Internal Audit & Financial Reporting Supervisor

HedgeServ Ltd; Ireland; On-site; EUR 50,000 - 70,000; Full time

Benefits offered by this job

Competitive compensation and benefits package

Paid vacation and sick leaves

HMO Coverage from Day 1

Professional development opportunities

Culture that rewards results

Job summary

HedgeServ Ltd in Ireland is seeking a Financial Reporting Supervisor to prepare financial statements for strategic clients, ensuring compliance with U.S. GAAP, IFRS, or Luxembourg GAAP. This role involves building relationships with Investment Managers and Auditors while managing the delivery timelines for financial reports.

The ideal candidate should have a Bachelor’s Degree in Accounting or Finance and 3-4 years of experience in audit or fund accounting, preferably in the asset management industry. A competitive compensation package is offered.

Qualifications

• 3-4 years of experience in audit, fund administration or fund accounting in asset management.
• Understanding of US GAAP and/or IFRS or Luxembourg GAAP.
• Experience in Big 4 audit firms is a plus.

Responsibilities

• Prepare financial statements in compliance with relevant regulations and GAAP.
• Develop template financial statements using financial reporting tools.
• Co-ordinate communications between Auditors, Investment Managers and HedgeServ.
• Resolve queries from Investment Managers and Auditors in a timely manner.

Skills

Excellent written and verbal communication skills

Strong IT skills, proficient at MS Office

Strong analytical and problem-solving skills

Attention to detail and well-organized

Education

Bachelor’s Degree in Accounting, Finance, Legal or Business

Certified Public Accountant (preferred)

Job description

The Financial Reporting Supervisor will be required to prepare financial statements across HedgeServ’s strategic clients in compliance with U.S. GAAP, IFRS or Luxembourg GAAP under the supervision and guidance of the Financial Reporting Manager and/or Financial Reporting Director. The Financial Reporting Supervisor 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.

Hybrid Working arrangements

May require spend time between working in the office and working from home.

Key Responsibilities

• Prepare 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 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
• Build a detailed personal knowledge of GAAP to understand the range of disclosures permissible under GAAP which best fit the ethos of the Investment Manager, and challenging the Auditors if required thereby adding value to the process from the Investment Manager’s perspective
• Build a detailed personal knowledge 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
• Ensure all Investment Manager and Auditor queries on the financial statements are resolved in a timely manner

General

• Ensure errors or problems are identified and investigated on a timely basis and elevate as required
• Ensure all work is delivered on schedule to meet agreed timelines
• Maintain positive relationships with business stakeholders

Qualifications

• Bachelor’s Degree in Accounting, Finance, Legal or Business graduate
• A Certified Public Accountant is preferred but not required
• With experience and understanding in US GAAP and/or IFRS or Luxemburg GAAP
• With at least 3-4 years of experience in audit, fund administration or fund accounting in asset management and investment fund industry (experience in Big 4 audit firms is a plus)
• Strong technical skills and attention to detail along with good knowledge of relevant accounting standards and regulatory requirements pertaining to the funds industry

Skills Required

• Excellent written and verbal and communication skills
• Take ownership of designated tasks
• 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 under pressure and to tight deadlines
• Ability to be flexible and work effectively both within a team structure and independently

Benefits

• Competitive compensation and benefits package including retirement plan
• Paid vacation and sick leaves
• HMO Coverage for you and your dependent from Day 1
• Professional environment with great development opportunities
• Work in a culture that rewards results