Manager - Accounting & Financial Statements (Financial Statement Review)

As the Manager of Financial Statement Review, you will lead a team dedicated to review, optimization, and support of financial statement preparation for fund clients and ad-hoc structures. Your responsibilities include ensuring high standards of service delivery, compliance with accounting standards (e.g., IFRS, US GAAP), and effective client management. This role emphasizes expertise in financial review, process improvement, technology utilization, cross-department collaboration, and innovation.

From a high-level perspective, the core responsibilities that form your role are broken down into the following 9 categories:

1. People Management Responsibilities.
2. Financial Statement Preparation and Management 
3. Process Development and Technology Optimization
4. Operational Efficiency and Innovation:
5. Client Service and Support
6. Collaboration and Cross-Functional Integration
7. Risk and Compliance Responsibilities
   

Your Daily Tasks

1. People Management Responsibilities: 

Includes (but not limited to) the following tasks:

a) Team Management - Manage the company’s global technology and product teams and ensure that all team members have relevant Job Descriptions that include Tasks and KPIs.

b) Day-to-day Team management – Managing the team on a day-to-day basis by implementing:

• • Weekly task management
  • Weekly team meetings
  • Ad hoc needs

c)Team Satisfaction - Monitoring the team's capacity and ensuring high-level satisfaction and work-life balance.

d) Feedback and Coaching - Providing feedback and coaching to the team members with the aim of constantly improving their performance.

e) Team Training - Coordinating and providing training and development programs within the technology and product teams as or when required.

f) Team Succession planning - Identifying any high-potential and high-risk employees and developing the relevant succession plans.

2. Financial Statement Review and Oversight:

Includes (but not limited to) the following tasks:

a) Review and Quality Assurance: Conduct thorough reviews of financial statements prepared by the Financial Preparation team, ensuring accuracy, compliance with accounting standards, and high-quality presentation.

b) Process Accountability: Take ownership of the financial statement review cycle and be accountable for adherence to deadlines, service levels, and client expectations.

c) Complex Structures: Support and review the preparation of statements for complex fund structures, addressing intricate financial and regulatory requirements.

3. Process Development and Technology Optimization:

Includes (but are not limited to) the following tasks:

a) Process Improvement: Lead initiatives to enhance financial statement processes through automation and system integration, minimizing manual intervention and increasing operational efficiency.

b) System Utilization: Collaborate with technology and operations teams to optimize existing systems and identify new tools to streamline data transformation for financial statements.

c) Innovation Implementation: Drive the adoption of scalable processes, leveraging technology and best practices to ensure compliance and efficiency.

4. Operational Efficiency and Innovation:

Includes (but are not limited to) the following tasks:

a) Workflow Enhancement: Develop, implement, and refine workflows to support seamless financial statement review and improve productivity.

b) Scalability Focus: Identify opportunities to expand and scale financial statement support services to meet client needs and market demands.

c)New Solutions: Collaborate with product teams to design and introduce new services tailored to changing client needs and market conditions.

5. Client Service and Support:

Includes (but are not limited to) the following tasks:

a) Primary Point of Contact: Serve as the main point of contact for clients utilizing the Financial Statement Review Service, addressing their needs with professionalism and insight.

b) Client Engagement: Build and maintain client relationships, proactively managing expectations, service requests, and bespoke solutions.

c) Industry Adaptation: Stay abreast of industry trends, regulatory changes, and emerging practices to continuously adapt and enhance service offerings.

6. Collaboration and Cross-Functional Integration: 

Includes (but are not limited to) the following tasks:

1. Work cross-functionally with operations, business users, and project teams to deliver comprehensive and innovative solutions.
2. Drive process integration across service lines to ensure consistent, high-quality client service delivery and effective resource utilization. 

7. Risk and Compliance Responsibilities:

Includes (but are not limited to) the following tasks:

a) Stay informed on industry trends, regulatory requirements, and jurisdictional changes affecting entities reporting under IFRS or US GAAP.

b) Act as the primary contact for all client interactions with external auditors, ensuring comprehensive, accurate, and timely responses.

c) Support new fund onboarding by ensuring smooth integration into financial statement workflows and compliance standards.

d) Policy Implementation: Help implement compliance policies at the operational level.

e) Monitoring Tools: Utilize tools to monitor compliance with internal controls and regulatory requirements.

f) Compliance Culture - Working in tandem with the groups Head of Compliance and Governance to instill a culture that is centered around good governance and compliance.

g) Reporting: Assist in preparing compliance reports for management review.

h) Issue Tracking: Track and manage compliance-related issues and follow up on resolutions.

i) Communication: Communicate compliance requirements effectively within the team.

Strategic Expectations

• Share insights to enable development of new processes and procedures that will create business efficiency and support delivery of client excellence in service.
• Maintain awareness of industry, regulatory, jurisdictional, and other trends that could affect the business.
• Contribute to the creation, development and implementation of new products and solutions to accommodate the businesses continuous changing needs.
• Collaborate cross-functionally with operations staff, business users, project, and implementation managers to achieve desired and elegant solutions.

Required Skills & Experience

Are you getting excited? We are! Before we get too carried away, there are a few requirements you’ll need to check off before you can apply for the position:

• Internationally recognized professional accounting designation (CPA, ACCA, CA).
• Minimum 7 years’ post-qualification experience with a Big 4 accounting firm.
• Experience in auditing or preparing financial statements for investment-related entities under US-GAAP and IFRS.
• 5 years Fund accounting experience working with both Private Equity Funds and Hedge Funds.
• Experience and knowledge of the digital accounting Funds space is preferable.
• Knowledge of fund accounting software and expert use of Microsoft Office tools (Excel, Power Query, Power Automate).
• Proven track record of managing financial statement preparation teams and improving process efficiencies.
• Familiarity with complex financial instruments and investment funds.
• Experience serving a LATAM and US client base, particularly Brazilian clients.
• CFA/CA designation completed or a willingness to complete.
• Expertise with Geneva, Dynamo, Mantra, and other portfolio accounting systems.