Cash Accounting Manager
- Role Type
- Closing Date
- Company Info
LGIM is the investment management arm of Legal & General Group, a FTSE 100 company. We are one of Europe’s largest asset managers and a major global investor, with assets under management of £983.3bn* (as at 31 December 2017). Our success has been built by focusing on clients and providing them with services and solutions that meet their needs. We offer strategies across the full spectrum of asset classes, including equities, bonds, property, alternatives and cash, as well as multi-asset strategies tailored to the needs of institutional and retail investors.
LGIM is one of the world’s leading providers of index fund management. We are at the forefront of developments in liability-driven risk management solutions for defined benefit pension schemes, a leading provider of defined contribution solutions and also offer wide range of strategies to help our clients manage their investment objectives. LGIM continues to innovate as markets evolve, building strong relationships with clients including pension scheme, sovereign wealth funds, wealth managers and other professional investors.
We understand that our scale brings responsibilities. We play an active role in the companies we invest in, from exercising shareholder voting rights to directly engaging with companies at a board level. By engaging with businesses, we aim to unlock value for investors and shape the future and sustainability of financial markets.
In addition to having a leading position in the UK, we have selectively expanded into new markets across Europe, the Middle East, Asia and the US. We believe that translating our capabilities to reflect the needs of our international clients will mean we are well placed to help them achieve their objectives.
*LGIM internal data as at 31 December 2017, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.
- Department Info
LGIM manages fixed income, equity, multi-asset, liability-driven investment, property and alternative solutions on behalf of its clients. Located across the globe, our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. In order to meet the complex and evolving investment needs of our clients, we focus on remaining at the forefront of investment product innovation and maintaining our reputation as experts across all asset classes.
The primary function of the PMC Cash Accounting Team is to support LGIM’s Investment Management activities by reconciling PMC cash records per the Company accounting system to bank records highlighting any discrepancies for investigation and resolution, and manage PMC cash exposure on a daily basis.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.
- Job Duties
Proactively manage the PMC Cash Accounting Team.
Implement department strategy as necessary through staff.
Ensure team structure supports the service provision and workflow is organised appropriately.
Identify processes and service enhancements, or potential risks, to ensure the client service provided is of the highest standard and remains fully compliant.
Manage the resolution of complex outstanding items, business issues and rectify anomalies to ensure high-level of customer service.
Undertake quality assurance of work to ensure errors are minimised.
Represent the team, department in a professional, collaborative, and commercially aware manner, developing good working relationships with all internal and external parties.
Ensure the system infrastructure is robust, trusted and supports the longer term department strategies and enables efficient operational service delivery in compliance with all internal and regulatory requirements.
Maintain detailed knowledge of platform operation processes and system.
Continuous review of team procedures, policies, systems and issues. Recommend changes to procedures and implement, ensuring that they are scalable, repeatable and efficient. Participate in department wide reviews of procedures where appropriate.
Work collaboratively with manager/staff fostering credibility and influence towards developing a reputation of operational excellence across the firm.
Work collaboratively with peers to share best practise and create awareness of issues throughout the department.
Ensure superlative service levels are maintained to both internal and external parties.
Produce insightful and meaningful MI reporting to management highlighting trends, analysis, errors.
Recruit, manage, develop and engage team members seeking continuous improvement in both quality standards and productivity.
Ensure team proficiency through pro-active performance management. Proactively identify training and development needs of staff which provide a focus for delivery in line with department objectives and Ops strategy.
Maintain technical capability for job, keeping abreast of market and industry developments.
Robust management and implementation of projects/initiatives.
Challenge established methods, explore and promote new ideas or ways of working with the buy in and enthusiasm from team.
- Skills Required
Strong technical investment process knowledge/experience relevant to role.
Proven experience of managing a team, equivalent to like functions.
Demonstrable people management skills, experience of delivering change.
Constantly challenge established methods and to look at promoting new ideas with the buy in and enthusiasm from your team.
Proven track record of dealing with and influencing upwards to more senior managers.
Collaborative and personalised approach to service commitment, delivery and continuous improvement.
Confident liaising across, Front Office and Investment Operations environments.
Evidence of effective working relationships with internal and external stakeholders.
Flexible, adaptable and able to multi-task in a fast paced and changeable environment.
Ability to grasp issues, find creative and innovative solutions to problems.
Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget.
Ability to successfully debate and subsequently influence internally & externally
Strong communication skills both verbally and written, with an ability to articulate issues clearly and logically.
Strong analytical and written skills.
Developed presentation skills.
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 27 days' holiday,private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.