JUMP TO CONTENT

Fund and Product Operations Associate- 6 Month FTC

  1. London
  2. Full-time
  3. Accounting

__jobinformationwidget.freetext.ExternalReference__

720_12895

This vacancy has now expired. Please see similar roles below...


Company Description

Applications close 15th May 2024

 

Legal & General Investment Management is one of Europe’s largest asset managers and a major global investor. We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors.

Throughout the past 40 years we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.


Job Description

 

We are looking for an Associate Finance Business Partner to join LGIM’s Real Assets business on a 6 Month Fixed Term Contract.

You will be responsible for ensuring that the Funds within your remit are set up and operated effectively and efficiently.

You will also provide financial information, tools, analysis and insight to the Investment Manager, General Partner and AIFM, helping them make informed decisions

On top of this you will deliver technical accounting expertise, working closely with operational and support teams to ensure the delivery of accurate, timely and useful financial information, implementing and challenging processes and working with the various stakeholders to improve outputs.

Principal accountabilities:

Financial Control and Financial Reporting:

  • Setting and implementing the accounting policies, within the LGIM Group accounting framework, for new funds and ensuring the policies for existing funds are fit for purpose, consistent across the platform and updated as and when required
  • Providing technical accounting advice to the outsourced fund accounting teams, in relation to complex or non-standard accounting transactions
  • Review monthly / quarterly fund valuation and management accounts prepared by the outsourced fund accounting team
  • Prepare and monitor budgets for the fund level vehicles within the structures under their remit
  • Cash management and planning, considering availability of equity and debt
  • Review, design, implement and monitor effectiveness of internal financial control procedures.
  • Review and sign off of key calculations including capital calls, redemptions, distributions, management fees, expense caps
  • Oversight of regulatory reporting

Oversee Outsourced Providers of Financial Reporting and Administration Services:

  • Oversee the work of outsourced fund administrators and fund accountants
  • Monitor key performance indicators and review work performed by providers.
  • Coordinate and oversee audit of fund structures, providing support and information as required and making decisions regarding accounting policies
  • Act as the link between the Investment Management and back office functions (fund accounting, depositary, AIFM, Company Secretary), ensuring all relevant information is transferred and providing context to ensure the Financial Reporting reflects the commercial reality of the underlying structure
  • Coordination of periodic board meetings including suggesting and adapting materials based on activity and INED feedback
  • Implement newly designed operational and financial oversight models, critically assessing effectiveness as required
  • Monitoring of covenants and associated bank reporting relating to debt facilities

Client Relationships:

  • Prepare finance material and present it at investor, board or AIFM meetings as required.
  • Deal with investor questions and queries on finance matters.

Qualifications

Qualifications

Skills and Experience

  • Qualified Accountant
  • Fund (open or closed ended) experience essential, Luxembourg domiciled fund experience preferable
  • Experience of navigating corporate governance frameworks
  • Accounting, IFRS consolidations and audits
  • Resourceful with highly developed problem-solving skills and ability to provide solutions to issues that arise
  • Demonstrated successful stakeholder management essential
  • Demonstrated experience of presenting in formal business environments
  • Proven ability to manage, prioritise and juggle several complex tasks at any one time and make decisions on what meetings and requests to prioritise

Additional Information

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.

Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.  

We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.  

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.  

We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. 

If you’re open to find out more, we'd love to hear from you.

Great news! We will let you know when a new job like this has been added!

Similar roles

List #1

Our latest posts

pension professionals presenting a deck
Pension careers at L&G: Opportunities in Institutional Retirement

Teaser

Investments

Content Type

Blog

Publish date

12/19/2024

Summary

What is a career in pensions?  A career in pensions at Legal & General offers the opportunity to play a pivotal role in securing the financial futures of individuals and businesses alike, encomp

Teaser

A career in pensions at Legal & General offers the opportunity to play a pivotal role in securing the financial futures of individuals and businesses alike. Learn more.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

underwriting professionals in a meeting
Why underwriting with L&G in Hove could be the career move for you

