Internal Audit & Financial Reporting Supervisor – Dublin, IE

HedgeServ Ltd
Dublin, Ireland
Not disclosed
26 Jul 2021
20 Aug 2021
Contract type
Full time
Experience level
Qualified accountant

Internal Audit & Financial Reporting Department 

HedgeServ’s IA & Financial Reporting department is expanding in both Cork and Dublin. The team works with some of the most complex hedge funds in the industry, collaborating with its clients to provide a unique technology driven service offering to deliver a streamlined financial reporting solution. The team provides expertise in U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Luxembourg GAAP and local regulatory requirements, specifically for HedgeServ’s strategic clients.

Job Description

An Internal Audit & Financial Reporting Supervisor will be required to prepare financial statements across HedgeServ’s strategic clients in compliance with U.S. GAAP, IFRS or Luxembourg GAAP under the supervision and guidance of a Financial Reporting Manager and/or Financial Reporting Director. The Financial Reporting Supervisor will ensure the timely and accurate delivery of financial statements, whilst building relationships with Investment Managers and Auditors, as well as colleagues across multiple global offices.

Main Job Functions/Responsibilities:

Financial Reporting:

  • Prepare financial statements including primary statements and all note disclosures ensuring they are drafted in accordance with:
    • the regulations of the fund domicile
    • the relevant GAAP of the Fund, primarily US GAAP, IFRS or Luxembourg GAAP
    • the constituting documents of the fund (prospectus / offering memorandum)
    • Investment Manager and/or Auditor instructions
  • Develop template financial statements utilizing both the HedgeServ Financial Reporting tool and using a third party bespoke financial reporting application
  • Co-ordinate weekly call between the Auditors, Investment Manager and HedgeServ, tracking the status of the financial reporting project to agreed milestones on the timetable and resolving or directing ad-hoc Investment Manager and Auditor queries in relation to GAAP or local regulations
  • Build a detailed personal knowledge of GAAP to understand the range of disclosures permissible under GAAP which best fit the ethos of the Investment Manager, and challenging the Auditors if required thereby adding value to the process from the Investment Manager’s perspective
  • Build a detailed personal knowledge of regulations (e.g. AIFMD, UCITs, and CFTC) to understand the range of disclosures permissible under the legislation which best fit the ethos of the Investment Manager
  • Ensure all Investment Manager and Auditor queries on the financial statements are resolved in a timely manner


  • Ensure errors or problems are identified and investigated on a timely basis; provide guidance for solutions to resolve
  • Ensure all work is delivered on schedule to meet agreed timelines
  • Maintain positive relationships with business stakeholders

Education, Qualifications and Experience

  • A Qualified Accountant (ACA/ACCA) who has completed a 3 or 4 year training contract with an audit firm specializing in the audit of Hedge Funds
  • A Qualified Accountant (ACA/ACCA/CIMA) who has completed a 3 or 4 year training contract with a Fund Administration firm specializing in financial reporting for Hedge Funds
  • Strong technical skills and attention to detail along with good knowledge of relevant accounting standards and regulatory requirements pertaining to the funds industry
  • Bachelor’s degree in Accounting, Finance or Economics (2.2 min)
  • Detailed knowledge of US GAAP and/or IFRS
  • In-depth knowledge developed across audit and financial statement review, obtained from either audit engagements in an audit firm or within another financial institution
  • Strong IT skills, proficient at MS Office (Excel, Word and PowerPoint)

Pre-requisite knowledge, skills and experience

  • Strong leadership skills with excellent interpersonal, verbal and written communication skills
  • Strong analytical and problem-solving skills
  • Strong attention to detail and well organized
  • Ability to work under pressure and to tight deadlines
  • Ability to be flexible and work effectively both within a team structure and independently
  • Ability to research issues and present findings in professional manner
  • Ability to identify, prioritize and resolve issues in a timely manner
  • Ability to positively influence team morale
  • Reliable and dependable
  • Act as a role model for HedgeServ

For further information, and to apply, please visit our website via the “Apply” button below.

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