Investment Accounting Controller

Salary: £79,360 Annual (100% FTE: £99,200)

Wellcome is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships.

We plan to spend £16bn over the ten years to 2032, funding new discoveries in life, health and wellbeing and taking on three global health challenges: mental health, infectious disease and climate and health.

We are looking for an Investment Accounting Controller to join our Investment Accounting team on a part time basis (4 days/week or 28 hours/week) across Monday, Tuesday, Thursday and Friday.

Where in Wellcome will I be working?

Reporting into the Head of Financial Accounting, this role leads the investment accounting team within the financial accounting team. This role will be managing four investment accounting team members, including managers who specialise in specific asset classes and part qualified roles developing their investment accounting experience. This role works directly with Wellcome’s internal investments team and the other operational teams that support investments and external investment managers.

What will I be doing?

You will lead and develop a high-performing, inclusive investment accounting team, ensuring strong recruitment, retention and professional growth. Build trusted relationships with senior stakeholders, providing expert advice and constructive challenge on investment valuations, accounting and controls. Oversee technical accounting support for complex investment transactions, collaborating with Legal, Tax and Investment Operations teams to ensure investments are structured and implemented effectively.

As an Investment Accounting Controller, you will:

• Lead investment accounting operations, including adjustments, reconciliations, controls, financial reporting, audit liaison, and management information analysis.

• Oversee preparation of group and investment subsidiary financial statements, as well as financial reporting for bond issuances and ongoing rating agency requirements.

• Manage investment valuation processes for annual reporting and performance measurement, including approvals, valuation themes, policies, procedures, and controls.

• Provide robust challenge and oversight of third-party valuation experts across Venture, Private Equity, and Property asset classes.

• Drive continuous improvements in investment accounting, valuation, risk, and control processes, ensuring new investments are integrated effectively into finance operations.

• Foster an inclusive, collaborative culture while maintaining budget control, compliance with policies, and accountability for high quality team outputs.

Is this job for me?

This role would suit you because it combines leadership, technical investment accounting expertise and strategic influence. You would lead complex valuations, reporting and controls while driving process improvements and shaping governance across a sophisticated investment portfolio. The role also offers strong collaboration with senior stakeholders and cross functional teams, making it ideal if you enjoy accountability, problem solving and making a meaningful impact in a high performing environment.

To apply for this role please submit an updated CV and answer 2 application questions to demonstrate that you meet the minimum requirements for the role.

Minimum Criteria:

• Professionally qualified accountant (ACA, ACCA, CIMA, or equivalent) with strong investment accounting knowledge under UK GAAP or IFRS.

• Experienced in investment valuation, particularly across private equity and property asset classes.

• Proven people management and leadership skills, with experience leading complex, multi-stakeholder projects.

• Strong analytical and communication abilities, with the capability to interpret evolving statutory guidance and provide clear expert conclusions.

You can view the full Investment Accounting Controller JD here.

You can read more about the benefits we offer our employees on our website.

Our Hybrid Way of Working

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 3 days per week (Tuesday, Wednesday and Thursday) from our Euston Road offices (as part of our hybrid Ways of Working) with the remaining 2 days working either remotely or in the office.

Diversity and Inclusion is at the heart of everything we do

Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition.

Please visit our website for more information on adjustments and accessibility, or contact us at jobs@wellcome.org

Upon a conditional offer being made, the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any ‘unspent’ criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974. The criminal record check with not show anything that is ‘spent’.

For further guidance on disclosure of criminal records please see this UK Government Guidance. You can view our Policy Statement on the Recruitment of Ex-offenders here. You can view our Privacy Statement here.

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