Company Description
Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance
We have over 1,800 colleagues in 20+ jurisdictions and are proud to be the trusted partner of over 8,000 clients. Our culture of support and recognition provides the tools and opportunities for you to grow and make your mark with Ocorian, while unlocking the most value for our clients.
In Belfast, we have a team of c.120 colleagues, with c.70 focused on Fund Services across our Accounting, Administration, Investor Services, Company Secretarial and Depositary teams.
The local office was established in the Titanic Quarter in 2011 and has grown to become a key strategic office for the wider group. We currently have c.50 staff providing Global Enablement Functions for Ocorian including Marketing, Internal Finance, IT, Compliance and HR.
In the Fund Accounting team, we work closely with the finance departments of our clients and consider ourselves as an extension of their team.
- On an ongoing basis, we bookkeep cash transactions and reconcile to bank accounts.
- On a quarterly basis, we calculate accruals, prepayments, loan interest and other accounting journals to provide our clients with an accurate TB and ledger. We then receive the valuation of investments from the clients and record these to allow us to finalise the TB and prepare management accounts comprising Statement of Comprehensive Income, Statement of Financial Position, Statement of Cash Flows and related notes.
- On a semi-annual or annual basis, we prepare full statutory accounts for each fund ranging from simple entities to complex group structures and PLCs. We draft and maintain timetables, host calls with all parties and manage the audit on behalf of our clients. For some clients, we attend formal board meetings to present accounts and related matters.
The Fund Accounting team has c. 30 accountants based in Belfast and provides a career pathway from school leavers entering a Higher-Level Apprenticeship, through graduate Trainee Fund Accountants, part-qualified Assistant Fund Accountants and qualified Fund Accountants. We also have Senior Fund Accountant and Manager level roles for more experienced staff.
We offer hybrid working, typically with 2 days in the office and 3 days working from home.
What’s In It For You
- Competitive salary
- We are globally hybrid
- Flexible working hours
- Private Pension Plan
- Private medical insurance
- Annual Salary Review
Job Description
The Senior Fund Accountant would work as part of a team who are responsible for the planning and preparation of financial reports for a portfolio of funds, ensuring reporting deadlines are met and the delivery of client accounting requirements follow Ocorian’s contractual obligations.
This is a senior position, typically requiring an ACA or ACCA qualified person with excellent technical knowledge and understanding of current accounting standards, particularly IFRS and UK GAAP. Duties may involve preparation of difficult accounts and first review of work prepared by more junior members of staff, as well as assisting the Fund Accounting Manager with their deliverables.
Core Accounting
- Review of day-to-day bookkeeping (to include but not limited to) expenses, VAT, accruals, prepayments, loan interest calculations, investment and investor transactions such as movement in valuations provided by the client / Investment Manager
- Preparation or review of quarterly management accounts comprising Statement of Comprehensive Income, Statement of Financial Position (showing Net Asset Value), Statement of Changes in Equity and Statement of Cash Flows in accordance with individual fund requirements
- Preparation or review of interim and annual financial statements, including responding to audit queries
- Ensure that regulatory and statutory reporting requirements are met and that current accounting standards (UK GAAP or IFRS) and best practice principles are applied to the accounts production process and kept current as such standards and principles develop.
Stakeholder Management
- Develop an understanding of clients, including the nature of their transactions and reporting requirements, and help maintain the client relationship
- Develop and maintain a process to ensure the timely delivery of client accounting requirements in relation to financial reports and accounts
- Lead client meetings involving accounting related matters
- Liaise with clients, auditors and other professional advisers to agree timetables for the production of accounts
Other duties
- Ensure Ocorian’s policies and procedures are used and adhered to within the accounts team and contribute to the continuing development of those policies and procedures, including for new funds
- Contribute to the training, development and performance appraisal of the accounts team by maintaining quality control measures and seeking to constantly improve departmental and individual performance
- Review and release of client payments prepared by the Administration team
- Any other such duties that might be reasonably required for this role
#LI-AM1
#LI-Hybrid
Qualifications
Qualifications
The role would suit a qualified accountant with relevant experience and the ability to demonstrate:
- Solid and pragmatic accounting skills and technical accounting knowledge
- Excellent presentational, written and verbal communication skills
- Meticulous attention to detail
- Excellent organisational and planning skills including managing expectations and determining that which is important versus that which is urgent
- Solid Excel, Word and general IT skills
- Professionalism and ability to win the respect of clients
- Ability to work on own initiative and as part of a team
- Ability to interact with colleagues at all levels
- The drive to make continuous improvements
- Flexibility to adapt as the role develops
Additional Information
Our Values
All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are:
- We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
- We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
- We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
- We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
- We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships.
