Financial Reporting Manager - Reputable Fund Management Entity
Job ref: 49496
LocationDublin City Centre
SectorAccountancy & Tax, Funds & Investment Management
Job typePermanent
SalarySee description below
The Panel is currently engaged to source a Financial Reporting Oversight Manager on behalf of a reputable Global Fund Management entity in Dublin city centre on a permanent basis
The primary role will be to provide robust and efficient oversight of outsourced regulated funds financial statements and share class distribution rate calculations, ensuring completion within regulatory deadlines and SLA’s. In addition, the role holder will assist the ongoing management and implementation of the financial reporting oversight teams' change pipeline, due to a variety of technical, regulatory and accounting standards updates.
Responsibilities
Requirements
The salary for this role is negotiable depending on experience and includes an excellent bonus and benefits package including attractive hybrid working arrangements
Please contact Liam Murphy if you meet the key criteria and you wish to apply
The primary role will be to provide robust and efficient oversight of outsourced regulated funds financial statements and share class distribution rate calculations, ensuring completion within regulatory deadlines and SLA’s. In addition, the role holder will assist the ongoing management and implementation of the financial reporting oversight teams' change pipeline, due to a variety of technical, regulatory and accounting standards updates.
Responsibilities
- To oversee and review the production of financial statements for company funds, ensuring outsourced third-party administrators produce accurate financial statements within agreed timelines. To implement enhancements to the annual audit process, cultivating a continuous improvement and best practice environment.
- To oversee financial reporting projects due to the continuously evolving regulatory and technical landscape for company funds and provide advice and guidance to project teams as required.
- To oversee and review the production of distribution rate calculations for each paying scheme, ensuring appropriate calculation of equalisation, taxation and payment. To calculate and review complex divergence patterns on pricing and distribution rates, such that errors or issues with regard to revenue apportionment between unit classes are resolved and corrected in a controlled manner.
- To collaborate with auditors and outsourced third-party administrators, such that the financial statements are compliant from an accounting standards and regulatory standpoint.
- To actively participate in the operational management of relationships with third-party administrators and auditors across different jurisdictions, such that the financial statements and share class distributions are completed in a timely, controlled and accurate manner.
Requirements
- Knowledge of regulatory frameworks such UCITS and AIFMD Regulations.
- Knowledge of accounting standards including FRS102, IFRS and Lux GAAP.
- Knowledge of investment funds, the financial markets in which they operate, and financial instruments.
- Knowledge of governance structures and required regulatory oversight, implicit in the Central Bank of Ireland and CSSF Regulatory environments.
- Knowledge of net asset value calculations and share class distribution calculations.
- Knowledge of key stakeholder relationships including third-party administrators, auditors and trustees/depositaries.
- Qualified accountant, or studying towards a professional accountancy qualification such CIMA, ACCA or ACA desirable but not a pre-requisite
- Strong experience within the financial services industry in auditing, third party administration or asset management.
The salary for this role is negotiable depending on experience and includes an excellent bonus and benefits package including attractive hybrid working arrangements
Please contact Liam Murphy if you meet the key criteria and you wish to apply
