Financial Reporting Associate - Fund Accounting Financial Reporting Associate - Fund Accounting …

Phoenix Global Search Pte Ltd
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 30 Nov 21
300,000 - 400000
Phoenix Global Search Pte Ltd
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 30 Nov 21
300,000 - 400000
Posted by:
Kyle Blockley • Managing Director
Posted by:
Kyle Blockley
Managing Director
Our World Class Investment client is looking for a Financial reporting Associate to be responsible for the accurate valuation of the firms investments as per the Investment Pricing Policy and ensuring an accurate, timely and complete representation of all investments in the financial statements for each financial reporting period.

Main Duties and Responsibilities
• Review of the entire investment portfolio on a monthly basis to identify investments for which non-standard pricing sources require to be utilised as per Investment Pricing Policy.
• Draft memos for the Valuation Working Group (part of the IOC) for all investments on a quarterly basis for non – standard pricing sources 
• Responsible for three-way reconciliation between NAV statement, audit confirmations share in the net assets as per audited financial statements.
• Perform a variance analysis on a quarterly basis and reach out to fund managers to obtain details where change in valuation is more than defined tolerance levels.
• Review of the audited FS for investments on an annual basis. Review to cover audit opinion, accounting policies and principles used for the preparation of financial statements.
• Develop sustainable processes with respect to new investments and investment strategies in coordination with the fund accounting teams, in order to capture pricing information and report on it.
• Assist in the implementation of new accounting systems by providing input and direction to the IT teams for areas assigned. Participate as a business user to develop and enhance systems, as required.
• Liaison with investment departments to identify potential valuation issues, suggesting improvements to controls, carry out performance analysis, financial forecasts and other ad hoc reports.
• Develop reporting functionalities on business intelligence software to improve analysis and reduce reporting errors.
• Carry out other similar or related duties as required

Requirements for this role:

• Relevant University Degree (e.g. Bachelor of Commerce, Accounting, Finance etc.)
• Post-graduation certification such as CA (preferred), CFA, MBA (mandatory)

• A minimum of 3 years of experience post CA in similar or complementary roles within financial institutions or departments dedicated to Financial Institutions.

To be considered you must have :

Strong Academics(BA & CA)

Strong Excel Skills

Knowledge of General Asset Classes

Good understanding of financial products

If you have worked in an institution where you worked in Fund Accounting or BIG 4 we will consider you

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