Assistant Manager, Fund Accounting

Company Description

ABOUT IQ-EQ
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. 
We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top 15 private equity firms.
Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.
Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 
We’re driven by our Group purpose, to power people and possibilities.

Job Description

Job Summary:

The primary technical expert responsible for ensuring excellence in complex fund accounting services 
through expertise and final review authority. This role serves as the ultimate subject matter expert for 
the team on complex accounting matters, leading technical decisions and process innovations while 
providing authoritative guidance on sophisticated client portfolios and advanced accounting modules.
 

Core Responsibilities:

• Serve as ultimate technical authority at a team level, for complex accounting matters
• Provide final review of sophisticated accounting deliverables
• Drive technical excellence and innovation in accounting processes
• Lead development of technical standards and methodologies within the team
• Ensure compliance with relevant accounting standards, statutory requirements, and internal 
  policies
• Establish and maintain technical best practices
• Liaise with internal stakeholders (cluster), addressing queries and issues
• Guide technical development of team members through client specific training, coaching and 
  feedback
• Function as primary technical expert for client specific information across the fund segment 
  including BOLT On, PE Advanced and related products and services.
 

Tasks:

• Review and sign off on complex financial reports, ensuring adherence to client agreements and                 regulatory requirements
• Oversee the preparation and review of NAV calculations, capital calls, distributions, and investor 
  communications
• Document exceptions and prepare error reports 
• Coordinate with cluster partners or clients on deadlines and deliverables, planning and 
  assigning workload within the team
• Represent the team in cluster/client meetings and internal discussions
• Address complex client issues and transactions, making decisions on proper treatments and 
  escalating when necessary
• Review and approve standard operating procedures before deploying to team members for 
  usage
• Monitor and ensure the resolution of all review comments and queries within agreed timeframes
• Draft and review error reports and compliance cases, proposing corrective actions and 
  preventive measures
• Stay updated on new methodologies, standards, and regulations, ensuring their application 
  within the team
• Track work progress through timesheet completion 
• Participate in required training programs
• Perform other related duties as assigned for role and business needs

Qualifications

Educational Background:
• Bachelor’s degree in Accounting or a related field & ACCA Qualified or ACA would be an 
advantage
Professional Experience:
• 6+ years of experience, with a minimum of 4 years in fund accounting

Skills and Key Behaviours:

In addition to upholding our Group Values (Authentic, Bold, and Collaborative), the role holder will be 
expected to demonstrate the following:
• Comprehensive knowledge of accounting standards, statutory requirements, and regulatory 
   frameworks
• Expert in final review and sign-off of complex financial reports
• Proficient in using advanced accounting systems
• Skilled in developing, reviewing, and approving technical standards, methodologies, and 
  standard operating procedures (SOPs)
• Experienced in error reporting, compliance case management, and implementing corrective and 
  preventive measures
• Expertise in addressing complex client issues, ensuring adherence to client agreements, and 
  escalating when necessary
• Capable of planning and assigning workload while ensuring timely resolution of review 
  comments and queries
• Coaching skills to guide team members in technical development through training, group 
  discussions, and feedback
• Exceptional communication and interpersonal skills to liaise effectively with internal 
  stakeholders and cluster partners
• Proactive and detail-oriented, ensuring compliance and technical accuracy across all 
  deliverables
• Innovative mindset with a focus on process improvement and staying updated on new 
  methodologies and standards

Additional Information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

As a forward-looking business, sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful, long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,500+ employees - from 94 nationalities, speaking 41 languages across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support female managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.