Fund Accounting Oversight Specialist
M&G
Fund Accounting Oversight Specialist
M&G
Publicly traded savings and investments company
At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.
FundAccountingOversightSpecialist– Private Markets(UK)
Job Description
This role contributes to the oversight of NAV processes and fund financial reporting across M&G’s fund ranges. It supports the delivery of a centralised fundaccounting oversight model by helping ensure the accuracy and integrity of outputs produced by thirdparty administrators (TPAs). The role provides technical and accountingexpertise, strengthens governance across the fundlifecycleand supports regulatory and structural change. It also builds effective partnerships with TPAs and internal teams to uphold M&G’s risk and control framework across fund accounting, reporting, expenseoversightand ongoing charges.
Main Responsibilities
Deliver NAV oversight and fund financial reporting oversight activities.
Work closely with onshore and offshore partners, including Indiabased colleagues.
Carry out BAU oversight across complex technical areas within financial reporting, fundaccountingand NAV oversight.
Act as a subject matter expert for fundaccounting oversight, including Fund, Financial Reporting and Costs & Charges.
Perform error and risk validation, analyse control failures, support remediationactivityand contribute to Risk & Compliance investigations.
Providetechnical fundaccounting insights for fund launches, BAU integrations, mergers andinspecieevents.
Assess fund structures and TPAs, design and implement NAV checks and review fundrelated agreements and reconciliations.
Offer technical inputs into product viability assessments, regulatoryreportingand proofofconcept exercises.
Drive continuous improvement across processes,controlsand oversight.
Conduct technical investigations and provide expert input within technical forums.
Manage complex internal and external stakeholder queries.
Build andmaintainstrong relationships with TPAs and internal partners.
Support the shape and maintenance of the controlgovernance framework.
ProvideSME insights on fund structures and components across business areas and suppliers.
Key Knowledge,Skillsand Experience
Strong technical knowledge of fund regulations, risk and control frameworks, and accounting standards acrossjurisdictions.
Expertisein NAV components, fundpricingand 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,leveragedfinance, restructuring, real estate, privateassetsand money market funds.
Understanding of fund accounting regulations in Ireland,Luxembourgand the UK.
Expertisein 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,clientsand internal stakeholders.
Accounting qualification or equivalent technical background.
Essential Skills
Ability tooperateautonomously and with trusted judgement.
Strong analytical capability to investigate issues and support practical resolution.
Confidence in making informed and accountable decisions.
Clear and concise communication across technical andnon‑technicalaudiences.
Ability to build strong relationships and influence stakeholders effectively.
Focus on continuous improvement and strengthening of controls.
What we offer:
We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:
To explore more about life at M&G and our full benefits offering, visit Life at M&G
At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: [email protected]
M&G is a savings and investments company that manages money for individuals and institutions. It offers a range of investment products, including mutual funds, where many investors pool their money to buy a fixed mix of assets chosen by the fund manager. The funds are then managed to try to grow wealth and provide long-term returns, with investors’ money divided into shares or units based on the fund’s rules. M&G differentiates itself through its long history as an asset manager, its status as an independently listed company after the demerger from Prudential, and its focus on serving the UK and European markets with a broad lineup of funds and investment strategies. Its goal is to help people save and invest for the long term by providing access to professionally managed portfolios and investment options that suit different risk tolerances and goals.
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