We’re looking for a Real Estate Fund Accountant to join our Fund Operations team on a permanent basis in a hybrid role based in London.

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members. 

The Role

Following a review of resourcing requirements across the fund accounting function, we are seeking an experienced Real Estate Fund Accountant to join our Fund Operations team. The role is responsible for assisting with the delivery of regular financial reporting and technical support to Railpen’s Investment team, alongside providing effective oversight of external third‑party service providers

This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.

The Person

The successful candidate will have a good understanding of UK real estate accounting. The ideal candidate will have a passion for both real estate and financial reporting along with having excellent Excel skills—including pivot tables, lookups and building data‑driven models—to support robust analysis and insight. The ideal candidate will be a qualified accountant with an institute such as the ICAEW, ACCA or CIMA. They will also have knowledge of UK structuring vehicles, such as General Partner Limited Companies, Limited Partnerships, Jersey Property Unit Trusts and Exempt Unauthorised Unit Trusts. Knowledge of other vehicle types advantageous.

We’re looking for a proactive self‑starter—highly motivated, organised, and able to flex priorities when business needs shift. As a Fund Accountant, you will have an analytical mindset and excellent communication skills to enable you to interpret complex data, constructively challenge and provide clarity to stakeholders. You will thrive in a collaborative culture, bring a sense of accountability, and look to actively embody our values. Through your approach, you help create a safe, inclusive environment and ensure our members’ best interests remain at the heart of everything you do.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members. 

What we can offer you

Rewarding you

• A competitive salary (depending on experience)

• 28 days annual leave plus bank holidays

• Generous annual bonus plan

• We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay

•  4x Life Assurance cover

Heath & Wellbeing

• Private Medical Insurance

• Employee assistance programme

• Health cash plan

• Eye care vouchers

• Flu vaccination

Lifestyle

• We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

• Buy and sell holidays

• Give as you earn scheme

• Paid volunteering days

• Flexible half days leave

• Electric vehicle leasing

• Cycle to work scheme

Next Steps

Please apply for the apply button or visit Careers Page by 5pm on 23rd June 2026.  

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.