Job Description

Company information

Valu-Trac was established in 1985. It provides accounting and administrative services to the UK fund industry for over 130 funds and has assets under administration of over 17 billion as at March 2025.



As part of its role as ACD, Valu-Trac provide accounting and administrative services for funds supported by the Fund Operations team.



The Fund Operations team are responsible for the pricing of funds and supporting shareholders through transfer agency activities.

The role

The Assistant Fund Financial Reporting Manager will report to the Fund Financial Reporting Manager as part of the Fund Operations team. The Assistant Fund Financial Reporting Manager will be primarily responsible for the delivery of fund financial reporting and for all funds.


This is a Fixed Term Contract position until December 2025. We are seeking a candidate who is immediately available.



The main responsibilities for the role include:

Management of the financial reporting team Assist with the development and training of the Fund Financial Reporting team Assist with the management of the preparation and completion of all statutory financial statements, solvency statements, liquidation reports etc Assist with the planning of financial reporting team workload including timetables, action and issues log management Assistance with the preparation and filing of corporation tax returns for funds Management of the audit process including signing of financial statements, letters of representation etc Assist in supporting for the implementation of technical accounting, taxation and regulatory changes impacting fund accounting Provide taxation support for funds Assist in supporting corporate events on funds such as liquidations, launches and mergers from an accounting and taxation perspective Manage production of Key Performance Indicators (KPIs) and Management Information (MI) for Fund Financial Reporting and Taxation Manage year end adjustments and ongoing adjustments for financial statements and any associated NAV impact Manage offshore funds and Excess Reportable Income (ERI) adjustments and manage relationship with ERI data provider including accumulation dividend adjustment process Manage special dividend validation process between income and capital Manage maintenance and updating of procedures across fund financial reporting and taxation Provide support for projects and strategic enhancements providing input for the Fund Financial Reporting and Taxation team

Key skills/attributes:

Accounting and reporting knowledge of:

oUK Funds financial reporting and preparation of financial statements

oIA SORP

oFund specific income such as Excess Reportable Income (ERI), equalisation

oAccumulation and income dividends received from fund of funds

oFund distributions

oCapital and revenue adjustments



Ability to organise themselves and tasks Experienced in administration, preferably completing documentation Attention to detail Strong creative and analytical thinking Strong interpersonal skills Diversity of thought, complementary skills and capabilities Ability to work to tight deadlines Ability to work collaboratively with internal and external stakeholders

Role and responsibilities

Integrity and knowledge Communication Problem solving * People skills