Accounting Grad Scheme (Investment Management) - Top 30 Uni

Division: Fund and Asset Management

Role: Fund Finance Assistant

Purpose of the role

Acting as a key member of the Infrastructure team contributing to the daily operational support and administration of nominated Funds and Group entities.

Supporting the team day-to-day, key responsibilities will include the timely processing and monitoring of all payments and receivables across a number of trading companies.

Over time as the role progresses there is the possibility of some carried interest in the funds, and/or equity in the business.

Key Accountabilities

• Timely and accurate processing of transactions across designated Fund entities to include:
  • Processing and posting of purchase invoices and payments;
  • Ensure all filing of Fund and project documents are done(Sales Invoices, Expense Invoices, Bank statements, Vat returns)
  • Raising and posting deal/ project related sales invoices and cash receipts;
  • Monitoring receivables and highlighting recoverability issues;
  • Assisting with the collection of outstanding receivables;
  • Timely updating of Revenue tracker documents by project
  • Assist with the process and checks for Fund Close and share allotments;
  • Resolving ad-hoc project queries;

• Management of Fund/ Project Cash Balances to include:
  • Daily cash review to ensure sufficient cash for various payment commitments;
  • Performing regular bank reconciliations ;
  • Timely filing of documents;
  • Updating Fund payments and receipts in the relevant control spreadsheets.

• Timely and accurate preparation and submission of VAT returns to include:
  • Running of VAT reports on a monthly basis;
  • Review of all VAT allocation of all invoices;
  • Reconciliation of VAT control accounts on Sun;
  • Monitor and posting VAT recoverable;
  • Timely payment and posting of VAT payable;
  • Dealing with ad-hoc HMRC enquiries.

• Timely and accurate processing of transactions across designated Group entities to include:
  • Processing and posting of Fund related purchase invoices and payments;
  • Recharged expenses are monitored, cash flowed and reconciled;
  • Annual Fees invoices are raised, posted and cash flowed;
  • Monitoring of aged debtors and creditor for balances relating to designated Funds;
  • Assist with the reconciliation of other Group balances relating to designated Funds.

• Year End Statutory Reporting:
  • Assist in the preparation of year-end audit files;
  • Assist with compiling supporting documents for year-end audits.

• Provision of Further Ad-hoc Tasks:
  • Investor and Fund related queries from the CRT and Client Services teams;
  • Fund related queries from other departments in the business;
  • Ad-hoc projects;

Role Requirements

• 2:1 or above at degree level, strong A levels and GCSE's
• Quick learner, with confidence to work independently
• Diligent work ethic and ability to prioritise the processing of large volumes of transactions
• Strong excel skills and keen attention to detail
• Team player with excellent organisational skills
• Good telephone manner and written skills