Description
The purpose of the role is to manage the day to day maintenance of the investment accounting records for the hFP, FPIL and FLWL investment funds. Ensure that the investment ledger is up to date, accurate and complies with Group & Life Financial Reporting/regulatory requirements. The role supports downstream activities including the production of unit linked prices.
Responsibilities
- Day to day supervision of the cash & reconciliations team leading five colleagues to include; training, development, coaching & PDP
- Daily cash and stock reconciliations to support the unit linked NAV production;
- Ensure that the Investment cash & stock positions can be reconciled from prime records through to the Friends Life balance sheet on a monthly basis
- Evidence that the investment ledger and Group general ledger are in line.
- Provide support to internal and external audit teams, facilitating an efficient audit process
- Liaise with internal and external asset managers & ALM to ensure accurate administration of the non linked portfolios
- Work with the Investment Accounting managers to ensure the highest standard of controls, escalate & report breaches
Skills and Experience
- Educated to A Level/professional level, or demonstrable equivalent business experience.
- CISI Investment Operations Certificate (or equivalent)
- Strong analytical & numerical skills with an eye for detail and accuracy.
- Evidence the ability to work under pressure and to tight deadlines
- Strong written and verbal communication skills
- Fund accounting and securities & markets
- Proven financial services experience in an FCA regulatory environment. Including mutual funds or investment accounting. Extensive experience using investment systems