The bank for a changing world

NAV Fund Accountant


Standard / Permanent



Job function




BNP Paribas Securities Services is a top five global provider of securities services.  Operating across the investment cycle, we provide post-trade administration solutions to buy-side and sell-side financial institutions and issuers. With a local presence across 34 countries and global coverage of over 100 markets, we offer a one-stop shop for all asset classes, both onshore and offshore and across the globe.

Our Scottish operation is key to the growth strategy of the bank and offering unparalleled career development and progression.
The Open Ended Fund Accounting (OEFA) department is a high profile business area that comprises of a number of different functions responsible for NAV production, monthly OEFA oversight controls and statutory and financial statements reporting services for UK Open Ended Investment Companies, Unit Trusts and UK administered SICAV’s and Dublin funds.
As a Fund Accountant in our Open Ended Fund Accounting department, you will be responsible for contributing to the successful delivery of agreed reporting requirements in accordance with client service level agreements. 
Key Responsibilities:
  • To meet client KPI’s and service delivery commitments
  • For an agreed population of open ended funds, produce deliverables including,:
    • Daily Net Asset Value (NAV) calculations
    • Distribution calculations
    • Monthly trustee / control packs
    • Management service charge calculations
    • Performance fee calculations
    • Portfolio turnover calculations
    • Yield calculations
    • Total expense ratios
    • ONS Returns
  • Participate in client and internal change activity as required ensuring no detrimental impact to client service delivery
  • Assist in managing responses to Clients, Auditors, Trustees, Custodians and other departments within BNP Paribas Securities Services for those funds assigned responsibility for.
  • Adhere to procedures and controls in performing allocated tasks
  • Assist in documenting procedures and controls for new and existing processes
  • Timely escalation of any issues to Senior Fund Accountant and Assistant Manager
  • Ensure Corrective and preventative action is taken, and evidence retained, where deadlines / quality standards are at risk


We are looking for motivated individuals who have first-class numerical and analytical skills.  Successful candidates should have previous accounting experience and / or a degree in a related subject. Candidates must be able to demonstrate outstanding problem solving, time management and planning skills. The ability to work accurately within a deadline driven environment and evidence of excellent team working skills are also essential.

Please note that we are unable to progress applications at this time from candidates who require sponsorship under a Tier 2 General Visa. The role does not meet the required skill level for us to issue a Certificate of Sponsorship under Tier 2.