Job Description

About Waystone

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.

Reporting to the Associate Director – Financial Reporting, the Vice President – Financial Reporting will be an integral part of the team’s success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The role consists of completion and/or review of financial statements and management of audit process over financial year end for various clients, ensuring superior service to clients and fund accounting teams. This will include (but is not limited to) the following:

• Manage the process of preparing and reviewing annual financial statements in accordance with the relevant Fund accounting framework.
• Manage bigger client relationships in the Financial Reporting process.
• Review and ensure accuracy of disclosures via review of legal documents governing the fund and disclosures required under specified accounting standards.
• Coordinate the year-end financial statements preparation process and ensure that all queries relating to the financial statements are resolved on a timely basis.
• Ensure audit and financial reporting related issues are identified and investigated on a timely basis; and provide guidance for solutions.
• Management of team members and deliverables.
• Review the work of others and ensure all work is scheduled to meet agreed timelines.
• Training of team members, including on the use of relevant reporting software.
• Assist with recruitment of the financial reporting team.
• Review client deliverables in accordance with agreed timelines and ensure that work that deliverables are prioritized for team members daily, and any delays are clearly communicated.
• Maintain positive relationships with key stakeholders.
• Identify areas of improvement and leading projects within the team.
• Complete any other additional ad hoc tasks or deliverables that may be assigned as needed or due to business demand.

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• 8 years exposure to asset management accounting in either an Audit Firm or Hedge Fund Administrator where the accountant has gained an understanding of financial products
• Minimum 4 years’ previous managerial experience.
• Detailed knowledge of US GAAP & IFRS
• Ability to research issues and present findings in a professional manner.
• Strong technical skills and attention to detail along with good knowledge of relevant accounting standards and regulatory requirements pertaining to funds.

Education:

• A university degree (B.A./ B.Sc./ M.B.A.) in Business (preferably specializing in accountancy or another financial-related discipline).
• An internationally recognized accounting designation (CA, CPA, ACCA or equivalent), is an advantage.