Head of Financial Reporting - Abu Dhabi
Please do not apply for this role if you are not a Qualified accountant and do not have alternatives experience, and have not got Asset Management / Investment Management or SWF experience and 15 years of relevant experience.
Provides leadership, direction and management of the finance and accounting team.
Establishing and developing relationships with senior management and external partners and stakeholders.
Exercises financial authority at the level established by management for the position.
Ensure compliance with all rules and regulations issued by financial authorities in the UAE and in jurisdictions where the firms or its' SPVs operate.
Reviewing and approving all formal finance related procedures.
Recommends changes to existing procedure to improve accuracy and efficiency of work activity. Active involvement in committees that are set to review and/or implement financial systems and procedures.
Appoints third party service providers as per standard vendor selection and approval process; supervises and monitors the quality of their services and deliverables as per stated KPIs.
Directs and supervises the preparation of financial statements for the firm and its' SPVs, in all jurisdictions.
Ensures that all financial and accounting transactions relating to the various investments of the firm are properly recorded in the General Ledger. Includes ensuring that all transactions are properly completed, and accounting entries are timely posted.
Provides requested information to parent organization within required timelines. Coordinates throughout the year with the parent organization and subsidiaries to ensure there are no surprises during the year end audits.
Answers audit exceptions related to his area of financial accounts.
Responsible for all fund accounting functions.
Ensures appropriate valuations are carried within accounting records at all times.
Provides overall supervision over reconciliation activities. Includes analysing and following up on difference in reconciliations between the firms accounts and third parties and resolving such differences, reviewing reconciliations of accounts and weekly and monthly accounts with Portfolio Managers.
Provides all requested reporting to the organization including cash forecasts, liquidity positions, management and performance fee reporting, foreign exchange exposure, etc.
Responsible for data integrity of all information stored within the firm with respect to the finance function.
Reviews, authorizes and approves payments for management and performance fees. Constantly reviews and forecasts future information technology requirements, and appropriately presents this to senior management.
You must be a qualified accountant, have adegree in Accounting/ Finance and preferably have a CFA qualification
You must also have a min of 15 years experience within Finance and Control
Knowledge of Fund Accounting and NAV
Knowledge of illiquid asset classes