Fund Finance & Control Senior Analyst

Posted 2 Hours Ago
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London, England, GBR
Hybrid
Senior level
Insurance • Financial Services
The Role
Reviews and challenges outsourced financial information for Real Estate and Private Markets entities. Responsibilities include financial control, reconciliations, technical accounting judgments, financial statement review, going-concern assessments, audit support, issue escalation, and improving control frameworks and accounting processes.
Summary Generated by Built In
Company Description

Legal & General (L&G) is a leading UK financial services group and major global investor. 

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. 

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. 

Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. 

Who we are 

We are one of Europe’s largest asset managers and a major global investor across public and private markets.

Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.  

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. 

Job Description

We are looking for a qualified accountant to join our Asset Management business within Private Markets and Real Assets. This is an opportunity to play an important role in maintaining strong financial control, governance and accounting oversight across Real Estate and Private Markets entities.

You will review and challenge financial information prepared by third-party service providers, helping to ensure it is accurate, complete, compliant and ready for audit. Working collaboratively across Fund Finance, Control and Oversight teams, you will apply your technical accounting expertise while contributing to a transparent, well-controlled and continuously improving environment.

What you’ll be doing:

  • Providing independent financial control and reviewing financial information prepared by third-party administrators
  • Reviewing period-end outputs, balance sheet reconciliations and supporting evidence to ensure accuracy and completeness
  • Applying technical accounting judgement to routine and non-routine transactions, including valuations, accruals, impairments and structural events
  • Challenging accounting treatments, inconsistencies and control weaknesses constructively and documenting clear conclusions
  • Reviewing draft and final financial statements against underlying records, judgements and agreed accounting treatments
  • Preparing initial going concern assessments and supporting external audit requirements
  • Identifying recurring issues and formally handing over findings, evidence and risk impacts to the Oversight team
  • Contributing to improvements in control frameworks, review checklists, accounting processes and evidence standards

Who we’re looking for:

  • A newly qualified accountant with a strong foundation in technical accounting and financial control
  • A sound understanding of accounting principles, balance sheets and reconciliations
  • Experience supporting external audits in a preparer or reviewer capacity
  • Real Estate or Real Assets experience, including exposure to property structures or funds
  • An audit background, ideally gained within a Big Four or equivalent environment, or comparable audit training followed by a move into industry
  • Experience reviewing, overseeing or constructively challenging outsourced accounting providers
  • Clear and professional communication skills, with confidence working with service providers, auditors and internal stakeholders
  • A methodical, solutions-focused approach, with strong attention to detail and the ability to work independently and take ownership
     

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
 

  • The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Healthcare Plan (permanent employees only)
  • At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
  • There are many discounts we offer – both for our own products and at a range of high street stores and online
  • We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

    #LI-AM2

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. 

Skills Required

  • Newly qualified accountant
  • Strong foundation in technical accounting and financial control
  • Understanding of accounting principles, balance sheets, and reconciliations
  • Experience supporting external audits as a preparer or reviewer
  • Real Estate or Real Assets experience, including exposure to property structures or funds
  • Audit background from a Big Four or equivalent environment, or comparable audit training followed by industry experience
  • Experience reviewing, overseeing, or challenging outsourced accounting providers
  • Clear and professional communication skills
  • Ability to work independently, take ownership, and maintain strong attention to detail
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The Company
HQ: London
8,417 Employees

What We Do

Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society. As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%. As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.

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