Team Leader

**Job Advert Summary**:
The Team Leader - UK Fund Accounting will be expected to manage a team of fund accountants as part of the Global Fund Valuation & Accounting Team who will perform the accounting and administration of various foreign domiciled investment funds. The individual will be required to manage staff, assist staff with operational issues to enable preparation and validation of these funds valuations, review staff’s work, ensure processes followed adhere to operational and regulatory standards and manage the UK Fund Accounting team’s involvement in any project work. The role requires management of the UK Fund Accounting team to ensure all deliverables pertaining to offshore priced investment funds are produced and dispatched on time in accordance with client service level agreements (“SLA”) and agreed quality standards. To manage the team and its functional deliverables, the role will be focused, but not limited, to the following supervisory responsibilities which include resource and task planning, recruiting appropriate experienced staff to effectively discharge the functional activities, resolving operational queries, communicating with key stakeholders between offices, reviewing UK Fund Accountants’ daily/weekly/monthly deliverables and ensuring operational processes are followed and quality standards adhered to. This individual will also oversee projects aimed at improving processes of the UK Fund Accounting team as well as projects associated with new client take-ons. The position is a full-time role which will report directly to the Manager - Offshore Fund Accounting.**
Minimum Requirements**:
An accounting qualification (minimum B.Com or equivalent) together with a minimum of 3 years work experience in the financial sector and at least 12 months Fund Accounting experience or - 24 months plus Fund Accounting experience in asset management portfolio administration and pricing;
- Experience with listed/non-listed international unit trusts, OEIC fund administration is essential;
- Experience with other international investment vehicle structures: Segregated Portfolios Companies, ETF’s, Pooled products, Master-Feeder etc. structures will be an advantage. - A strong business acumen with excellent numeracy and a logical and analytical approach is essential;
- Strong technical knowledge of the Fund Accounting processes in a regulated environment, and a good understanding of the upstream and downstream processes and their risks;
- The ability to design new processes, to conceptualize and assist in the development of systems to support new processes;
- A strong all-round understanding and a proven track record of experience in fund accounting as part of back office administration;
- A strong knowledge of the trade life cycle process;
- Knowledge and understanding of fixed interest, equity, FX and OTC derivative instruments; and - Knowledge and experience with UK registered investment fund regulatory requirements will be an advantage.**
Duties and Responsibilities**:
Fund Accounting Oversight: - Demonstrate a deep understanding of the practices and processes pertaining to Fund Accounting;
- Ensure accurate calculations of fund valuations, through valuation oversight reviews as part of NAV validation process;
- Ensure fund valuation inaccuracies and reportable NAV errors are identified and quantified through a BPS impact analysis and are appropriately recorded in the risk management system;
- Ensure material NAV errors are administered, communicated to all stakeholders and appropriately remediated through a NAV re-price process; Operational Management: - Monitor the daily execution of the production schedule as pertains to UK fund valuation deliverables;
- Manage the UK Fund Accounting output in accordance with the daily/weekly/monthly valuations production schedule to ensure all valuation points deliverables are prepared/reviewed and dispatched (including project timeline deliverables);
- Adhoc assistance with resolving InvestOne system queries relating to Fund Valuations and Accounting processes performed on UK funds, including Spectra or OLE related queries. Assistance would need to be immediate if the query is putting actual SLA delivery at risk; and - Adhoc assistance with technical queries relating to use of the InvestOne system, including BEC and EMS configuration and exceptions/issues relating to BEC and EMS. People Management: - Coordinate performance management of each team member in UK Fund Accounting team, which include setting KPIs which align to job description, structure staff development and manage team member performance feedback;
- Participate and lead training required for the UK Fund Accountants to allow knowledge share in the team; and - Ensure there is always sufficient coverage in the team for NAV and related reporting deliverables. Relationship Management: - Familiarize and review internal /external client SLAs to ensure agreement terms are adhered to on a daily