Accountant 1, Fund Accounting

Job Description

Job Summary

• To provide and ensure the timely and high-quality service and deliverables to the cluster clients for fund and/or corporate clients allocated to you and your team.
• Main person who is accountable, has ownership of deliverables.
• Concentrates in engaging and developing teams and individuals. 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 their team.
• This entails assisting in the review and/or preparation of all/and complex reporting requirements, such as but not limited to financial statements, working papers/ management accounts, partner statements and ad-hoc client deliverables.
• Spends most of the time in driving results based on the KPIs (ex. Quality and Timeliness, Error Report, Increased Productivity and Lowers Overtime, among others) and optimizing the work performance of the team.
• To assist in various accounting and administration processes pf complex clients and conduct all work in accordance with IQ-EQ's policies and procedures.
• As a supervisor, the Assistant Manager leads, organizes, coordinates, develops, monitors the performance, delegates tasks and responsibilities to team members.

Tasks

• Acquires and shares specialized knowledge and understanding of the clients’ agreements, Scope of Work (SOW), SLA’s and other necessary information needed to review and/or prepare deliverables.
• Confirms that the complete information, data and supporting documents are received for the review/preparation of the needed requirements, then escalates and requests from the cluster counterparts any missing information.
• Ensures the delivery of consistent and quality information within the agreed timeframes of the team.
• Coordinates with the cluster the deadlines (and any changes) of deliverables then plans and assigns the workload within the team in cooperation with the Manager. Facilitate the request for support from peers, as needed.
• Prepare (if needed), 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 the team and be able to review outputs and all other deliverables prepared (Self Review).
• Monitors all review comments for all clients have been addressed.
• Ensure protections of information assets of IQEQ Shared Services Ltd and abide by the ISMS in place by self and team members. Ensure procedures in place are fully adhered by all in the team, interalia but not limited to, IQ EQ group procedures, appropriate checklist are diligently completed/reviewed, mandatory training are completed on time, etc.
• Monitors that their team takes full ownership and replies to cluster/Client/Investor’s queries within 24 hours.
• Addresses any job-related issues and concerns in a timely manner and escalates to the appropriate authorities, as needed.
• Communicates review comments to the team and then follows up to address pending comments for preparers.
• Monitors and oversees the interpretation of the requirements of the client and in some instances, does the research and validates in the absence of an Accountant.
• Drafts error reports/compliance cases by collecting information on the root cause then proposes the corrective actions and preventive measures in a timely manner.
• Gathers and organizes the information needed for the regular debrief meeting & CRB 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 the proper treatment for transactions when differences in points of view arise, and escalate recommendations to appropriate authorities, as needed.
• Decides on escalated recommendations and, if necessary, escalates to SMEs/Manager or technical team.
• Standardizes and optimizes the efficiency of the process of their funds.

Responsibilities

• Responsible for preparation & review of Financial Statements with Disclosures and other ad-hoc service requests for complex funds and/or corporate clients, as agreed with Manager
• Responsible for the preparation of complex reporting requirements, when necessary.
• To ensure service excellence and manages/ensures the timely and accurate deliverables of the team.
• Acquiring knowledge to be the specialist of designated clients' requirements and deliverables."
• Will work closely with the Principal/ the immediate reporting line who will set training & development goals that best cover their needs for all staff
• Will have to ensure delivery same through on the job training and coaching"
• Ensure and champion compliance of following procedures and checklists including for SSAE, ISO, IQEQ procedures and other similar statutory requirements.
• Provides guidance and coaching to the team in both technical and non-technical aspects of their role.
• Seeks knowledge and expertise for their own professional development.
• Initiates the development of the technical competencies of their teams by providing feedback on their deliverables and endorsing them to the appropriate learning & development activities.
• Directly liaises with the cluster counterparts of issues and potential solutions, upcoming deliverables, and the progress thereof, queries and other dependencies to carry out the work.
• To be able to effectively communicate and relate with the various stakeholders of the team.
• Submits cluster client requirements after thoroughly being reviewed.
• To act as an alternate for Managers based on business needs which may include cluster client responsibilities, administrative tasks and team management.

Key competencies for position and level

• Resourcefulness
• Directs work
• Builds networks
• Optimises work processes
• Communication Skill - Advance
• Develop talents
• Analytical Skill- Advance
• Management & Leadership skills- Intermediate
• Industry Knowledge - Intermediate
• Time Management - Advance
• Review Skills - Intermediate
• Planning skills - Intermediate