Head of Technical Accounting & Reporting - US

Company Description

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.

Job Description

Main Responsibilities

• Fund Accounting reviews and Oversight: Ensure accurate accounting for private investment funds, including NAV calculations, financial and investor reporting.
• Client Service: Manage the Fund Services Dallas team’s reporting calendars of deliverables and ensure client KPIs are consistently met.
• Financial reporting: Review and approve financial statements in compliance with GAAP.[DL1] 
• Waterfall Modelling: Support the provision of carried interest and waterfall calculations (including scenario analysis) services to our clients.
• Audit Coordination: Liaise with external auditors and complete all necessary reporting and investigation associated with Financial Statements and address any issues or recommendations raised.
• Technical Guidance: Provide expertise on accounting standards, changes in market practice and relevant regulations. 
• Team leadership: Manage and mentor accounting staff, fostering professional development and ensuring team performance
• Collaboration: Work closely with the solutions team and senior leadership across Fund services to deliver strategic firm initiatives for the benefit of our clients.  
• Process Improvement: Identify and implement process enhancements for fund accounting and financial and investor reporting to increase efficiency and accuracy.
• Client Interaction: Serve as a technical expert for our clients regarding private fund structures, supporting fund onboardings, accounting issues, reporting and inquiries.
• Policies and procedures: Ensure fit for purpose and consistent adherence with fund services global operating model.
• Risk Management: Ensure effective recording of issues and risks detected in line with firm policies and relevant remedial action plans implemented to correct and prevent re-occurrence.
• Business development support: Support profitable business growth, actively contribute to answering  RFPs and commercial propositions and support the onboarding of new business.
• Global Operating Model: Support the deployment of Ocorian’s global operating model as appropriate for new and existing clients.

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Qualifications

Knowledge, Skills & Experience 

• Minimum 10 years of experience in private fund accounting with proven track record of managing client centric US fund accounting teams.
• Bachelor or university degree in accounting, finance or equivalent. Ideally CPA qualified or equivalent qualifications.
• Experience working with private equity / real asset managers on US and Cayman fund structures as well as US GAAP.
• Experience with private market accounting systems ideally including Investran/Private Capital Suite and/or e-Front.
• Understanding of different private asset instruments and investment strategies and asset classes such as private equity, private debt, real estate, fund of funds and infrastructure.
• Experience building waterfall models and providing related scenario analysis
• Ability to work under pressure and manage demanding internal and client deadlines
• Ability to manage teams to deliver consistent quality client reporting within tight deadlines.
• Ability to demonstrate initiative and to manage and prioritise their workload.
• Strong client focus with the abi