Internal Audit & Financial Reporting Manager

ACCA Careers; Dublin; Hybrid; EUR 75,000 - 110,000; Full time

Benefits offered by this job

Private medical insurance

Pension scheme

Life insurance

Employee Assistance Programme

Annual holiday entitlement

Professional membership reimbursement

Study support

Job summary

HedgeServ’s IA & FinRep department in Cork and Dublin seeks an Internal Audit & Financial Reporting Manager to prepare financial statements for HedgeFund clients in US GAAP, IFRS or Luxembourg GAAP, under supervision of a Financial Reporting Director.

You will build relationships with Investment Managers and Auditors, chair weekly calls, develop reporting templates, resolve GAAP queries, and ensure timely delivery while applying knowledge of AIFMD, UCITs and regulatory requirements across global

Qualifications

• Bachelor’s degree in Accounting, Finance or Economics (2.2 min).
• Qualified Accountant (ACA/ACCA/CIMA) with 2+ years post-qualification experience.
• Strong knowledge of US GAAP and/or IFRS.
• Experience with hedge funds/audits is preferred.

Responsibilities

• Prepare or review financial statements for HedgeServ’s strategic clients in US GAAP, IFRS or Luxembourg GAAP.
• Coordinate year-end financial statement process and respond to queries from Investment Managers and Auditors.
• Chair weekly calls with Auditors and Investment Managers and manage reporting timelines.
• Develop templates and provide technical input on accounting interpretations.

Education

Accounting/Finance/Economics degree (2.2 min)

Tools

MS Office

Job description

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance. Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach – led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services. We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation. Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Department Overview

HedgeServ’s IA & FinRep department is expanding in both Cork and Dublin. This department works with some of the most complex hedge funds in the industry, collaborating with its clients to provide a unique technology driven service offering to deliver a streamlined financial reporting solution. The team provides expertise in U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Luxembourg GAAP and local regulatory requirements, specifically for HedgeServ’s strategic clients.

Job Description

An Internal Audit & Financial Reporting Manager will prepare financial statements across HedgeServ’s strategic clients in compliance with U.S. GAAP, IFRS or Luxembourg GAAP under the supervision and guidance of a Financial Reporting Director. The Financial Reporting Manager will ensure the timely and accurate delivery of financial statements, whilst building relationships with Investment Managers and Auditors, as well as colleagues across multiple global offices.

Key Responsibilities

Financial Reporting

• Prepare or review financial statements including primary statements and all note disclosures ensuring they are drafted in accordance with:
• the regulations of the fund domicile
• the relevant GAAP of the Fund, primarily US GAAP, IFRS or Luxembourg GAAP
• the constituting documents of the fund (prospectus / offering memorandum)
• Investment Manager and/or Auditor instructions
• Develop template financial statements utilizing both the HedgeServ Financial Reporting tool and using a third party bespoke financial reporting application
• Co-ordinate and chair weekly call between the Auditors, Investment Manager and HedgeServ, tracking the status of the financial reporting project to agreed milestones on the timetable and resolving ad-hoc Investment Manager and Auditor queries in relation to GAAP or local regulations
• Develop detailed knowledge of GAAP and relevant regulations of GAAP to understand the range of disclosures permissible under GAAP which best fit the ethos of the Investment Manager, and providing technical input and engaging with auditors on accounting interpretations where required thereby contributing to the financial reporting process from the Investment Manager’s perspective
• Develop detailed knowledge of GAAP and relevant regulations of regulations (e.g. AIFMD, UCITs, and CFTC) to understand the range of disclosures permissible under the legislation which best fit the ethos of the Investment Manager
• Coordinate the year-end financial statement process and ensure all Investment Manager and Auditor queries on the financial statements are resolved in a timely manner
• Research queries on GAAP and Regulations and prepare a summary memo for circulation to HedgeServ employees

General

• Identify and investigate errors or issues in a timely manner; provide guidance for solutions to resolve
• Review the work of others and ensure all work is delivered on schedule to meet agreed timelines
• Maintain positive relationships with business stakeholders

Requirements

Education

• Accounting, Finance, Legal or Business Degree – Min 2.2

Experience

• A Qualified Accountant (ACA/ACCA) who has completed a 3 or 4 year training contract with an audit firm specializing in the audit of Hedge Funds with a minimum of 2 years post qualified experience
• A Qualified Accountant (ACA/ACCA/CIMA) who has completed a 3 or 4 year training contract with a Fund Administration firm specializing in financial reporting for Hedge Funds with a minimum of 2 years post qualified experience
• Strong technical skills and attention to detail along with good knowledge of relevant accounting standards and regulatory requirements pertaining to the funds industry
• Bachelor’s degree in Accounting, Finance or Economics (2.2 min)
• Detailed knowledge of US GAAP and/or IFRS
• In-depth knowledge developed across audit and financial statement review, obtained from either audit engagements in an audit firm or within another financial institution

Personal Skills

• Provide guidance, support, and development for team members
• Take responsibility for assigned tasks
• Strong leadership skills
• Strong IT skills, proficient at MS Office (Excel, Word and PowerPoint)
• Excellent interpersonal, verbal and written communication skills
• Strong analytical and problem-solving skills
• Strong attention to detail and well organized
• Ability to work effectively in a time-sensitive environment with defined deadlines
• Ability to be flexible and work effectively both within a team structure and independently
• Demonstrate professional standards and behaviours aligned with company values

Benefits

• Full private medical insurance
• Permanent health insurance/income protection as well as Life insurance
• Defined contribution pension scheme with competitive employer contributions
• Employee Assistance Programme available to you and your immediate family
• Competitive annual holiday entitlement
• Annual professional membership fee reimbursement
• Club/gym subsidy
• Discretionary annual bonus scheme
• Employee Referral ProgramRemote/hybrid working opportunities, or from the office
• Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
• Sports and Social Club