Manager, Global Capital Markets Group (GCMG)

Deloitte LLP; City Of London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A global professional services firm located in London is seeking a Manager to join their GCMG practice. The role involves assisting in US and non-US transactions, providing guidance on PCAOB standards, and delivering trainings on IFRS and US GAAP. Candidates should possess knowledge of US GAAP and be proactive problem solvers. This position offers a hybrid work model, providing flexibility alongside professional growth opportunities.

Benefits

Flexible working hours

Professional development opportunities

Hybrid working model

Qualifications

• Knowledge of IFRS and PCAOB auditing standards required.
• Experience with SEC reporting is a plus.
• Ability to adapt well in ambiguous situations.

Responsibilities

• Assist in US and non-US transactions reviewing offering documents.
• Provide assistance in implementing SOX compliance programs.
• Develop and deliver IFRS and US GAAP trainings.

Skills

Knowledge of US GAAP

Knowledge of PCAOB auditing standards

Ability to research technical accounting issues

Team player

Strong organizational skills

Highly motivated to grow

Education

Certified Public Accountant or equivalent

Job description

Overview

GCMG is a group of highly talented, diverse and motivated partners, directors, senior managers and managers who assist teams in the UK and throughout Europe who are performing audit and assurance services to foreign private issuers (FPIs) and other companies accessing the U.S. capital markets. We partner with audit teams throughout U.S. IPO and 144a processes through review of financial statements, prospectus/offering memorandums and other SEC filings and assist with the comfort letter process. We also provide guidance on PCAOB auditing requirements, including consideration of internal controls for integrated and non-integrated audits, the application of IFRS and US GAAP, and U.S. Securities & Exchange Commission (SEC) financial reporting requirements. With regard to annual reports filed with the SEC, GCMG is responsible for performing filing reviews pursuant to Appendix K – SEC Practice Section Member Firms with Foreign Associated Firms that Audit SEC Registrants, as adopted by the PCAOB. Our role primarily involves the review of financials statements and underlying audit documentation for significant accounting, financial reporting and independence matters, as deemed necessary.

In addition to overall project management, we can assist with US GAAP/IFRS financial statement conversions, guidance on complex accounting matters, and assessments of the impacts of new accounting standards.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make everyday. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, fostering inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Connect to your opportunity

This position requires occasional travel both within the UK and internationally. GCMG professionals will gain extensive experience with IFRS, US GAAP and related technical issues, as well as hands-on experience with cross-border transactions involving the U.S. SEC and international regulators.

As a Manager within GCMG practice you will have responsibility for:

• Assisting in US and non-US transactions to help clients successfully navigate through the offering process, including reviewing and drafting offering documents;
• Drafting letters required for US and non-US transactions, including engagement letters and SAS 72 or SAS 72 look alike comfort letters;
• Providing assistance to Deloitte audit teams in the application of PCAOB auditing standards;
• Understanding major GAAP differences and performing GAAP conversions;
• Understanding SOX internal controls and providing assistance to clients in implementing SOX compliance programs;
• Developing and delivering internal and external IFRS, US GAAP and SEC Regulations trainings to other member firms as well as potential and existing clients; and
• Consulting on technical issues under both IFRS and US GAAP.

Connect to your skills and professional experience

Technical skills:

• Knowledge of US GAAP and/or IFRS (preferable, there is learning on the job!);
• Knowledge of PCAOB auditing standards;
• Experience with applying PCAOB auditing standards;
• SEC reporting experience through 10-Ks, 20Fs or other SEC forms and an understanding of the SEC S-X and S-K rules, interpretations and application preferred, but not required;
• Experience with comfort letters preferred, but not required;
• Ability to research technical accounting issues under both US GAAP and IFRS; and
• Certified Public Accountant, Chartered Accountant, or equivalent.

Other Skills:

• Highly motivated to grow and develop professionally;
• Team player;
• Ability to adapt well in ambiguous situations;
• Maturity and confidence;
• Proactive in anticipating, elevating and solving problems;
• Ability to appreciate and work in a dynamic environment with multiple cultures and personalities;
• Strong organizational and project management skills;
• Flexible approach to managing your schedule and shifting priorities; and
• Ability to work in an intense, and fast-paced, transaction environment.

Connect to your business - Audit & Assurance

We know it’s not just about the numbers. Often, we let the technology take care of those. It’s about the creative and collective thinking of our people. That’s where the true insight is found. We’re redefining the future of audit. Come join us.

Audit

Our independent audits help to build trust and confidence, equipping the companies we audit and their stakeholders to make better informed decisions based on meaningful information. By combining the latest audit tools, technologies and procedures to deliver high quality audits, we’re able to deliver work we are truly proud of.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

“I assumed the culture would be very corporate, however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves.”- Alice, Audit & Assurance

“Innovation is at the heart of everything we do, so we’re using the latest technologies to constantly improve how we deliver our projects and bring insights to our clients. It means I’m always learning.” - Gurpal, Audit & Assurance

“The team is very supportive of flexible hours and hybrid working, which makes my life as a working parent a lot easier. I can plan my day and meetings around the time that I need to be attentive to my children. I really appreciate how inclusive and respectful everyone is to different personal circumstances. “- Alva, Audit & Assurance

Our hybrid working policy

You’ll be based in London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers