Assistant Vice President – Fund Accounting

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion. 

Summary: As part of the Fund Accounting Management team, reporting to the Vice President, the Assistant Vice President will be responsible for the ownership of the daily processing tasks within the Fund Accounting team.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Ensure all internal and external service levels and regulatory deadlines are met within the Fund Accounting team.
• Ensure deadlines are met by planning and scheduling effectively
• Work with team on the following items:
  • Liaising with Fund Accounting Support Services teams, Custodians, Investment Managers, Management Company and Depositary daily where issues arise with regards to the day-to-day running of the NAV Calculations
  • Liaise directly with the onboarding teams when dealing with fund changes/new clients or funds. Represent FA Team on onboarding operational calls
  • Assist with the day-to-day operations of the FA team
  • Assist audit queries from the Financial Reporting team
  • Assist in the hiring of new team members by liaising with HR representatives
  • Involvement in system implementation and enhancements to ensure tasks are completed as efficiently as possible
  • Client Relationship: an escalation point-of-contact for a group of Clients
  • To provide training for individuals and teams as required.
  • Develop your team to aid their career progression, allow for internal promotions and reduce key person risk.

• Driving Efficiencies and Process Change in conjunction with internal and external requirements

• Implementing improvements in the accounting process to ensure it is robust, controlled, and efficient.
• Working with colleagues across the Waystone Group, ensuring effective collaboration, communication, and development of solutions.
• Build and maintain excellent relationships with all key internal stakeholders.
• Assist with the design and implementation of internal operating procedures & controls, ensure on-going adherence to policies and co-ordinate with other internal teams to ensure deliverables are met.
• Actively question methods and processes with the key to making the team more effective and efficient.
• Foster positive team environment and ensure open communication.
• Identify instances of non-compliance and refer to the Operations Manager, Senior Managers, and the Compliance Department, and resolve them.
• Create and maintain effective working relationships with colleagues and assist other areas of the business as and when required.
• Maintain own professional competence.

REQUIREMENTS

• Ability to work to deadlines and to also be able to deal with high volume workloads.
• Attention to detail
• Team orientated approach
• An innovative outlook, with the ability to look for change and continuous improvement
• Time management, able to prioritize workloads

Desirable

• Previous experience in Accounting and Finance
• Experience of main Funding Account system - FIS Investment Accounting Manager (formerly InvestOne)

Education:

• A degree in Finance / Business or Accountancy
• Partly qualified ACA/ACCA or similar qualification desirable

Experience:

The ideal candidate will have at least five years of experience in fund accounting. Also required experience in various Fund Structures, Financial Instruments and strong on MS Office skills, for example excel and word.

Work timings: 9am to 5.30 pm