Responsibilities

• Assisting with, and performance of, quarterly (and occasional ad hoc) valuations of illiquid fixed income and equity asset investments
• Drafting of valuation reports in line with regular valuation timetable
• Formulating robust and defensible valuation opinions
• Preliminary review and analysis of business plans and cash flow models
• Development and update of valuation models
• Collation of underlying financial data from investment managers, providing relevant challenge where necessary
• Building a thorough commercial understanding of the scheme's illiquid equity and debt investments
• Assistance with the intra-quarter valuation roll-forward process
• Assistance in the performance of valuation due diligence reviews
• Communication of key judgements and conclusions to investment accounting function
• Documentation (and where appropriate enhancement) of procedures and controls
• Assistance with the preparation of committee reports
• Performance of key administrative duties for the Investment Valuations function
• Interacting and liaising with financial control and operations functions for certain key processes and ad hoc queries (cut-offs, SPV accounting etc.)
• Working with the asset management (Private Markets) teams to gain an understanding of assets and key developments, and collating relevant management information
• Assisting with the performance of various items of project work
• Assisting external valuation advisers with the performance of the external valuation process
• Assisting external auditors in the financial audit process
• Assisting with the delivery of occasional project work for the wider Finance function

Technical Competencies, Skills and Experience

Essential

• Prior experience of performing business or equity investment valuations as the primary function of a previous or existing role
• Professionally Qualified Accountant (ACA, ACCA, CIMA or equivalent), or other relevant financial qualification with significant exposure to investment appraisal techniques (e.g. CFA)
• Strong interpersonal and relationship building skills
• Excellent level of Excel skills
• Experience of dealing with external clients or influencing at senior level within an organisation

Desirable

• Previous experience of working within investment management, infrastructure or pensions industries in a finance or analyst role
• Prior experience of performing fixed income / bond valuations in a previous or existing role
• Prior financial modelling experience, working with integrated forecast models for large businesses
• Prior experience of performing financial due diligence assignments