Teaser

Investments

Content Type

Blog

Publish date

12/19/2024

Summary

Looking for a career that challenges you, rewards your skills, and sets you up for long-term success? Underwriting with Legal & General in Hove could be the opportunity you’ve been searching for

Teaser

Based in the vibrant coastal town of Hove, our underwriting teams combine professional growth with the kind of work-life balance that’s hard to find elsewhere.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

three professional women sitting on a bench and smiling - finance careers london
Why now is the time to bring your finance career to London with L&G

Teaser

Finance & Actuary

Content Type

Blog

Publish date

12/19/2024

Summary

The finance industry has evolved significantly, embracing new technologies, data-driven decision-making, and a greater focus on sustainability and responsible investment, creating exciting oppor

Teaser

With our inclusive and collaborative culture, L&G is a great place to build a rewarding finance career. Explore our career opportunities in London today.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

underwriting professionals smiling in a common area at the office
Drive change in underwriting: senior roles at Legal & General in Cardiff

Teaser

Investments

Content Type

Blog

Publish date

12/19/2024

Summary

At Legal & General, we’ve been a leading name in the insurance industry for decades, helping millions of people secure their financial future.  With a strong presence in Cardiff, we’re proud to

Teaser

At L&G, we are looking for senior underwriting professionals who drive the success of our business.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

employees from the IT and change department
Careers in IT and Change at Legal &General

Teaser

Technology, Digital & Data

Content Type

Blog

Publish date

12/06/2024

Summary

What is a career in IT and Change?  A career in IT and Change is all about driving innovation and transformation within businesses by leveraging technology to improve processes and systems.  At L

Teaser

A career in IT and Change is all about driving innovation and transformation.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

defined contribution person sitting at desk with laptop smiling
How to progress your career in Defined Contribution

Teaser

Investments

Content Type

Blog

Publish date

11/07/2024

Summary

At Legal & General, we understand that the Defined Contribution (DC) industry is evolving rapidly, and so are the opportunities within it.  For mid to senior-level professionals, progressing to

Teaser

Advancing your career in Defined Contribution offers immense potential to make a meaningful impact on the financial futures of countless individuals.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

image of Legal and General interns
4 compelling reasons to kickstart your career with an Internship at Legal & General

Teaser

Future Talent

Content Type

Blog

Publish date

11/01/2024

Summary

Internships are a pivotal moment in a student’s career, providing a chance to step into the professional world, gain hands-on experience, and discover potential career paths.  At Legal & Gen

Teaser

Hear from some of L&G’s interns as they reflect on their experiences.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

underwriter having a cup of tea and smiling
The evolving landscape of underwriting careers: insights for mid to senior-level professionals

Teaser

Customer Service & Sales

Content Type

Blog

Publish date

11/01/2024

Summary

As the world of finance continues to transform, so too does the role of underwriters. At Legal & General, we understand that the underwriting profession has evolved far beyond traditional risk a

Teaser

Join us as we explore how the landscape of underwriting is changing and what it means for experienced professionals aiming to stay ahead in this evolving field.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

image of customer service rep on phone sitting at computer
Careers in Retail at Legal and General

Teaser

Customer Service & Sales

Content Type

Blog

Publish date

11/01/2024

Summary

What is a career in retail?  A career in retail at Legal & General offers a unique opportunity to shape brighter financial futures for millions of people.  Whether it’s through supporting retire

Teaser

A career in retail at Legal & General offers a unique opportunity to shape brighter financial futures for millions of people. Learn how.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

image of hafsah
Hafsah’s journey through L&G’s finance graduate scheme

Teaser

Future Talent

Content Type

Blog

Publish date

10/14/2024

Summary

At Legal & General, we’re passionate about nurturing talent and empowering the next generation of finance professionals.  We recently caught up with Hafsah, one of our Finance Graduate Programme

Teaser

We recently caught up with Hafsah, one of our Finance Graduate Programme participants, who just completed her first year with us.

Read more

by

Enrique Rodriguez

by

Enrique Rodriguez

View all

Job search

What we do?

There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions.

And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.

Click here to join us
Search for jobs