Senior Consultant (FS and Fund Acctg exp)

Northern Trust; Philippines; On-site; PHP 1,800,000 - 3,200,000; Full time

Job summary

Northern Trust is seeking an experienced hedge fund accounting leader in the Philippines to oversee NAV calculations and financial statement preparation for hedge fund clients. You will interact with clients and various internal teams to understand funds activities and drive accuracy across reporting processes.

You will work with external auditors to ensure the integrity of annual statements while contributing to building a high-performance team through mentoring and recruiting.

Qualifications

• 10+ years of experience in hedge fund accounting, fund administration or financial operations.
• Comprehensive understanding of hedge fund operations, NAV calculations, capital activities, and financial reporting.
• Knowledge of IFRS or US GAAP.

Responsibilities

• Lead end-to-end NAV calculations and financial statement preparation for hedge fund clients.
• Prepare financial statements for funds and interact with clients and Hedge Fund Services teams.
• Collaborate with external auditors to ensure accuracy of annual financial statements.
• Mentor and recruit to build a high-performance team.
• Interact with clients and other teams to understand funds activities.

Skills

Communication skills

Industry knowledge

Hedge fund operations

PeopleSoft

Education

Bachelor's degree

ACCA

Tools

PeopleSoft

Job description

• 1. Review of monthly fund and business entity closing summaries.
• 2. Report and analyze financial data to be disseminated to our clients and their investors.
• 3. Close monthly books and records of the funds to general final performance figures.
• 4. Interact with clients and other Hedge Fund Services teams to obtain understanding of funds activities.
• 5. Prepare financial statements for funds.
• 6. Work directly with external auditors to ensure accuracy of each funds annual financial statements.
• 7. Assist in building a high-performance team through learning, development, mentoring and recruiting.
• 8. Operates independently; has in-depth knowledge of business unit / function.
• 9. As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
• 10. Carries out activities that are large in scope, cross-functional and technically difficult.
• 11. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
• 12. Strategic in developing, implementing and administering programs within functional areas.
• 13. Lead the end-to-end delivery of NAV calculations and financial statement preparation for hedge fund clients, acting as the primary subject matter expert and escalation point for operational and client-related issues.

Knowledge

• Excellent oral and written communication skills are required
• In-depth Functional / Industry Knowledge is required
• 10+ years of experience in hedge fund accounting, fund administration or financial operations.
• Comprehensive understanding of hedge fund operations, NAV calculations, capital activities, and financial reporting.
• Knowledge of accounting standards such as IFRS or US GAAP
• Highly flexible and adaptable to change
• Technical skills / systems knowledge (e.g. Peoplesoft) is required

Experience

• A College or University degree and/or relevant proven work experience is preferred
• Related Industry qualification (e.g. ACCA) is preferred