Senior Accountant, Nav Oversight

Company Description IQEQ is a preeminent service provider to the alternative asset industry IQEQ works with managers in multiple capacities ranging from hedge fund private equity fund and mutual fund launches private equity fund administration advisory firm set-up regulatory registration and infrastructure design ongoing regulatory compliance SEC CFTC and 40 Act financial controls and operational support services compliance and operational related projects and reviews and outsourced CFO controller and administration services to private equity fund investments - portfolio companies real estate assets and energy assets Our client base is growing and our existing clients are engaging the firm across the spectrum of our services offerings To provide and ensure the timely and high-quality service and deliverables to the cluster clients for funds and or corporate clients allocated to you on a regular basis Concentrates on creating collaborative relationships and delivering consistent results by planning and prioritizing to meet work commitments Expected to perform review of core processes complex ad hoc work and all other client requirements Provides consistent feedback on accuracy and timeliness of outputs made by the Accountants and Jr Accountants Responsible in assisting in the review and or preparation and completion of NAV and Financials of the private equity funds that include recording journal entries preparing monthly quarterly annual financials processing payments preparing investor notices and various client reporting Responsible in assisting in the review and or preparation and completion of capital call and distribution workings along with notices and release to respective investors To facilitate and assist with conversion of Private Equity Funds from other accounting applications to Investran To facilitate and assist with onboarding new Private Equity Funds in the accounting platform Investran Paxus This entails assisting in the review and or preparation of all reporting requirements such as but not limited to financial statements working papers management accounts partner statements and ad-hoc client deliverables To facilitate and assist in various accounting and administration processes and conduct all work in accordance with IQ-EQ India Global Client Delivery s policies and procedures Core Responsibilities Working closely with Net Asset valuation NAV team Review the reports prepared by the NAV team Handling the liaison administration activities Responsible for the review of Financial Statements with Disclosures NAV reporting and other ad-hoc service requests for funds and or corporate clients Responsible for the preparation of complex reporting requirements when necessary Manages and ensures the timely and accurate deliverables of Accountants and Junior Accountants Acquire knowledge and to become SME s of designated clients requirements and deliverables Ensures and champions compliance by following procedures and checklists following SSAE and other similar statutory requirements Proactively seeks adequate training feedback and support in both technical and non-technical aspects of the role Assist in the development of the technical competencies of Accountants and Junior Accountants through providing feedback on their deliverables To be able to effectively communicate and relate with the various stakeholders of the team Submits cluster client requirements after thoroughly being reviewed Tasks Duties Cluster Client Delivery Acquires and shares knowledge and understanding of the clients agreements Scope of Work SOW SLA s and other necessary information needed to review and or prepare deliverables To confirm the complete information data and supporting documents are received for the review preparation of the needed requirements To escalate and to request from the cluster counterparts any missing information Delivers consistent and quality information within the agreed timeframes Coordinates with the cluster the deadlines and any changes of deliverables then plans and assigns the workload to the team Prepare completely review and ensure the quality of the assigned clients deliverables within the agreed timelines To be knowledgeable with the components of the reports generated by the appropriate platform s when necessary Reviews the reports generated by Accountants and Junior Accountants To be able to review outputs and all other deliverables prepared Ensures review comments have been addressed To address review comments of complex clients Ensures that the team takes full ownership prepares and replies to cluster Client Investor s queries within 24 hours Escalates any job-related issues and concerns to the appropriate authorities in a timely manner Provides support to the rest of the team and other teams as needed To act as an alternate for Assistant Managers based on business needs Communicates review comments to the team and then follows up to address pending comments for preparers Assists the Assistant Manager in gathering and organizing the information needed for the quarterly debrief meeting with the cluster to review the team s performance This includes consolidating review comments and action points to watch out for the following quarter Decides on proper treatment for transactions when differences in points of view arise then escalates recommendations to appropriate authorities as needed Workflow Management Ensures timesheets are completed daily and accurately filed for all hours worked Reviews and approves the timesheets of their team Junior Accountants and Accountants and ensures they are completed daily and accurately filed for all hours worked in a timely manner Reviews and pre-approves filed overtime of their team Junior Accountants and Accountants Assigns sets up monitors updates all deliverables via the workflow planner in a timely manner for the team Systems Understands and uses best practice on accounting platform s Understands and becomes knowledgeable on how to generate reports using reporting platform s Risks Ensures relevant procedures checklists and SSAE requirements are adhered to and completed to mitigate errors Reports any breaches complaints or errors to appropriate authorities in a timely manner Prepares the error reports identifies the areas of operational risk and participates in proposing appropriate remedial actions within 24 hours of identifying the error Responsible for ensuring action items are addressed in a timely manner Drafts error reports compliance cases by collecting information on the root cause then proposes the corrective actions and preventive measures in a timely manner Other May undertake any additional tasks and or responsibilities as part of their professional development which may or may not be related to their specific function Escalates any other work-related issues and concerns to the appropriate authorities in a timely manner Key behaviours we expect to see In addition to demonstrating our Group Values Authentic Bold and Collaborative the role holder will be expected to demonstrate the following Customer Focus - Building strong customer relationships and delivering customer-centric solutions Interpersonal Savvy - Relating openly and comfortably with diverse groups of people Plans Aligns - Planning and prioritizing work to meet commitments aligned with organisational goals Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences Manages Conflict - Handling conflict situations effectively with a minimum of noise Self-Development - Actively seeking new ways to grow and be challenged using both formal and informal development channels Organizational Savvy - Manoeuvring comfortably through complex policy process and people-related organisational dynamics Demonstrates Self-Awareness - Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses Action Oriented - Taking on new opportunities and tough challenges with a sense of urgency high energy and enthusiasm Being Resilient - Rebounding from setbacks and adversity when facing difficult situations Qualifications Education professional qualifications Graduate of accounting or any business-related course with 4 years relevant accounting experience At least one 1 year supervisory experience Sound knowledge of IndAS IFRS and GAAPs of different jurisdictions US UK and Lux Reviewing and or preparation of Financial Statements using applicable laws and regulations Fluency in English and an additional foreign language Background experience Experience with managing service operations and client deliverables Experience in managing staff and or conducting appraisals Sound operational experience in fund accounting services is expected preferably in handling private equity Technical Actual work experience in the preparation and or review of working paper files financial statements with disclosures and other financial information Computer program knowledge Intermediate Excel skills such as pivot tables lookup if and other similar functions Experience in e-mail word processing and video conferencing applications such as Microsoft Office Effective written and advanced verbal communication skills Experience in using accounting software Investran software is desired Desired Completed Certified Public Accountant ACCA qualification Experience working in Financial Services or Shared Services office environment Experience working in a multinational office environment Open to travel and other secondment opportunities abroad University Degree in Accountancy and other accounting-related courses