Process Manager, Australia Financial Reporting
Northern Trust Corporation
Philippines, National Capital Region, Manila
7d ago

About Northern Trust

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity.

From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally.

We serve the world’s most-sophisticated clients from sovereign wealth funds and the wealthiest individuals and families, to the most-

successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology.

And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

As of September 30, 2018, Northern Trust Corporation had :

$10.8 trillion in assets under custody / administration

$8.2 trillion in assets under custody

$1.2 trillion in assets under management

$132 billion in banking assets

Role Overview

This position supports the Australian Investment Accounting team and is responsible for monthly, quarterly, half-yearly and annual financial reporting, regulatory reporting and tax reporting to a diverse range of investment manager and superannuation fund clients.

The position reports to the Manager of Australian Investment Accounting.

The job holder is responsible leading / managing a team of Financial Reporting professionals (Analysts, Senior Analysts and Technical Coordinators) consisting of 6-

10 full time employees. The job holder has responsibility for the team’s training, performance management and performance in the preparation and review of financial statements, significant acquisitions and disposals and explanatory notes on the same (including preparation and review of tax reporting data due to tax agents), for mutual funds, hedge funds and / or fund of hedge fund clients.

Financial statements are prepared on a cyclical basis (for example; quarterly, semi-annual or annually) depending on the team in accordance with regulatory guidelines in the home country (for example : Australia, Guernsey, UK, Ireland, Luxembourg, Switzerland and U.

S). The preparation is based on a set processes and procedures and the job holder will be required to adhere to these processes in completing day to day tasks.

Once financial statement is prepared, the jobholder will be responsible for reviewing the work of more junior team members including, analysis and research for any discrepancies before the statement is issued to the home country for review.

The Technical Coordinator will then oversee and review any required corrective work as identified and communicated by the home country before closure.

Due to the cyclical nature of the activities, it is anticipated that ther

e will be peak periods of work and the job holder may be required to undertake additional working hours to ensure tasks are completed to the appropriate deadlines.

The job holder is will have leadership responsibility for assigned team and processes including planning, allocation and review of work within defined timescales.

Duties and Responsibilities

GeneralResponsiblefor effectively managing escalations and focusing on resolution of complextransactions, where expertise is required to interpret policies, guidelinesand / or processesAssiststakeholders, partners, and staff with complex problem resolution.

Consults oneffective ways to meet client needs or appropriate method to be used forresolution of an error. Developsperiodic goals, organizes the work, short-

term priorities, monitors allactivities, and ensures timely and accurate completion of teams work. Monitorteam goals as measured against the Section KPIs, identify process failures andimprove quality percentages.

Improve on past performance through systemsdevelopment, root cause analysis and continuous training.Cultivatesand maintains working relationship with key stakeholders and other operationsareas to ensure service levels meets stakeholder requirements.

Keepappraised of relevant industry, business, and regulatory developments BusinessUnderstandrisk in own team; help others to understand this and to recognise that risk iseveryone’s responsibilityReviewssystems and processes within the team to ensure greater automation and control.

Workclosely with Senior Manager to achieve long term department goals and onvarious processes / projects Ensureadequate Governance and Oversight controls are in place with Key Stakeholders monthly meetings, quarterly service reviews etc.

Tocontinually assess the team’s processes to improve efficiency, reduce risk orcost, as well as to increase the satisfaction of our staff.

Deliver onproductivity targets for team / process.Participatesin client meetings to explain our service capability.Proactivelypromoting Financial Reporting working groups to keep relevant in the mostrecent global accounting and regulatory requirements.

Participatein client due diligence visits ManagementProvidesleadership and guidance to staff, fostering an environment which encouragesemployee participation, teamwork, and communication.

Guidessubordinates in the resolution of difficult client reporting / accountingproblems that are non-routine in nature. Directs staff efforts in meetingdepartment objectives.

Delivertraining / coaching effectively.ConductsMid-Year and annual appraisal for your direct reports and ensure careerdevelopment processes are put in place.

Ensure teamleaders are facilitating one on one on regular basis, analyse feedback and developappropriate plans.Providesinput and support to budget Management process.

General

Responsiblefor effectively managing escalations and focusing on resolution of complextransactions, where expertise is required to interpret policies, guidelinesand / or processes

Assiststakeholders, partners, and staff with complex problem resolution. Consults oneffective ways to meet client needs or appropriate method to be used forresolution of an error.

Developsperiodic goals, organizes the work, short-term priorities, monitors allactivities, and ensures timely and accurate completion of teams work.

Monitorteam goals as measured against the Section KPIs, identify process failures andimprove quality percentages. Improve on past performance through systemsdevelopment, root cause analysis and continuous training.

Cultivatesand maintains working relationship with key stakeholders and other operationsareas to ensure service levels meets stakeholder requirements.

Keepappraised of relevant industry, business, and regulatory developments

Understandrisk in own team; help others to understand this and to recognise that risk iseveryone’s responsibility

Reviewssystems and processes within the team to ensure greater automation and control.

