Finance Revenue Manager (12-Month FTC) presso LegalAndGeneral

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

L&G Asset Management is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.

We’re recruiting for a Finance Revenue Manager to join us on a 12-month FTC basis.

In this role, you will be responsible for managing a team of finance professionals in controlling, monitoring, and reporting revenue for LGIM, LGIM America and LGIM’s collective investment schemes, including its Unit Trusts, OEICS, SICAVs, QIFs and Property. You will ensure that income is accounted for accurately in each relevant company’s books, with appropriate accruals and journals being posted to ensure continuing compliance with applicable accounting standards.

What you’ll be doing:

• Maintaining and developing controls and processes to ensure that all income-related transactions (including management charges, performance fees, commissions, rebates and intercompany investment management fees) are calculated and recorded accurately and, where necessary, settled effectively
• Overseeing the production and review of bespoke rebate calculations, ensuring that a robust control framework is maintained to support the preparation of accurate calculations in line with contractual terms
• Managing the provision of timely, accurate and informative management reporting to internal customers and stakeholders relating to income, providing insight around emerging trends to facilitate optimal business performance
• Liaising with Business Partners and other key stakeholders to understand business changes to ensure the correct revenue is accounted for
• Overseeing relationships with Client Account Managers to resolve any billing issues and collect unpaid debts
• Supporting the Senior Finance Manager with any new responsibilities that may emerge
• Liaising with external auditors during the year-end audit process
• Ensuring that procedure manuals are kept up to date and accurately reflect current processes

Who we’re looking for:

• Qualified or experienced accountant with post-qualification experience in a finance or control environment
• Understanding of EU, UK and other regulations impacting LGIM’s product set and business
• Understanding of LGIM’s strategy, key divisions, business functions and product set, including awareness of product features, characteristics, purpose and profit dynamics
• Understanding and application of relevant accounting standards, and ability to interpret and apply L&G Group Policies and Procedures
• Understanding of L&G’s risk management philosophy and ability to support LGIM in delivering an effective financial control environment
• Ability to use Excel to analyse financial information
• Ability to prioritise, plan and organise multi-task/multi-person assignments
• Ability to recognise and develop talent, motivate others, delegate effectively and communicate organisational goals and objectives

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.