FINANCIAL REPORTING OVERSIGHT ANALYST

The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients’ complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. We’re focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.

Your role at a glance

Ensure the accurate production and review of interim and annual financial statements for outsourced LGIM (Legal and General Investment Management) Funds/Schemes, ensuring that financial statements are filed with the relevant regulators in a regulatory compliant manner. Where applicable, to ensure that manager’s reports and distributions are issued to clients in a regulatory compliant, timely and accurate manner.

What you’ll be doing

• Financial Reporting.  To oversee and review the production of financial statements for LGIM Funds, ensuring outsourced third party administrators produce accurate financial statements within agreed timelines. 

• Audits.  To oversee the annual audits of LGIM funds, such that recommendations can be made for continuous improvement and move towards a best practice environment.

• Investor Distributions.  To oversee and review distribution rates for each paying scheme, ensuring appropriate calculation of equalisation, taxation and payments. To calculate and review complex divergence patterns on pricing and distributions, such that errors or issues with regards revenue apportionment between unit classes are resolved and corrected in a controlled manner.

• Regulatory Compliance.  To collaborate with auditors and outsourced third party administrators, such that the financial statements are compliant from an accounting standards and regulatory standpoint.

• Relationship Management.  To actively participate in the operational management of relationships with Fund Accountants (4 teams across 3 jurisdictions), auditors (3), such that the financial statements, distributions and tax filings to HMRC are completed in a timely, controlled and accurate manner.

• Projects.  To assist the business area on any project work undertaken and provide advice and guidance to project teams as required. 

Taxation.  To oversee and review taxation within the funds, ensuring that returns are delivered to HMRC on a timely and wholly accurate basis.  Maintain a comprehensive knowledge of regulations surrounding Corporation Tax, Income Tax, the Quarterly Instalment regime, and VAT. Also to maintain an understanding of ACS tax operations.  

• You would be preferably Studying towards a professional accountancy qualification such CIMA, ACCA or ACA.

• You would have strong financial services industry experience preferred.

• You will have experience within the financial services industry at an auditor, third party administrator or asset manager preferred.

• You will preferably have understanding of Fund structures across EMEA including UK, Luxembourg and Ireland.

• You will preferably have understanding of regulatory and accounting standards within the UK, Luxembourg and Ireland.

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.