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Local Government Pension Fund Accountant

Morgan Law
Posted 9 hours ago, valid for 22 days
Location

Ilford, Greater London IG1 2AH, England

Salary

£450 - £500 per day

Contract type

Full Time

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Sonic Summary

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  • Our Local Authority client is seeking a professional to support the Investment Fund Manager in managing the Local Government Pension Scheme (LGPS) and Defined Contribution Schemes (DCS).
  • The successful candidate will ensure senior managers receive accurate financial advice regarding pension fund accounting and investment decisions.
  • Key responsibilities include accounting for the Pension Fund, leading the closure of accounts process, and advising on the Council's pension fund investment portfolio valued at approximately £970 million.
  • Candidates should have experience with pensions systems and a proven track record in dealing with the LGPS or similar public sector pension schemes.
  • A salary of £50,000 is offered for this role, and candidates should ideally have at least three years of relevant experience.

Our Local Authority client are actively looking for a professional to help support the Investment Fund Manager in managing the Local Government Pension Scheme (LGPS) and the Council's subsidiary companies Defined Contribution Schemes (DCS).

The role duties will see the successful candidate:

  • Ensure that senior managers and members receive correct and consistent financial advice in relation to pension fund accounting and investment decisions, financial frameworks, policies and legislation.
  • Undertake all accounting for the Pension Fund including monthly reconciliations of the pension fund cash book and custodian reports.
  • Lead on the closure of accounts process for the Pension Fund, including the timely completion of auditor's requests and query resolution
  • Act as the lead on all pension fund related activities.
  • Advise on the Council's pension fund investment portfolio (approximate value 970m).
  • Support the administration of the Council's LGPS.

The background of the successful candidate will ideally have the following traits:

  • Experience of pensions systems
  • Experience of completing member pensions, transfer values, death grants, lumps sums and refunds
  • Excellent communications skills
  • Proven track record dealing with the Local Government Pension Scheme (LGPS) or similar public sector pension scheme

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