VP, Fund Accounting Manager recruitment

VP, Fund Accounting Manager
Treasury Securities Services (TSS)TSS is a leader in the delivery of global securities, cash processing and information services to multinational corporate, entrepreneurial growth companies, banks, non-bank financial institutions and public sector/government clients worldwide. TSS is made up of Treasury Services (TS) and Worldwide Securities Services (WSS).
Worldwide Securities Services (WSS)WSS, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $15.9 trillion in assets under custody.
JPMorgan provides innovative custody, fund accounting and administration and securities services to the world's largest institutional investors, alternative asset managers and debt and equity issuers.
JPMorgan's WSS leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services.
Position SummaryThe Fund Accounting manager will provide direction leadership to deliver a world class service to clients ensuring client satisfaction is achieved through the establishment of and adherence to policies and procedures as they relate to fund accounting. The manager will also be responsible for maintaining internal and external communications with all stakeholders.
Key Responsibilities
Rendering accurate and timely accounting statements in compliance with customer expectations and departmental standards
Reviewing transactions on a daily basis to ensure conformity to established policies and procedures
Monitoring cash and asset variances between the core systems and the accounting system on a daily basis and resolving discrepancies
Monitoring income activity and ensuring that all overdue items are resolved
Communicating with service partners to ensure the timely resolution of all inquiries both internally and externally
Performing "buddy reviews" for other accountants prior to rendering final portfolio valuations
Assisting with systems testing for any new releases or enhancements and maintaining a system of filing and account profiles to facilitate continuity at all times
Participating in various projects as assigned
Reviewing and controlling of the daily operation, ensuring adherence to procedures and controls and providing necessary data to senior management and clients
Supervising a team of X fund accountants including
senior fund accountants and support positions including assigning responsibilities and ensuring an efficient work environment
Reviewing NAVs and yields prior to release
Reviewing key areas of daily operations in order to ensure accuracy and compliance with procedures and controls
Reviewing all monthly reconciliation packages
Ensuring the integrity and accuracy of fund records
Ensuring the completeness and timeliness of reporting to clients, outside parties, and other internal departments
Reviewing accounting related issues included in new fund set up, monitoring key indicators of fund status (past due income, cash balances, corporate actions, etc.) and taking prompt action to correct problems as required
Communicating all department information to the team through regular scheduled meetings and cascading the broader organisational goals to the team, ensuring that these are understood and embraced and are part of individual and team objectives
Representing Fund Accounting with key stakeholders including fund management, the custodian, the transfer agent and all other related parties
Interviewing, hiring and coordinating the training of new employees

Coaching and developing staff including formal objective setting, performance reviews and providing ongoing and regular feedback

Qualifications

Skills Experience
Minimum 10-15 years of Mutual Fund and accounting experience
Strong technical skills including accounting principles and theories
BA/BS-Accounting oriented, MBA or CPA preferred
Exceptional leadership and staff development skills with prior team management experience
Proven ability to drive and deliver efficiencies through re-engineering and process improvements ensuring optimal productivity
Ability to initiate and drive change
Project and program management with a demonstrated track record of project delivery
Proven ability to establish and review key metrics to measure workflow capacity, system efficiency and effectiveness of controls and serve as an escalation point
Control focus with a thorough understanding of operational risk
Excellent communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and with external clients
Ability to anticipate issues and aggressively drive initiatives to achieve results
Detailed knowledge of business processes and procedures as well as service and systems (including downstream impacts)
Proven ability to operate effectively in a matrix organization with the ability to work under pressure and to tight timeframes