Job Summary:
The Section Manager will be
responsible for managing the Financial Reporting for the Client Accounting
group(s). Conducts performance management and career development processes,
staffing and disciplinary actions. Acts as a subject area expert and directs
activities of the group. Develops and maintains specific subject expertise and
advises businesses management, and relevant third parties. Provides advice to
internal clients on the implications of business trends, issues, operating
environment changes and firm or business unit strategy. Responsible for
interacting with various business areas to determine automation needs and
provide ongoing systems support.
Responsible for leading the
operations and team management of Financial Reporting professionals. The job
holder has responsibility for the team’s training, performance management and
performance in the preparation and review of financial statements, schedule of
investments, significant acquisitions and disposals and explanatory notes on
the same (including preparation and review of tax reporting data due to tax
agents), for mutual funds, hedge funds and/or fund of hedge fund clients.
Financial statements are
prepared on a cyclical basis (for example; quarterly, semi-annual or annually)
depending on the team in accordance with regulatory guidelines in the home
country (for example: UK, Ireland, Luxembourg, Switzerland and U.S). The
preparation is based on a set processes and procedures and the job holder will
be required to adhere to these processes in completing day to day tasks.
Once financial statement is
prepared, the jobholder will be responsible for reviewing the work of more
junior team members including, analysis and research for any discrepancies
before the statement is issued to the home country for review.
Principal responsibilities
Conducts
performance management and career development processes, provides input
for staffing and disciplinary actions and provides hands-on training to
partners.Develops
periodic goals, organizes the work, sets short-term priorities, monitors
all activities, and ensures timely and accurate completion of the workProvides
input and support to budget management processMaintains
risk management and compliance programs and activities for their assigned
groupOperates
independently; has in-depth knowledge of business unit / functionAs subject
area expert, provides comprehensive, in-depth consulting and leadership to
team and partners at a high technical level7.Carries out activities that
are large in scope, cross-functional and technically difficultRole is
balanced between high level operational execution and development, and
execution of strategic direction of business function activitiesStrategic in
developing, implementing and administering programs within functional
areasResponsible
for effectively managing escalations and focusing on resolution of complex
transactions, where expertise is required to interpret policies,
guidelines and/or processes
Business
Understand
risk in own team; help others to understand this and to recognise that
risk is everyone’s responsibilityReviews
systems and processes within the team to ensure greater automation and
control.Work closely
with Senior Manager to achieve long term department goals and on various
processes / projectsEnsure
adequate Governance and Oversight controls are in place with Key
Stakeholders – monthly meetings, quarterly service reviews etc.To
continually assess the team’s processes to improve efficiency, reduce risk
or cost, as well as to increase the satisfaction of our staff. Deliver on
productivity targets for team/process.Participates
in client meetings to explain our service capability.Proactively
promoting Financial Reporting working groups to keep relevant in the most
recent global accounting and regulatory requirements.Participate
in client due diligence visits
Management
Provides
leadership and guidance to staff, fostering an environment which
encourages employee participation, teamwork, and communication.Guides
subordinates in the resolution of difficult client reporting/accounting
problems that are non-routine in nature. Directs staff efforts in meeting
department objectives.Deliver
training /coaching effectively.Conducts
Mid-Year and annual appraisal for your direct reports and ensure career
development processes are put in place.Ensure team
leaders are facilitating one on one on regular basis, analyse feedback and
develop appropriate plans.
Skills and Experience
At least 12
years of relevant working experience within a securities operations,
investment management, fund services environmentStrong
leadership and people management skills. Minimum 3 years of people
management experienceBachelor’s
degree in Accounting or Finance, CFA or MBA preferredCertified
Public Accountant highly desirableKnowledge of
financial instruments, accounting concepts and productsKnowledge of
accounting and regulatory concepts, financial instruments and products
acquired through studies and related work experienceKnowledge of
US GAAP, UK GAAP, Irish GAAP, Lux GAAP, Swiss GAAP & IFRS through
studies and/or work experience (preferred)Excellent
desktop, IT and systems skills. Experience of Sungard InvestOne fund
accounting platform or Confluence/FundARC Suite financial reporting
systems advantageous. Knowledge of Microsoft Excel and Word essentialKnowledge
and understanding of migrations, new client implementations and
accounting/legal reporting requirements acquired through work experience.
Experience on transitions/consolidation of various systems and completing
necessary reconciliations (preferred)Strong
practical knowledge of risk and control frameworks applicable to work area
Core Competencies
Excellent
Interpersonal (relationship builder, respectful, resolves problems, people
friendly and organisational savvy)Communication
(presentation skills, listening skills, oral communication skills, allows
others to express themselves and written communication skills)Self-management
(adaptability and resilience, learning behaviour, integrity and ethics and
relationship builder)Motivation
(performance standards, achieving results and persistent)Thinking
(creative thinking, decision making, input seeking, logical thinking and
solution finding)Organisational
Knowledge (business knowledge, expert knowledge and external events
impact)Client
Service and Quality (quality, relationship building and client
satisfaction)Administration
(Virtual team capacity utilization , Anticipates needs, execution,
planning, process specialist, quality seeker and time management)Leadership
(Addresses difficult issues, builds effective teams focused on goals,
champions new initiatives, fosters development, gives timely feedback and
coaching, Idea generator and sets challenging performance standards)For further information, and to apply, please visit our website via the “Apply” button below.