Job Description

Job Purpose - Full CCAB accountancy qualification

To provide a broad range of complex corporate accounting services to the pension fund including statutory closure of accounts and the production of reports to the pension committee and government returns.

To contribute to the overall operation of the Pension Fund including representing the Fund at meetings with other Pension Funds

* Lead on the planning, co-ordination and production of the year-end closure of accounts process for the pension fund and monitoring and outturn information. Ensuring compliance with relevant statutory and council reporting requirements.

* Act as primary contact for the external auditors over the fund statement of accounts and ensure compliance with CIPFA standards. Lead on financial information to the Pension Committee and Pension Board and regularly attend these formal meetings to explain financial and other reports.

* Jointly with the Strategic Manager: Pensions examine and implement accounting changes arising from pension investment pooling, via the ACCESS pool of LGPS funds, including attendance at the Officer Working Group or similar meetings covering implementation of pooling and financial reporting matters.

* Maintain the council’s ledger system in respect of the pension fund and utilise financial reports from Investment Managers and others on Investment performance and asset values to prepare financial monitoring information including that presented at the Pension Committee.

* To be the primary contact point with the Pensions Administration Team, ensuring all financial information is provided and received on a timely basis as needed, to ensure the accounts are accurate and that the financial aspects of the Pension Regulators Code of Practice is adhered to.

* To work with the Strategic Manager: Pensions and the Pensions Admin team on all aspects of work relating to Employers within the Pension Fund, including ensuring accurate and timely contributions, and admissions to the fund are managed via formal agreement and any employer exit is managed in consultation with the Fund Actuary.

* As delegated by the Strategic Manager: Pensions lead on aspects off the annual workplan for the Pension Fund including planning and management of the Fund’s budget for any costs and expenses anticipated over the year.

* To liaise with the Treasury Management team to manage pension fund cashflows, both on a day-to day and longer term planning basis.

* Horizon scan to identify and interpret new legislation which is likely to impact on the finances of the pension fund, develop accounting solutions, policies and procedures then communicate effectively the implications influencing financial working practices and reporting