We’re looking for a Fund Accountant to join our Fund Operations team on a 15 month fixed-term contract in a hybrid role based in London.
Who we areRailpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.
Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.
To learn more about Railpen including our values, culture and purpose, visit our LinkedIn Life page here
The RoleThis role delivers accurate, timely fund accounting and financial reporting for Railpen’s Private Markets investment entities, supported by robust oversight of Operating Partners and Third Party Administrators. Responsibilities include performing the daily NAV review in line with relevant accounting standards and internal procedures, and ensuring the completeness, accuracy, and quality of data within the MSCI investment portfolio management system. This underpins high quality data for internal and external stakeholders and supports both the Investment and Fiduciary functions across Railpen.
This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.
The PersonThe successful candidate will be required to have a good understanding of private equity investment accounting. The candidate will bring technical expertise, particularly in private markets, and ideally have experience working within either a fund administrator or asset management environment. The ideal candidate will have a passion for financial reporting and have excellent Excel capability—including pivot tables, lookups and building data‑driven models—to support robust analysis and insight. A qualification in either ICAEW or ACCA would be a distinct advantage, however this isn’t essential.
We’re looking for a proactive self‑starter—highly motivated, organised, and able to flex priorities when business needs shift. As a Fund Accountant, you will have an analytical mindset and excellent communication skills to enable you to interpret complex data, constructively challenge and provide clarity to stakeholders. You will thrive in a collaborative culture, bring a sense of accountability, and look to actively embody our values. Through your approach, you help create a safe, inclusive environment and ensure our members’ best interests remain at the heart of everything you do.
Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members.
What we can offer youRewarding youA competitive salary
28 days annual leave, plus bank holidays
Defined Contribution pension
Employee assistance programme
Health cash plan
Eye care vouchers
Flu vaccination
Give as you earn scheme
Paid volunteering days
Please apply for the apply button or visit Careers at Railpen by 5pm on Monday 16th February 2026.
Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
Top Skills
What We Do
The Railways Pension Scheme is one of the UK’s largest and longest established pension funds. Railpen is responsible for the safekeeping and investment of around £34 billion on behalf of the scheme’s 350,000 members who are connected to the railway industry.
Railpen's purpose is to secure our members' future. To achieve this we invest the scheme’s assets to generate strong returns over the long term.
Our members and their employers trust us with this very significant responsibility. We are proud of this responsibility, take it very seriously, and are committed to, and passionate about, improving their future lives.
Generating the required returns is challenging. To be successful we must constantly strive to be considered a world-class asset owner by our stakeholders, with a proven track record of adding value for our members. This means we have to have excellent people, doing exemplary work, in every part of our business.
We use the size of our assets to invest wisely and influentially. Our convictions and a clear set of investment beliefs guide us through complex and changing markets. We’re not afraid to think innovatively or act boldly in the best interests of the members we are proud to serve
