Financial Reporting Manager

 London, United Kingdom       Permanent contract        Other job functions

Responsibilities

Description of the Business Line or Department

FSO UK provides fund accounting services to UK based clients.Key functions are to be undertaken by our offshore provider, therefore one of the key roles of FSO UK is to execute a governance and controls programme to ensure the outputs from the offshore provider are timely and accurate. Part of the responsibility of FSO UK is to produce Financial Reporting under the UK SORP regulations.

Summary of the key purposes of the role

Reports and Accounts

  • Production of financial statement under UK SORP regulations and governance of offshore services
  • Maintain a global plan with milestones to monitor the progress of the preparation of the report
  • Ensure the integrity of the data that are provided to external parties
  • Ensure the respect of the deadlines agreed with the Auditors and the ACD
  • Manage the relation with external audit teams and detailed proof reading of Reports & Accounts
  • Controls and governance of offshore services ensuring outputs are timely, accurate and compliant
  • Ensure that all clients receive an ongoing high-quality service
  • Ensure that accounting standards and policies are continually maintained
  • Be able to familiarize with Global Portfolio 3 to ensure accurate postings
  • Be able to streamline the Financial Reporting activity
  • Management of direct reports including objective setting, personal development program, and appraisal process.

Summary of responsibilities

Reports & Accounts

  • Controls and governance of offshore services ensuring outputs are timely, accurate and compliant
  • Ensure that all clients receive an ongoing high-quality service
  • Ensure that accounting standards and policies are continually maintained
  • Review and proof checking of PDF report and accounts provided by FSO UK
  • Production, review and proof checking of Audit files to PDF doc provided by FSO UK
  • Balance sheet reviews
  • Impact analysis of regulatory and accounting changes
  • Provide to offshore team the right level of information to address postings for the financial reporting purposes
  • Proof reading of financial statements and mark-up of documentation. Cross casting of comparative statements and prior period values.To ensure quality of output on an ongoing basis.
  • Monthly reporting based on client requirements, using excel templates.
  • Formatting of test scrip’s for enhanced template upgrades.
  • Excellent understanding of general ledger TB, to balance sheet & P&L level
  • Familiar with UK SORP and regulatory reporting requirements
  • Understanding of P&L and distribution impact at share class level.
  • Excellent understanding of excel (advance to Macro level) and PDF applications.
  • Dealing with external audit teams and controlling audit sign-off.

Level of Autonomy and Authority

Enabled to make decisions on all Financial Reporting matters through contact with the offshore service provider, clients and auditors.

Profile Required

Competencies

  • Extensive experience of producing Financial Reports for UK funds either gained with an asset manager or service provider.
  • Extensive knowledge of the SORP and accounting standards to which UK funds must comply.
  • Basic Knowledge tax calculations.
  • Experience of producing ONS returns.
  • Knowledge of regulations pertaining to the production of report and accounts.
  • Strong communication skills.
  • Well organised and forward thinking.
  • Some exposure to BA & with excels skills & development.
  • Good understanding of requirements for UK funds
  • Strong communication skills, both written and oral
  • Strong analytical skills
  • Attention to detail and due process
  • Ability to manage and execute multiple deliverables with overlapping timeframes
  • Well organised
  • Able to work under pressure to strict deadlines
  • Self-managing
  • Willingness to operate at any level to meet requirements

WORK EXPERIENCE

  • Minimum of 10 years’ experience in the Financial Reportings
  • Part qualified accountant or working towards such a qualification
  • Abilities to communicate with senior conducting officers, auditors or any authority members
  • Abilities to conduct full audit reviews
  • T&C qualified

LANGUAGES

English

Why Join Us

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Business Insight

  If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 200002JQ
Business unit: SG CIB
Starting date: 30/03/2020
Date of publication: 06/02/2020
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Financial Reporting Manager

Permanent contract   |   London   |   Other job functions