approval for expense budget changes. Monthly review of OCFs reported by service provider.

Oversight of fee rebate activity including the review of invoicing to third party managers, monitoring of rebate receipts and provision of client instruction for any changes to rebate accruals or rebate rates. Internal stakeholder support and fund accounting point of contact for rebate processing.

Review of income forecasts produced by service provider and preparation of proposed smoothed distribution rates for ratification by IM teams

Oversight of provisional income distributions including provision of client instruction for target distribution rates

Manage fund and share class launch activities including updating expense golden records and ensuring new fund/share classes are captured in relevant systems and applications. Provide technical input to the business.

Co-ordination and resolution of any valuation point queries or escalations

Stakeholder query management.

Experience And Qualifications Required

The candidate should be a good communicator with a can-do attitude. They have a flexible approach, they are self-motivated and a strong team player

• Technical fund accounting knowledge (part qualified or through experience)
• Strong understanding of fund structures and financial instruments
• Excellent analytical skills, accurate and numerate with strong attention to detail
• Good working knowledge of Office applications
• Excellent verbal and written communication
• Project delivery experience
• Flexible attitude and approach to duties
• Strong planning, prioritisation and organisation skills
  
  

Desirable but not Essential:

• Previous financial services experience, specifically in Fund Accounting or Oversight
  
  

Key Competencies for the Role:

• Delivers results: Takes ownership for delivery and accuracy
• Planning and organisation: Prioritisation and time management
• Problem analysis
• Stakeholder/customer management