Manager Fund Accounting, Fund Services

Permanent

Hybrid

Jersey, UK

 

Overview of role:                

The Manager, Fund Accounting will provide management and support to a Fund accounting team, servicing a portfolio of fund structures, in accordance with the relevant Client Services Agreements and the various laws and regulations pertaining to both the Fund structures and Group’s Licence.

The Key Responsibilities for the role are noted below and as a Manager you will also be expected to undertake any such duties that are deemed a reasonable requirement, for example, participating in any relevant projects that are related to the role.  In addition, you will be required to participate in business and social events organised for staff. 

 

Key Responsibilities:           

Alongside the Directors and Associate Directors/Senior Managers, provide leadership, management and control for an Administration Team as they complete day to day activities in managing and accounting for a portfolio of fund client entities; Meet financial targets in terms of budgeted chargeable hours, recovery rates and debtors; Delegate day to day team activities to an Assistant Manager(s) whilst retaining control and oversight to ensure tasks are being fully completed in a professional and timely manner; Ensure that the team is working cohesively, sharing information as necessary in order to provide a top-level client service; Hold regular Team Meetings to share pertinent information, discuss key projects and provide development opportunities across the team by means of staff development/mentoring in order to contribute to the teams technical and practical training skillset; With support from Assistant Manager(s)/Senior Administrator(s), review Team procedures and processes with the aim of achieving greater efficiencies as appropriate;  Be responsible for the oversight and review of accounting records maintained in relevant Intertrust systems to deliver consistency in client financial records and reports.  Updating colleagues on technical issues as appropriate; Be responsible for the accurate calculation, review and publication of Net Asset Valuations on a weekly, monthly or quarterly basis as appropriate;  Act as key point of contact for the submission of all accounts’ filings, as well as co-ordinating company liquidations including preparation of liquidation accounts;  Prepare where necessary and assist the team with the preparation of annual and six-monthly financial statements for administered entities; Assist in the audit process associated with client entities; Ensure fund administration procedures are followed/implemented in accordance with the Fund Administration procedures, ensuring application and timely completion of all checklists as required; Maintain awareness of CSC business strategy and provide suitable opportunities for Team members to learn about where the Group is going and to understand the strategies for getting there. To design and compile annual and periodic financial statements from system trial balance stage according to reporting entities’ accounting policies and relevant GAAP and regulatory requirements of relevant market authorities or other regulatory bodies that are accurate, comprehensive and consistent with each entities’ activities; To demonstrate a high level of technical ability as regards preparation of financial statements, preparing standalone and consolidated financial statements and ad-hoc reports as requested; Foster good relations between management and staff by demonstrating a strong communication ethos and to encourage staff to communicate effectively themselves and with all members of the team;  To keep up to date with all relevant accounting standards and maintain a high degree of technical knowledge to support the activities of the department’s client base; 

 

Experience, Skills and Qualifications required:       

Prior relevant experience gained in regulated finance or professional services with most recent position at Assistant Manager/Manager level; Must be able to demonstrate sound management experience; Drive development by using all learning and development resources available;  Solid understanding of IFRS and FINMA accounting standards; ACCA qualified; and Sound IT technical skills.

 

 

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