Senior Fund Accounting Manager

Quest Recruitment; Ireland; On-site; EUR 65,000 - 90,000; Full time

Job summary

Quest Recruitment is seeking a senior Fund Accounting Manager to lead multiple accounting teams responsible for NAV calculations, fund performance, expense allocation and client reporting. This role includes managing budgets and HR to meet unit goals.

You will oversee NAV determinations across funds and sectors, handle client relationships and escalated issues, and ensure GAAP/IFRS compliance and timely reporting. Recruiting and staff development are integral to the role.

Qualifications

• Bachelor's degree in accounting or equivalent.
• 5-7 years of total work experience with 1-3 years in management preferred.

Responsibilities

• Directs multiple Fund Accounting teams responsible for NAV, fund performance, expenses, and client reporting.
• Oversees financial and human resources for the unit to meet goals.
• Directs NAV determination for funds across sectors and measurement cycles.
• Manages client relationships and escalated issues related to fund calculations and accounting.
• Ensures disclosure accuracy in financial statements and adherence to policies.
• Provides guidance to teams on GAAP/IFRS implications and regulatory changes.
• Develops policy guidance for new regulations and reporting guidelines.
• Recruits, mentors and develops staff; collaborates with auditors to ensure accurate reporting.

Skills

Fund accounting

People management

GAAP/IFRS knowledge

Financial reporting

Education

Bachelor's degree in accounting

Job description

Summary of Role - full job description on request.

• Directs multiple Fund Accounting teams that are responsible for conducting accounting services on behalf of a broad array of assigned clients including determining net asset values, calculating fund performance, allocating expenses, and preparing reports.
• Responsible for the financial and human resources for the unit and ensures assigned teams are operating effectively to meet unit goals and objectives.
• Directs processes and allocation of resources in determining the net asset value (NAV) for assigned funds in multiple sectors for each measurement cycle.
• Manages relationships with a broad set of clients and resolves any unique escalated issues related to fund calculations and accounting.
• Directs and sets priorities for processes that check for the completeness and accuracy of disclosure in financial statements.
• Provides guidance to teams managed to ensure that accounting records are maintained in accordance with departmental policies and procedures. Resolves complex escalated issues from team members.
• Evaluates GAAP and/or IFRS rules to determine impact of new regulations on accounting practices.
• Develops strategy for and provides guidance to teams on the implementation of new policies to follow regulations.
• Implements and assists in setting guidelines, policies, and priorities for the drafting of financial reports for a broad set of clients to review fund performance. Communicates reports and complex accounting intricacies to clients.
• Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team.
• Oversees relationships with auditors and clients to make changes to financial reports and ensure they accurately depict fund performance.
• Manages multiple Fund/Client Accounting teams.
• Work is primarily accomplished through subordinate managers.
• Contributes to the achievement of multiple teams objectives

Required:

• Bachelors degree in accounting or the equivalent combination of education and experience is required.
• 5-7 years of total work experience and at least 1-3 years in management preferred.