Funds Operations Manager - Financial Services

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The opportunity

EY Financial Services has experienced rapid growth over the past five years, making it an exciting place to build your career and make a meaningful impact in the investment and fund operations space. We are seeking a motivated professional to join our dynamic Global Compliance and Reporting Team ideally based in Warrang – Sydney although this role can be performed from any of our EY offices across Australia. 

Our roles can be adjusted to work flexibly with the potential of reduced hours to balance your time between the home and office. Please speak with us about potential options.

Our team brings together diverse perspectives and backgrounds, creating an inclusive environment that fosters collaboration, innovation, and growth. We prioritise work-life balance and offer flexible arrangements to support your wellbeing. Through our comprehensive development programmes, you’ll have the opportunity to shape your career and become the best version of yourself, both professionally and personally.

As our Funds Operations Manager, you will be a part of our Middle Office Operations team where you will play a central role in delivering operational excellence for leading investment funds. You’ll work closely with experienced professionals and global stakeholders to ensure accuracy, compliance, and efficiency across fund administration processes. From monitoring valuations and reconciliations to managing cashflows and expense controls, your work will help clients navigate complex operational landscapes and achieve their strategic objectives.

As part of EY Managed Services’ Middle Office Operations team, you will play a vital role in supporting the integrity and efficiency of fund operations. Your responsibilities will include:

• Oversight of Core Controls: Manage daily reconciliations between ABOR and IBOR, monitor NAV and valuation processes, and ensure compliance with valuation policies.
• Data and Pricing Assurance: Validate data accuracy, review fund price thresholds, and perform checks on price delivery and spreads to maintain market alignment.
• Cashflow and Expense Management: Reconcile cashflows promptly, maintain custody fee accruals, and oversee expense tracking, invoicing, and rebate calculations.
• Governance and Strategic Support: Prepare fund budgets, conduct fund viability reviews, and monitor performance fee calculations to support informed decision-making.
• Collaboration and Issue Resolution: Work closely with fund administrators and internal teams to resolve exceptions, escalate issues, and ensure timely processing across complex fund structures.

Skills and attributes for success

• Bachelor’s degree in Business, Finance, Accounting or a related discipline (preferred).
• 5–8 years’ experience in Wealth & Asset Management, Fund Operations, or a related Financial Services middle office environment.
• Strong written and verbal communication skills
• Proven analytical and problem-solving skills, with a keen eye for detail.
• Ability to communicate effectively and build strong relationships with stakeholders.
• Highly organised, with the ability to manage and prioritise multiple deadlines in a fast-paced environment.
• Proficiency in Microsoft Office, with advanced skills in Excel (including data analysis and reporting).
• Familiarity with fund administration processes, NAV oversight, reconciliations, and expense management would be highly regarded.

What we offer you

At EY, we’ll fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.

• Career development: At EY, your career is yours to shape! We’ll develop you with future-focused skills and equip you with world-class experiences ey.com/au/careerdevelopment
• Flexible work arrangements: Our flexible work policies empower you to balance your professional and personal life, fostering a culture of trust and autonomy.
• A comprehensive benefits package: From a yearly wellness incentive, to access to additional 8 weeks of flex leave per year, and family-friendly policies, including 26 weeks of gender-neutral paid parental leave, we cater to your diverse needs to help you thrive both personally and professionally www.ey.com/au/benefits    
• Salary: We offer a competitive salary which is open to negotiation pending on skills and experience.

Acknowledgement of Country

EY acknowledges the Traditional Owners and Custodians of the lands on which EY offices are located around Australia. We pay our respects to their cultures, and to their Elders — past, present, and emerging. Find out more about our vision for reconciliation at ey.com/en_au/careers/indigenous

Diversity, equity, and inclusiveness (DE&I) are core to who we are, how we work and how we live our values. We encourage applications from people of all ages, nationalities, abilities, cultures, sexual orientations, and gender identities and are committed to providing an equitable and barrier free recruitment experience for all. We encourage you to share any support and adjustments you need to be your best and participate equitably in our recruitment process. We understand sharing your needs with us can be daunting, so if you have questions before or during your application, we welcome you to get in touch at contactrecruitment@au.ey.com or +61 3 8650 7788 (option 2). Anything you tell us will be kept completely confidential.

Are you ready to shape your future with confidence? Apply today.

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Our preferred applicant will be required to undertake employment screening by EY or our external third-party provider.

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