Financial Reporting Manager

Tekshapers; Philadelphia (Philadelphia County); On-site; USD 110,000 - 150,000; Full time

Job summary

Tekshapers in the United States seeks a senior administrator supervisor to lead a team delivering accounting, administration, financial reporting and regulatory reporting for investment companies and advisers.

You will act as a trusted advisor to clients, assess evolving strategies, and steer issue resolution while identifying risks through data reviews and proactive mitigations.

Qualifications

• Bachelor's degree in accounting, finance or related field, or equivalent experience.
• Five to seven years of experience in the alternative investments industry.

Responsibilities

• Supervise a team of administrators providing accounting, administration, financial reporting and regulatory reporting services to investment companies and advisers.
• Act as trusted advisor to clients by continually assessing business strategies and providing expertise to grow investments.
• Identify risk-related issues through data review and drive mitigation and process improvements; escalate and resolve client needs.
• Review accounting and financial statement information for audits and tax reviews; set up accounting principles for unusual investments and complex expense/incentive fee calculations.

Skills

Leadership

Team management

Communication

Financial analysis

Education

Bachelor's degree in accounting, finance or related field

Tools

Microsoft Office

Advent applications

Confluence

Portfolio accounting software

Job description

Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.

Job Description

Supervises a team of administrators who are responsible for providing accounting, administration, financial reporting and regulatory reporting services to investment companies (including, but not limited to, hedge funds, private equity funds, CLOs etc.) and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions. Reviews the accounting and financial statement information provided for audit and tax reviews, documentation and set-up of the accounting principles for unusual investment types, and set-up/processing of complex expense and incentive fee calculations and reconciliation items.

Basic Qualifications

• Bachelor's degree in accounting, finance or related field, or equivalent experience
• Five to Seven years of experience in alternative investments industry either at a fund, an administrator or at Big Four / Midsize public accounting firm doing fund audits.

Preferred Skills/Experience

• Working knowledge of Microsoft Office products
• Thorough knowledge of Advent applications preferred
• Thorough knowledge of the Confluence financial reporting platform preferred
• Thorough knowledge and understanding of portfolio accounting and the investment management industry
• Excellent verbal and written communication skills
• Proven team-oriented, leadership and organizational skills