Location – New York, USA
Our client’s Financial Governance & Reporting team is part of the Group Finance Division and is responsible for the production of timely and accurate financial information as a key enabler for the effective functioning of any organization. It is critical that this financial information is accurate and maintained in a controlled environment. The firm takes pride to state that they continuously develop and improve their financial governance and reporting infrastructure.
The role
For this position, you will be expected to manage the outsourced finance service provider (“OSP”) to ensure they perform to the standards and targets outlined in a timely manner. Also, you will ensure the office employees operate in accordance with all relevant policies and procedures designed to ensure all local transactions follow established corporate processes. Part of the responsibility is to update and maintain all system workflows to ensure processes are documented and in line with Delegation of Authority limits.
Key responsibilities
- Actively monitor and report back to Central FGR on the performance of the Outsourced Service Provider
- Escalate concerns proactively and timely to the Central FGR team that may have adverse implications on the month end close process
- Confirming the charges in the OSP’s monthly supplier invoice are appropriate, based on the volume of transactions processed
- Involvement in the budgeting and month-end close process for the Office
- Manage the Account Receivable for all supplier invoices
- Quality control check on OSP’s output e.g. correct coding, full supporting documentation was obtained etc.
- Manage all the Corporate Credit Card Transactions and Usage (“CCC”)
- Prepare forecast of upcoming expenditure to support funding requests from Corporate Treasury
- Monitor bank balances to ensure the bank account is adequately funded for upcoming payment
- Review of the balance sheet account reconciliations performed by the OSP to ensure any aged or reconciling items are cleared in a timely manner
- Review entity’s trial balance monthly and ensure full record keeping on relevant finance systems
Skills and attributes
- Bachelor’s degree in finance, accounting or business administration.
- Accounting qualification, e.g. (ACCA, ACA, CMA, CFA, CPA, CIA) is preferred
- Minimum of 5 years of relevant finance experience in a corporate environment
- Service Level Agreement Management
- Good skills in managing and maintaining relationship with customer and suppliers
- A strong yet empathetic communicator, skilled in influencing and finding common ground plus experience in stakeholder management
- An individual with a solutions-oriented and collaborative mindset and the ability to engage with a variety of colleagues, establishing trust, credibility, and building professional relationships to enable smooth collaboration
Benefits to you
- The benefit of working in an organization with a large global multi-asset-class portfolio
- The opportunity to help continually improve Group Finance for a complex and rapid growth
- The ability to make a tangible positive impact by supporting our investment teams and portfolio companies
- A purposeful project with exposure to diverse and challenging experiences, enabling you to grow your career, knowledge and skills, and the potential opportunity to continue in a permanent role
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