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Local Government Pension Fund Accountant

Morgan Law
Posted a day ago, valid for 21 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our Local Authority client is seeking a professional to assist the Investment Fund Manager with the Local Government Pension Scheme (LGPS) and Defined Contribution Schemes (DCS).
  • The role involves providing accurate financial advice, managing pension fund accounting, leading the closure of accounts, and advising on a pension fund investment portfolio valued at approximately £970 million.
  • Candidates should have experience with pension systems and handling member pensions, including transfers, death grants, and refunds.
  • Excellent communication skills and a proven track record in dealing with the LGPS or similar public sector pension schemes are essential.
  • The position offers a salary of £45,000 and requires a minimum of 3 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

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.