Graduate Fund Finance Assistant - Investment Management
- Recruiter
- Goodman Masson Limited
- Location
- England, London
- Salary
- £25000 - £28000 per annum + Study Support + 25-50% bonus
- Posted
- 23 May 2019
- Closes
- 30 May 2019
- Ref
- 23052019lnh
- Contact
- Louis Nwosu-Hope
- Job Title
- Accounts Assistant
- Category
- Banking and Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
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