Company Description
Applications close 8th April 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.
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.
We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.
At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.
Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?
Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.
We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.
We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.
We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.
So whoever you are, wherever you are, whatever your story, we'd love to hear from you.
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