M&G UK | Fund Accounting Oversight Specialist – Private Markets (UK)

Main responsibilities

• This role contributes to the oversight of NAV processes and fund financial reporting across M&G’s fund ranges.
• The role provides technical and accounting expertise, strengthens governance across the fund lifecycle and supports regulatory and structural change.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
• If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
• All candidates have the opportunity to request reasonable adjustments when applying.
• Deliver NAV oversight and fund financial reporting oversight activities.
• Work closely with onshore and offshore partners, including India based colleagues.
• Act as a subject matter expert for fund accounting oversight, including Fund, Financial Reporting and Costs & Charges.
• Perform error and risk validation, analyse control failures, support remediation activity and contribute to Risk & Compliance investigations.
• Provide technical fund accounting insights for fund launches, BAU integrations, mergers and inspecie events.
• Assess fund structures and TPAs, design and implement NAV checks and review fund related agreements and reconciliations.
• Drive continuous improvement across processes, controls and oversight.
• Conduct technical investigations and provide expert input within technical forums.
• Manage complex internal and external stakeholder queries.
• Build and maintain strong relationships with TPAs and internal partners.
• Support the shape and maintenance of the control governance framework.
• Provide SME insights on fund structures and components across business areas and suppliers.

Requirements

• Strong technical knowledge of fund regulations, risk and control frameworks, and accounting standards across jurisdictions.
• Expertise in NAV components, fund pricing and the workings of investment funds.
• Deep product knowledge across a wide range of fund structures including Section 110, LP/GP, FCP, RAIF, ICAV, QIF, ELTIF and LTAFs.
• Technical knowledge across UCITS (UK and Luxembourg), private debt, alternative credit, leveraged finance, restructuring, real estate, private assets and money market funds.
• Understanding of fund accounting regulations in Ireland, Luxembourg and the UK.
• Expertise in complex assets and valuation methodologies (private equity, private debt, derivatives, fixed income).
• Strong controls and governance mindset with the ability to distil complex issues and make clear decisions.
• Ability to communicate complex topics clearly to boards, auditors, clients and internal stakeholders.
• Accounting qualification or equivalent technical background.
• Ability to operate autonomously and with trusted judgement.
• Strong analytical capability to investigate issues and support practical resolution.
• Ability to build strong relationships and influence stakeholders effectively.

M&G UK

M&G UK is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "Feel confident in your long-term financial future with M&G."

Its finance, accounts, audit and tax openings in India are mostly in London, Edinburgh, Stirling and Fenchurch Avenue.

• Industry: BFSI / Investments / Insurance