Fund Accountant in Glasgow

Location: Glasgow

Salary: Hidden

Recruiter: Meraki Talent

Job Hours: Full-time

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Due to an enhanced period of growth, Meraki Talent are seeking an experienced Fund Accountant for a newly created position within the heart of Glasgow's Financial Services district. As a Fund Accountant, you will be responsible for maintaining accurate financial records for investment and hedge funds, ensuring compliance with regulatory requirements, and providing timely reporting to stakeholders. You will play a crucial role in the financial operations of the fund, including calculating net asset values (NAVs), reconciling transactions, and preparing financial statements. This position requires attention to detail, analytical skills, and a solid understanding of accounting principles and financial markets. Responsibilities: Net Asset Value Calculation:

Calculate daily, weekly, or monthly net asset values (NAVs) for investment funds.
Reconcile cash, positions, and market values to ensure accuracy in NAV calculations.
Investigate and resolve any discrepancies in NAV calculations.

Financial Reporting:

Prepare financial statements, including income statements, balance sheets, and cash flow statements, in accordance with regulatory standards and fund requirements.
Generate performance reports and other ad-hoc financial reports for internal and external stakeholders.
Ensure timely and accurate delivery of financial reports to clients and regulatory authorities.

Reconciliation and Control:

Conduct daily reconciliations of investment transactions, cash movements, and positions.
Investigate and resolve discrepancies between accounting records and external sources, such as brokers and custodians.
Implement controls to mitigate operational risks and ensure compliance with regulatory requirements.

Audit Support:

Assist auditors in the annual audit process by providing documentation, explanations, and support as needed.
Respond to audit queries and address any findings or recommendations for improvement.

Regulatory Compliance:

Stay informed about regulatory changes impacting fund accounting and reporting.
Ensure compliance with applicable accounting standards (e.g., GAAP, IFRS) and regulatory requirements (e.g., SEC, IRS).

Process Improvement:

Identify opportunities to streamline and improve fund accounting processes.
Implement automation and efficiency enhancements to increase accuracy and reduce manual effort.
Participate in projects aimed at enhancing systems and technology infrastructure for fund accounting.

Qualifications:

Bachelor's degree in Accounting & Finance
Ideally ACCA Qualified
Previous experience in fund accounting, preferably within the asset management or investment industry.
Strong understanding of accounting principles and financial instruments (e.g., equities, fixed income, derivatives).
Proficiency in accounting software and financial reporting tools
Excellent analytical skills with attention to detail and accuracy.
Ability to prioritize tasks and work effectively in a fast-paced environment with tight deadlines.
Strong communication and interpersonal skills, with the ability to collaborate effectively with team members and stakeholders.

This is an excellent opportunity to join a progressive firm, who are highly regarded within the Glasgow market. As well as a hybrid approach to working, our client are offering excellent salary and benefits, as well as an excellent workplace experience. Apply Now Is this job for you? At Meraki, we love recruitment and love words. Is this you? Jennifer wants: Fund Accountant, Fund Accounting, NAV, Reporting, IFRS 'By submitting your information, you confirm you have read and understood our Privacy Notice which outlines how we use information we collect about you.”

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About Meraki Talent

merakitalent.com

Recruitment reimagined: delivering bespoke recruitment solutions for clients in Financial Services, Information Technology, Accountancy & Finance and Global Professional Services.

Meraki Talent is a recruitment and selection business founded in 2015 which focused on serving the hiring needs of employers in the Financial Services, Professional Services and Industry & Commerce sectors in the UK and Internationally.

We work on behalf of Global Banks, Asset Managers, Life Companies, Wrap Platforms, Securities Services firms, Wealth Managers, we also work with clients in the Industry & Commerce and Professional Services Sectors. We can provide you with talent or opportunities in Risk & Compliance, Investment Management, Asset & Fund Services, Technology & Change, Marketing & Distribution and Accountancy & Finance.

W: www.merakitalent.com
FB: @merakitalentltd
I: @meraki_talentltd

T: +44 (0)131 297 2700
T: +44 (0)141 648 9415
T: +44 (0)207 101 5360