ED - Financial Reporting - Global Fund Services - Investment Bank

Opening - ED Financial Reporting-Global Fund Services

The Financial Reporting ED will be responsible for providing direction and leadership in coordinating and monitoring financial reporting activities to ensure on time and accurate creation, review and delivery of financial statements, client and regulatory reports. Work with partners and local senior management to ensure all deliverables are met on time and as per agreed service level agreements and regulatory deadlines. To manage team of 60+ through 3-4 VP who would be directly reporting to the ED.

Location - Mumbai

Company - Leading Investment Bank

Role & Responsibilities:

The candidate should have 13+ years or more experience in a fund accounting/ financial reporting/financial statement audit environment and will have experience in financial statement preparation & review from both a detail and quality perspective including application of IFRS and US GAAP. The candidate should ideally have experience in management of large teams and should be a CA /CPF/MBA (Finance).

Main Duties and Responsibilities:

- Leading the team and providing guidance to VPs and staff on treatment of complex financial transactions in a post NAV scenario to ensure proper identification in financial statements and responsible for delivering it accurately on time. Financial reporting will consist of Portfolio of Investments and Financial statements for Mutual / hedge funds under various GAAP (US GAAP/ IFRS/ UK SORP)

- Oversee and manage end to end audit planning with extended internal teams and partner locations globally & understand financial reporting product offerings & client SLA requirements

- Perform final quality and analytical review of financial statements including number & note disclosures to a standard required for external client delivery

- Expected to be completely hands on while overseeing the production of the Fund's quarterly, semi-annual, and annual reports to partners that are filed with the regulators along with be-spoke client & regulatory reporting

- Acting as the primary contact for inquiries from partner sites / clients requests and ad hoc projects on financial reporting issues & ensure MIS and escalations are completed in a timely manner to senior management team locally and in partner sites

- While running risk and control agenda, to actively participate in audits with multiple departments and responding to internal and external inquiries

- Assisting in developing and adjusting department procedures, systems enhancements and achieving department's efficiency goals apart from maintain and tracking SLA- s/KPI and provide updates in governance calls

- Coaching, developing and mentoring staff including formal objective setting, performance reviews and providing ongoing and regular feedback

- To establish rapport and work with local and global senior management teams across multiple geographies to drive various technology & operations projects

- To be part of and drive all the people related initiatives to be able to eventually manage process and client level management

- Manage team meetings and run problem solving and idea sessions around change

Skills & Experience:

- Preferably qualified Chartered Accountant / MBA finance having at least 13 years of experience in Financial Services industry / (financial reporting activities / Fund accounting/ Audit ) in a service delivery model.

- Strong technical understanding of the investment industry including a overview of various regulatory requirements and accounting standards in particular SEC regulations, US GAAP, IFRS & AIFMD. Knowledge of legal and tax issues impacting financial reporting activities.