Fund Accounting Manager

Sydney

Asset Management

Permanent

Our client is a global funds business seeking to appoint an experienced senior financial fund accountant to manage their fund accounting team as an Account Manager

Ideally you will be CPA/CA qualified, have previous direct statutory accounting, distribution calculation, tax, financial reporting, strong funds management product knowledge and have previous direct supervisory experience.

Responsibilities:

• The Fund Accounting Team is responsible for the various accounting, financial reporting, unit pricing and tax processes for all portfolios and some individual client mandates. You will be able to prepare all relevant deliverables and assist with various ad hoc tasks/projects as well as managing the relationship with both internal clients and external parties

Accounting and Financial processes:

• Timely and accurate preparation of monthly accounts reconciling the Hiportfolio General Ledger to Hiportfolio Investment System
• Timely and accurate preparation of financial statements and half year financial reports
• Timely and accurate calculation of management and custody fees.
• Timely and accurate completion of ABS statistical reports, ASIC and APRA return
• Timely and accurate reporting of quarterly accounting information for individual mandate
• Learning the unit pricing process and covering their duties during annual, sick and study leave.

Tax processes:

• Timely and accurate preparation and eventual review of income tax returns with the objective of becoming the owner of this process.
• Timely and accurate calculation of distributable income for the quarterly and year-end distribution process.
• Timely and accurate calculation of PAYG installments and income tax provisions
• Timely and accurate reporting of quarterly tax information for individual mandates
• Timely and accurate preparation and eventual review of quarterly BAS returns with the objective of becoming the owner of this process.
• Development of tax policies and procedures

Requirements

• Managerial experience within a fund accounting function
• 5+ years of direct financial reporting experience
• Sound technical accounting skills (degree qualified and preferably completed/completing CA or CPA).
• Knowledge of Funds Management Industry either via direct experience or consulting to Funds Management clients a prerequisite.
• Demonstrated risk awareness particular to issues involved in Trust Accounting.