Fund Accountant
Rutherford Cross
June 15, 2024
Glasgow/Edinburgh- Hybrid, United Kingdom
Job Type
- Glasgow
Public Sector and Not for Profit
Commercial Finance
Salary Guide
From £45,000 p.a.


The Company

Social Investment Scotland (SIS) are a social investment finance intermediary (SIFI) operating across Scotland and beyond. Their mission is ‘to connect capital with communities, to make a real, measurable and sustainable impact upon peoples’ lives.’

Social Investment Scotland’s strategy to 2030, Building an Impact Economy, highlights their approach to enabling social and environmental impact through society and economy. By 2030, they aim to provide 5,000 enterprises with the tools, support, inspiration and connections to create greater social impact; and to connect 5,000 social entrepreneurs, enterprises and third sector organisations with mission-aligned investment and support.

The Role

At the heart of our organisation lies the finance team, who play a pivotal role in ensuring the health, stability and growth of SIS. Reporting into the Head of Finance and Operations, this role as Fund Accountant will business partner a range of key stakeholders within the organisation with a key focus on the investment team as they deploy capital.

With a large and varied portfolio of customers within the organisation, you will ensure fund accounts are prepared for third parties, lead on communicating this information to investors and track fund performance. You will also be the ‘go to’ when developing models to support with new fund opportunities.

You will have previous fund experience either working in a similar environment or within financial services, or perhaps working for another social enterprise investment platform where you will have a full understanding of preparing management accounts, quarterly forecasts and ability to liaise with a range of key personnel.

  • Preparing monthly fund management accounts and quarterly forecasts and liaising with key internal and external stakeholders as required
  • Liaising with the investment team on projected deployment of funds and in turn, liaising with investors on capital drawdowns
  • Preparing quarterly fund reporting for investors and leading on conversations relating to this
  • Overseeing the collections process for each of the funds you are responsible for, ensuring these are accurate, on time and reflected in the investment management system correctly
  • Calculating quarterly repayments to investors based on capital and interest repayments received
  • Analysing and tracking fund performance through fund modelling
  • Developing modelling to support with new fund opportunities
  • Liaising with the investment team and investment management system to ensure system continues to meet fund needs
  • Liaising with auditors on relevant fund accounts as required

Experience Required

  • Sound knowledge of preparing fund and statutory accounts in a similar organisation
  • Ability to build strong relationships and communicate with stakeholders at all levels of the business
  • Ability to communicate complex financial strategies to lay persons to enable informed decision-making throughout the business
  • Experience working in an investment, fund or financial service organisation would be advantageous
  • Strong understanding of preparing financial models or adjusting existing financial models

Skills and Abilities

  • Qualified Accountant (CA, ACCA, CIMA or equivalent) or qualified by experience
  • Experience in using and developing ERP systems
  • Work independently as well as within a team
  • Excellent organisational skills; ability to work to deadlines
  • Excellent communication skills (verbal and written)

Personal Qualities

  • Strong positive attitude and an ability to find creative and flexible solutions
  • Resilient when faced with challenges and deadlines
  • Ability to quickly develop good working relationships with colleagues

What to do next

To find out more about the role, please contact Will Dodds at Rutherford Cross by emailing [email protected]

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