Investments Accountant (Financial Services)

Position Overview

Our client is seeking to recruit an experienced Investment Accountant to support the accounting, reporting, and reconciliation of the Company's investment portfolio. The successful candidate will be responsible for maintaining the integrity of investment accounting records, ensuring compliance with IFRS and regulatory requirements, and providing accurate financial information to support management reporting, audits, and investment decision-making.

Duties & Responsibilities:

Investment Accounting:

• Record and maintain all investment-related accounting transactions, including purchases, disposals, maturities, investment income, accruals, amortization, and fair value adjustments.
  
• Maintain detailed investment sub-ledgers and ensure accurate and timely posting to the general ledger.
  
• Ensure investment accounting is performed in accordance with IFRS and applicable regulatory requirements.
  

Reconciliations & Financial Controls:

• Perform monthly reconciliations between investment sub-ledgers and the general ledger.
  
• Reconcile investment cash accounts, custodian statements, and other control accounts.
  
• Prepare and maintain supporting schedules for investment balances, investment income, accrued income, receivables, fair value adjustments, and cash movements.
  
• Investigate and resolve reconciling items promptly while maintaining appropriate supporting documentation.
  
• Assist in maintaining strong internal controls over investment accounting processes.
  

Financial Reporting & Audit Support:

• Prepare audit schedules and supporting documentation for internal and external audits.
  
• Respond to audit and regulatory queries relating to investment accounting.
  
• Support the preparation of statutory financial statements, regulatory returns, and investment-related disclosures.
  
• Provide accurate investment accounting information for monthly and year-end financial reporting.
  

Management Reporting:

• Prepare investment reports and reconciled balances to support management decision-making.
  
• Work closely with the Investment Manager and Finance team to ensure accounting records accurately reflect investment activity.
  
• Assist with ad hoc reporting and analysis relating to investment performance, balances, and cash flows.
  

Budgeting & Forecasting Support:

• Provide investment income data and cash flow information to support budgeting and forecasting activities.
  
• Assist in analysing variances between actual results, budgets, and forecasts.
  
• Support financial planning through accurate reporting of investment income and expected cash movements.
  

Process Improvement:

• Identify opportunities to improve investment accounting processes, reconciliations, and reporting efficiencies.
  
• Assist with automation initiatives and process documentation.
  
• Maintain up-to-date accounting procedures relating to investment activities.
  

• Bachelor's degree in Accounting, Finance, Economics, Banking, or a related discipline.
  
• Progress toward a professional accounting qualification such as ACCA, CPA, or CMA is preferred.
  
• Minimum of 4 years' accounting or finance experience.
  
• Experience in investment accounting, financial services, insurance, or a related industry would be an advantage.
  
• Sound knowledge of International Financial Reporting Standards (IFRS).
  
• Experience with Sage 300 ERP or similar accounting systems is preferred.
  
• Knowledge of SQL, reporting tools, or financial systems would be an asset.
  
• Strong proficiency in Microsoft Excel, including formulas, data analysis, and financial reporting.
  

Key Competencies:

• Strong analytical and financial reporting skills.
  
• Excellent attention to detail and commitment to accuracy.
  
• Sound understanding of investment accounting principles and financial reconciliations.
  
• Excellent written and verbal communication skills.
  
• High level of integrity, professionalism, and confidentiality.
  
• Sound judgment, problem-solving ability, and a proactive approach to continuous improvement.