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
