Fund Accountant (Kingswood, Surrey) recruitment

Fidelity and its subsidiaries employ over 5,400 people in 23 countries managing US$255.9 billion worldwide.

Fidelity’s investment style relies on fundamental research of companies and a strict bottom-up portfolio construction discipline. This means Fidelity’s analysts and portfolio managers look closely at a company’s balance sheet and future plans; meet regularly with and question its management; and then speak to its competitors, suppliers, customers and anyone else who might give them information that helps to assess whether the investment is a good one. Every investment in every portfolio is selected on its merit and ability to contribute to a better return.

The same can be said of its employees, who are encouraged to take intelligent risk in order to make small improvements that cumulatively improve the business. Fidelity is independent, not a subsidiary of a big bank or other institution, and is privately owned. This means that it can take long-term investment decisions rather than chase the next quarterly results as a listed company might. Fidelity believes its independence is a considerable advantage that benefits its customers. 

As well as investment management, Fidelity distributes the funds of other managers through its FundsNetworkTM platform, administers pension schemes, and has interests in various other enterprises in Europe and Asia. For further information please visit www.fidelityrecruitment.com

Why would you choose to join Investment Administration?

“The operational backbone of Fidelity Worldwide Investment” – Servicing the needs of our customers, such as Trading and Portfolio Management, and maintaining close relationships with external Auditors and Custodians on a daily basis.  Always acting in the best interest of our investors, and, in so doing, create wealth for our investors and opportunities and rewards for our employees

“The Team” – Around 200 people strong spread across various teams in the UK, Luxembourg and Hong Kong. This combination means there is an exciting array of skills and nationalities across all levels, making everyday work interesting and rewarding.

“The Challenges” – Responsible for processing corporate actions, pricing securities, settling trades, publishing holdings and maintaining static data for all Fidelity Worldwide Investment funds; alongside fund accounting and reconciliation of all pooled funds in the UK and Luxembourg. We process 180 corporate actions a month, as well as pricing 10,500 securities and settling 3,500 trades a day. In addition, the department calculates the Net Asset Values for funds worth in excess of $200 billion every day; all of this creates a fast paced and ever changing environment.

 “The Spirit” – A busy, friendly and supportive working environment is the foundation of all success and growth. This is exactly what you will find within IA. Sound values are woven into the very fabric of our organisation, hence the long term customer trust, success and stability of the company.

“The Opportunities” – We can offer plenty of opportunity and career growth within each of our departments. For example we introduced a concept called “iAcademy”, unique to FIL, where you work with colleagues across all departments within IA in cross-functional training and knowledge transfer.

Purpose of your role

The prime objective of the role is the preparation of annual and interim financial statements for a wide range of funds to include OEICS, unit trusts, unauthorised unit trusts and investment trusts. The jobholder will work in a team with other fund accountants and will have responsibility for specific funds.

Your key accountabilities

Your skills and experience

Essential skills

• Team player with a flexible attitude, able to prioritise, work under pressure and to tight deadlines

• Good organisational skills, a self starter who is able to take ownership of work and issues

• A good communicator at all levels

• Good analytical skills, accurate and numerate

Desirable skills

• Part Qualified Accountant or qualified by experience

• Good understanding of the IMA SORP

• Knowledge of InvestOne Enterprise system

• Ability to work with complex Excel spreadsheets

Key Competencies for the role

• Communicate with impact: Effectiveness Clarity

• Delivers results: Takes ownership for delivery, Accuracy

• Planning and Organisation: Prioritisation time management

• Problem Analysis

• Stakeholder/Customer Management

Fidelity Values

Act with integrity

Make it happen

Think like an entrepreneur

Earn the client’s trust