Assistant Manager


Posted: 09/06/2017


An opportunity to run and maange your own team in one of the worlds leading retail bank. You will have a highly qualified team beneath you which has a strong reputation within the market. A permanent position with excellent scope for growth and career progression.

Department purpose / objectives

The department is comprised of a number of different functions responsible for NAV production, monthly OEFA oversight controls and statutory and financial statements reporting services for UK Open Ended Investment Companies, Unit Trusts and UK administered SICAV's and Dublin funds.

Purpose of the position:

To manage the production cycle of a team of approximately 7 to 10 staff members within Open Ended Fund Accounting Client Service Delivery, ensuring client commitments are met.

Key Responsibilities:

Operational Excellence

  • To meet client KPI's and service delivery commitments
  • To plan, co-ordinate and manage the day to day client service delivery in accordance with agreed service level agreements, stated key performance indicators and regulatory requirements
  • To take ownership for review and sign-off of team deliverables including:
    • Daily Net Asset Value (NAV) calculations
    • Year end and interim financial statements
    • Distribution calculations
    • Monthly trustee / control packs
    • Management service charge calculations
    • Yield calculations
    • Total expense ratios
    • ONS Returns
  • Manage any ad-hoc projects as agreed with your Manager
  • Assist manager in ensuring client and internal change is implemented with no detrimental impact to client service delivery
  • Act as delegate to Manager during period of absence

Risk and Control

  • Work with Manager to continually assess team processes to improve efficiency, control and to reduce risk
  • Completion of timely and accurate error reporting and implementation of preventative actions
  • Ensure all significant activities are documented within procedures, kept up-to-date and recorded on the procedure database
  • Ownership of team skills matrix and training requirements
  • Assist manager in team recruitment
  • Embed procedural knowledge within the team
  • Ensure all checklists clearly document controls, kept up-to-date and standardised across the department where possible
  • Ensure such controls are adhered to by the team
  • Timely escalation of issues to Manager
  • Corrective and preventative action if deadlines / quality standards are at risk
  • Provision of timely service delivery management information
  • Demonstrate efficiency improvement and report monthly on these to Manager
  • Maintaining training and continuing competency (T&C) for self and assist the manager in the review and sign-off for other applicable team members

People Management

  • Responsibility for line management of up to 5 team members (at Fund Accountant & Senior Fund Accountant level).
  • Conducting 1:1s.
  • Performance Management via the appraisal process utilising Personal Development Plans and Skills Matrix.

Key internal stakeholders:

  • Middle Office teams
  • pControl project teams
  • Operational Control teams (internal audit & risk/control)
  • Tax teams
  • Financial statement production teams
  • Oversight & Control

Key external key stakeholders:

  • Clients
  • External Audit teams
  • Trustees

Competencies required for the role:


  • Excellent planning and organisation skills
  • Excellent communication and interpersonal skills
  • Mentoring and coaching skills
  • Delegation skills
  • Solid numerical skills and accounting knowledge
  • Good problem solving skills
  • Time management skills
  • Computer literacy including spreadsheet skills
  • Being responsible, reliable and accountable


  • Mix of Fund Accounting and NAV experience
  • pControl experience or previous exposure
  • Professional accounting qualification
McGregor Boyall is an equal opportunity employer and do not discriminate based on race, religion, gender, age, sexuality, gender identification, or physical ability.