Average Fund Accountant salary in Glasgow

Due to an enhanced period of growth, Meraki Talent are seeking an experienced Fund Accountant for a newly created position within the heart of Glasgow’s Financial Services district. As a Fund Accountant, you will be responsible for maintaining accurate financial records for investment and hedge funds, ensuring compliance with regulatory requirements, and providing timely reporting to stakeholders. You will play a crucial role in the financial operations of the fund, including calculating net asset values (NAVs), reconciling transactions, and preparing financial statements. This position requires attention to detail, analytical skills, and a solid understanding of accounting principles and financial markets.Responsibilities:Net Asset Value Calculation: Calculate daily, weekly, or monthly net asset values (NAVs) for investment funds.Reconcile cash, positions, and market values to ensure accuracy in NAV calculations.Investigate and resolve any discrepancies in NAV calculations. Financial Reporting: Prepare financial statements, including income statements, balance sheets, and cash flow statements, in accordance with regulatory standards and fund requirements.Generate performance reports and other ad-hoc financial reports for internal and external stakeholders.Ensure timely and accurate delivery of financial reports to clients and regulatory authorities. Reconciliation and Control: Conduct daily reconciliations of investment transactions, cash movements, and positions.Investigate and resolve discrepancies between accounting records and external sources, such as brokers and custodians.Implement controls to mitigate operational risks and ensure compliance with regulatory requirements. Audit Support: Assist auditors in the annual audit process by providing documentation, explanations, and support as needed.Respond to audit queries and address any findings or recommendations for improvement. Regulatory Compliance: Stay informed about regulatory changes impacting fund accounting and reporting.Ensure compliance with applicable accounting standards (e.g., GAAP, IFRS) and regulatory requirements (e.g., SEC, IRS). Process Improvement: Identify opportunities to streamline and improve fund accounting processes.Implement automation and efficiency enhancements to increase accuracy and reduce manual effort.Participate in projects aimed at enhancing systems and technology infrastructure for fund accounting. Qualifications: Bachelor’s degree in Accounting & FinanceIdeally ACCA QualifiedPrevious experience in fund accounting, preferably within the asset management or investment industry.Strong understanding of accounting principles and financial instruments (e.g., equities, fixed income, derivatives).Proficiency in accounting software and financial reporting toolsExcellent analytical skills with attention to detail and accuracy.Ability to prioritize tasks and work effectively in a fast-paced environment with tight deadlines.Strong communication and interpersonal skills, with the ability to collaborate effectively with team members and stakeholders. This is an excellent opportunity to join a progressive firm, who are highly regarded within the Glasgow market.  As well as a hybrid approach to working, our client are offering excellent salary and benefits, as well as an excellent workplace experience.Apply NowIs this job for you?  At Meraki, we love recruitment and love words. Is this you?Jennifer wants: Fund Accountant, Fund Accounting, NAV, Reporting, IFRS'By submitting your information, you confirm you have read and understood our Privacy Notice which outlines how we use information we collect about you.”Please see our website page headed ‘Privacy Notice’ for an explanation about how we use information we collect about you’

Meraki Talent are proud to be working with a leading Financial Services firm who are investing in the local Glasgow market within an exciting new proposition.  This is an exciting time to join a new function, based in Glasgow to service new and existing private capital clients within a Fund Accounting capacity.  Duties will involve; Providing fund valuation and accountancy duties to private capital fundsEnsuring the regulatory and legal aspects are compliantBuilding lasting relationships with clients and meeting set SLAsPreparing and analysing financial statementsPreparing monthly reconciliations, and assist with cash reconciliations and fund management.Preparing for and attending client audit meetingsDevelop relationships with auditors for discussions on year end processes   Applicants should have come from a Fund Accounting background with a working knowledge of different fund structures, ideally within Private Capital.  Additionally, applicants must have an excellent working knowledge of US GAPP / UK GAPP and IRFS.  This is an exciting time to join an expanding function; with the complexity of clients changing all the time, it is imperative applicants can multitask and prioritise a demanding client need.   This is a permanent opportunity offering a supportive working environment, hybrid working, fantastic salary and additional flexible benefits.  Apply Now  Is this job for you?  At Meraki, we love recruitment and love words. Is this you?Jennifer wants: Fund Accounting, Valuations, Private Capital, Private Equity, Audit'By submitting your information, you confirm you have read and understood our Privacy Notice which outlines how we use information we collect about you.”Please see our website page headed ‘Privacy Notice’ for an explanation about how we use information we collect about you’

Meraki Talent are working with a global investment bank who are looking for an experienced Fund Administration to join an expanding function in Glasgow.  You will be responsible for all aspects of fund administration for a number of funds.  Key duties will include;   Liaising with the Investor Relation team, answering queriesSharing fund distribution notices to investorsReviewing paymentsUpdating static dataUpdating FX logsPreparation of board packsFollowing regulatory guidelines   This is an exciting opportunity to join a business in a sustained period of growth.  Applicants should have come from a Fund Administration background with an understanding of fund structures and fund cash flows.  Previous private capital exposure would be beneficial, however not necessary.  Additionally, applicants should possess strong administration skills, with the ability to work collaboratively as part of a wider team.  This is a permanent role, offering an attractive salary and enhanced benefits.  Hybrid working.  Apply NowIs this job for you?  At Meraki, we love recruitment and love words. Is this you?Jennifer wants: Fund Administration, Funds, Cash, Static Data, Investments'By submitting your information, you confirm you have read and understood our Privacy Notice which outlines how we use information we collect about you.”Please see our website page headed ‘Privacy Notice’ for an explanation about how we use information we collect about you’