Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Description of role and key responsibilities    

This recently opened position sits in the private equity accounting team within group finance, which is responsible for the accounting, financial control and reporting around the bank's private equity and fund investments in the UK, Australia and Hong Kong. The role offers exposure to senior levels of management and will involve interacting directly with desk heads to develop an in depth understanding of the investments, working on valuations, and reporting results to a wide range of internal and external stakeholders - including external auditors, regulatory capital, tax and other finance teams.

This role will typically include:

•    Ensuring the integrity of the general ledger on a monthly basis, including posting journals and performing key reconciliations
•    Working on and developing budget and forecast models for the business, and presenting these to different stakeholders.
•    Performing valuations of investments, and preparing and reviewing valuation models, including NPV, PE multiples and fund NAVs. 
•    Reviewing various investment and legal documentation to ensure the correct accounting treatment is being applied to different investments.
•    Periodic reporting to satisfy the needs of various internal and external stakeholders, including: daily flash reporting, monthly MI and audit packs.
•    Reviewing the interface between the general ledger, Investec source systems and various reporting platforms  
•    Monitoring FX exposures and funding levels with central treasury.
•    Preparing annual statutory accounts and working with external auditors
•    Working on various change projects and responding to ad hoc queries,
•    Supporting the accounting function of the US businesses.
•    Preparing transactions and accounts for investment properties.

Core skills and knowledge    

Technical knowledge/ education

•    Qualified accountant with several years PQE experience
•    Experience in financial services, particularly with private equity and principal investments, desirable.

Skills 
•    Excellent communication skills, both written and verbal
•    Personable and confident manner, including ability to interact with desk heads and senior management.
•    Familiarity with JDE and Essbase would be beneficial 
•    Good understanding of IFRS
•    Good excel working knowledge
•    Team player
•    Can-do approach
•    Systematic approach in analysing and solving problems with good attention to detail
•    Self motivated, enthusiastic and able to work without close supervision
•    Willing to work in a dynamic environment

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme 

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

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If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.