Workclosely with Senior Manager to achieve long term department goals and onvarious processes / projects

Ensureadequate Governance and Oversight controls are in place with Key Stakeholders monthly meetings, quarterly service reviews etc.

Tocontinually assess the team’s processes to improve efficiency, reduce risk orcost, as well as to increase the satisfaction of our staff.

Deliver onproductivity targets for team / process.

Participatesin client meetings to explain our service capability.

Proactivelypromoting Financial Reporting working groups to keep relevant in the mostrecent global accounting and regulatory requirements.

Participatein client due diligence visits

Providesleadership and guidance to staff, fostering an environment which encouragesemployee participation, teamwork, and communication.

Guidessubordinates in the resolution of difficult client reporting / accountingproblems that are non-routine in nature. Directs staff efforts in meetingdepartment objectives.

Delivertraining / coaching effectively.

ConductsMid-Year and annual appraisal for your direct reports and ensure careerdevelopment processes are put in place.

Ensure teamleaders are facilitating one on one on regular basis, analyse feedback and developappropriate plans.

Providesinput and support to budget Management process.

Skills and Competencies

At least 8years of relevant working experience within a securities operations, investmentmanagement, fund services environmentStrongleadership and people management skills.

Minimum 3 years of people managementexperience Bachelor’sdegree in Accounting or Finance, CFA or MBA preferredCertifiedPublic Accountant highly desirableKnowledgeof financial instruments, accounting concepts and productsKnowledge of accounting and regulatory concepts, financial instrumentsand products acquired through studies and related work experienceKnowledge of AUS GAAP &IFRS through studies and / or work experience (preferred)Excellent desktop, IT and systems skills.

Experience of Sungard InvestOne fund accounting platform orConfluence / FundARC Suite financial reporting systems advantageous.

Knowledge ofMicrosoft Excel and Word essential Knowledgeand understanding of migrations, new client implementations andaccounting / legal reporting requirements acquired through work experience.

Experience on transitions / consolidation ofvarious systems and completing necessary reconciliations (preferred)Strongpractical knowledge of risk and control frameworks applicable to work areaExcellentInterpersonal (relationship builder, respectful, resolves problems, peoplefriendly and organisational savvy)Communication(presentation skills, listening skills, oral communication skills, allowsothers to express themselves and written communication skills)Self-

management(adaptability and resilience, learning behaviour, integrity and ethics andrelationship builder)Motivation(performance standards, achieving results and persistent)Thinking(creative thinking, decision making, input seeking, logical thinking andsolution finding)OrganisationalKnowledge (business knowledge, expert knowledge and external events impact)ClientService and Quality (quality, relationship building and client satisfaction)Administration(Virtual team capacity utilization , Anticipates needs, execution, planning,process specialist, quality seeker and time management)Leadership(Addresses difficult issues, builds effective teams focused on goals, championsnew initiatives, fosters development, gives timely feedback and coaching, Ideagenerator and sets challenging performance standards) Shift

At least 8years of relevant working experience within a securities operations, investmentmanagement, fund services environment

Strongleadership and people management skills. Minimum 3 years of people managementexperience

Bachelor’sdegree in Accounting or Finance, CFA or MBA preferred

CertifiedPublic Accountant highly desirable

Knowledgeof financial instruments, accounting concepts and products

Knowledge of accounting and regulatory concepts, financial instrumentsand products acquired through studies and related work experience

Knowledge of AUS GAAP &IFRS through studies and / or work experience (preferred)

Experience of Sungard InvestOne fund accounting platform orConfluence / FundARC Suite financial reporting systems advantageous.

Knowledge ofMicrosoft Excel and Word essential

Knowledgeand understanding of migrations, new client implementations andaccounting / legal reporting requirements acquired through work experience.

Experience on transitions / consolidation ofvarious systems and completing necessary reconciliations (preferred)

Strongpractical knowledge of risk and control frameworks applicable to work area

ExcellentInterpersonal (relationship builder, respectful, resolves problems, peoplefriendly and organisational savvy)

Communication(presentation skills, listening skills, oral communication skills, allowsothers to express themselves and written communication skills)

Self-management(adaptability and resilience, learning behaviour, integrity and ethics andrelationship builder)

Motivation(performance standards, achieving results and persistent)

Thinking(creative thinking, decision making, input seeking, logical thinking andsolution finding)

OrganisationalKnowledge (business knowledge, expert knowledge and external events impact)

ClientService and Quality (quality, relationship building and client satisfaction)

Administration(Virtual team capacity utilization , Anticipates needs, execution, planning,process specialist, quality seeker and time management)

Leadership(Addresses difficult issues, builds effective teams focused on goals, championsnew initiatives, fosters development, gives timely feedback and coaching, Ideagenerator and sets challenging performance standards)

7AM-4PM M-F

Apply
Add to favorites
Remove from favorites
Apply
My Email
By clicking on "Continue", I give neuvoo consent to process my data and to send me email alerts, as detailed in neuvoo's Privacy Policy . I may withdraw my consent or unsubscribe at any time.
Continue
Application form