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Financial Reporting Analyst
Ref No.: 18-07695
Location: Wilmington, Delaware

Job Summary:
The audit support team forms part of the Global Fund Services group and carries out co-ordination, oversight and production activities in support of various audit related processes for Client funds.
The team works closely with a number of internal and external stakeholders such as the fund administrators, auditors, custodians and prime brokers, and multiple internal departments, to maximize efficiency, build consistency across the fund range and contribute to the timely and accurate release of all financial statements.
 
This role provides opportunities to interface with, and work alongside, the product groups and presents opportunities to develop career paths within Global Fund Services or into other operating teams or product or client-facing business areas. The broad fund range offers individuals opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths. Client supports continuous learning for all employees and provides a study assistance package for relevant qualifications.
 
Responsibilities:
  • Manage the audit confirmation process end-to-end, including preparing confirmations, tracking responses, resolving queries, and effectively escalating internally and externally in respect of delinquent responses.
  • Liaise with various independent auditors and numerous custodians, prime brokers and counterparties to complete the audit confirmation process in a timely and accurate manner.
  • Oversee the audit invoice reconciliation process, including logging invoices as they are received and ensuring invoiced amounts agree to final fee schedules and engagement letters.
  • Manage the posting of financial statements to various Client websites, ensuring timeliness and accuracy.
  • Review of financial statements in accordance to US GAAP/IFRS/ Irish GAAP/UK SORP
  • Create and review schedules for production and printing/distribution of financial statements.
  • Communicate with clarity & promptness.
  • Leverage technology to create automation solutions for tactical initiatives
 
Required Skills:
  • 3-5 years' audit experience in investment management or financial services audit or, alternatively, experience within a financial reporting environment as a fund administrator, with US and International accounting standards (German GAAP, US GAAP, Irish GAAP)
  • Computer proficiency in Excel, Word and PowerPoint
  • An understanding of the current requirements of the global accounting standards and regulatory requirements, as they apply to Investment Funds. (All type of products- Mutual, Alternatives –(Hedge fund/private equity/ fund of funds), Open Ended Investment Companies (OEIC) and Unit Trusts.
  • NAV experience – worked in a team that produced NAV per share for mutual/alternative/hedge funds
  • Demonstrate knowledge of a range of fund accounting activities and their associated reflection in the production of financial statements, as well as understanding of different fund strategies and of relevant investment instruments and products, including different derivative instruments.
  • Display a pro-active interest in keeping informed of industry developments, updated accounting standards and investment product changes.
  • Project management – knowledge of managing and measuring multiple tasks
  • Creativity, an analytical mind and openness to using technology to solve problems
  • High degree of comfort with technology is required Competencies
  • Takes ownership for outcomes and is personally accountable for results (Accountability & Ownership)
  • Analyze relevant information using logic and consider relevant facts to make rational, realistic and sound decisions (Analytic Ability)
  • Produces accurate work and spots mistakes/errors and makes appropriate corrections (Attention to Detail)
  • Excellent verbal, written and interpersonal communication skills including ability to clearly articulate results of financial analyses as wells as issues to senior management and the auditors (Communication Skills);
  • Self-motivated, determined to achieve goals and works hard to meet those goals. (Drive, Determination and Execution);
  • Works effectively to plan and prioritize responsibilities including ongoing and ad hoc projects simultaneously (Plan and Prioritize);
  • Promotes and facilitates the group's work while contributing to the group using inspiration and motivation (Teamwork);
  • Understands common business and financial terminology including how organizations operate, compete and grow (Business Acumen)
  • Develops practical and pragmatic solutions to problems (Problem Solving);
  • Builds working partnerships and sustains collaboration in the workplace. (Relationship Building);
  • Generates fresh ideas using structured thinking by reevaluating existing approaches and processes with an ability to identify automation opportunities (Innovation and Creativity);
  • Actively demonstrates the Client principles on a daily basis
 
Education:
A qualified accountant (ACA, CIMA or ACCA) with a Bachelor's degree in accounting Skills
 
Additional Skills:
Fund Accounting
GAAP
Invoice
Invoices
Financial Statements
Rational
Reconciliation
Relationship Building
Regulatory Reporting
 
Languages:
Irish – Read, Speak and Write
German – Read, Speak and Write