Job Description

The Front Office Services Accounting team is responsible for supporting the investment accounting function within the OMS platform, ensuring accurate book of record to support valuations, performance and financial reporting across portfolios.

This role sits between operations, performance, and technology, often acting as a key SME for Order Management System (OMS) Accounting.

Accounting

• Responsible for OMS accounting, ensuring all deliverables met

• Responsible for Quality Control (QC) review and resolution ensuring funds can be published in a timely manner

• Production of metrics on agreed frequencies

• Work with vendor to enhance logic and reduce breaks / QCs where appropriate

• Collaborate with cross-functional teams to enhance service offerings and drive innovation in accounting practices.

• Agree and implement SLDs in conjunction with Client, Performance and Reporting teams

• Understand the month end close cycle for each fund/group and the inter-dependencies that could impact Performance and Attribution

• Work on process improvements and ensure solutions are in place to remediate issues at the root cause

• Drive process improvements and innovations by leveraging analytical skills to enhance operational efficiency

• Publish metrics on agreed frequencies and hold regular calls to review

Reconciliations

• Responsible for OMS reconciliations, ensuring all deliverables met

• Responsible for daily reconciliations of cash and stock to custodians and Middle Office

• Work with Cash Team on production of safe cash figure for Portfolio Managers

• Work with Middle Office teams to track claims in respect of failed trades / failed income

• Oversee tax reclaims and closing of receivables upon payment

• Track aged items and perform root cause analysis

• Exercises own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions

• Drive process improvements and innovations by leveraging analytical skills to enhance operational efficiency

Stakeholder Management

• Partner with:
  • Client Front Office (Oversight team / Portfolio Managers)
  • Front Office Operations
  • Middle Office
  • Performance
  • Reporting
  • External vendors
• Provide insight on:
  • P&L drivers
  • Accounting impacts on performance
• Provide strategic insights and recommendations to senior management to support decision-making.

Key Responsibilities

• Maintain accurate positions, cash, and book cost within client’s OMS
• Ensure correct treatment of:
  • Bonds (incl. accruals, amortisation)
  • Equities
  • Derivatives (swaps, FX, futures)
• Monitor daily, monthly and quarterly quality control and accounting publication
• Responsible for resolution of any issues which materialise and ensure timely closure in alignment with Service Level Agreements
• Own resolution of:
  • Cash and position breaks
  • Pricing discrepancies
• Exercise own judgement and collaborates with multiple internal and external stakeholders to resolve reconciliations of accounts for complex or atypical transactions
• Review data and assist in resolving escalated problems that may arise during the normal daily, weekly or monthly accounting and reporting.
• Escalate and manage material issues impacting P&L/NAV
• Ensure strong control framework and QC sign-offs
• Work closely with Data Management and Pricing teams to ensure all data and pricing captured timely and accurately
• Drive resolution of any discrepancies

Required Skills & Experience

• Strong experience in:
  • Investment accounting (multi-asset)
  • OMS Accounting (eg Aladdin or Bloomberg IBOR platforms)
• Proven track record of delivery
• Strong understanding of:
  • Data architecture
  • Controls & governance
  • NAV lifecycle
  • Strong analytical and problem-solving capability

Solid understanding of:

Fixed income & derivatives

Soft Skills

• Excellent analytical and problem-solving abilities.
• Ability to investigate complex breaks
• Comfortable dealing with front office queries
• Effective communication and interpersonal skills.