Job Details

New South Wales
$140000 - $150000 per annum, Benefits: + Benefits
Job Type
Andrew McPherson
Contact email
Email Andrew
11 months ago
Our client is one if Australia’s leading financial services groups which also boasts a sizeable global presence. They are a dynamic business going through an exciting period of growth and are also an employer of choice with a progressive, diverse culture. They offer excellent career progression both globally and internationally and a flexible working environment.
They are currently transitioning their investment accounting function back in house (currently performed by an external vendor) and as such they require a Senior Investment Accountant/Manager to set up and lead the new function. This is a permanent BAU position within the team but with a heavy project focus in particular the implementation of a new investment accounting system and a new accounting standards. Reporting into the Senior Finance Manager and leading a small team you will focus on:
  • Collaboration with various stakeholders to implement the new investment accounting process using the new investment management accounting system under existing AGAAP, NZ IFRS and IFRS accounting standards on Financial instruments.
  • Drive the implementation of the investment accounting process for the new Financial Instruments accounting standards in the system and account for all securities based on AGAAP 9, NZ IFRS9 and IFRS9 and new local regulatory reporting requirements including responsibility for User Acceptance Testing.
  • Design monthly investment reports using the new investment system to meet reporting requirements under local GAAP, group accounting guidelines. Solvency II and local regulatory reporting requirements.
  • Parallel run the investment accounting under both the existing and new Financial Instrument accounting standards.
  • Implement reconciliation controls to maintain the integrity of the new investment system, early identify and resolve issues.
  • Compile analysis and commentary of investment performance results under multiple reporting standards including the preparation of reports and presentation for Management.
  • Management and leadership of a small team including resource planning, capability development, succession planning and retention.
This is an exciting role which will allow you to build and lead a new investment accounting function for a leading financial services group.
Required skills and experience:
  • CA / CPA qualified with minimum 5 years work experience in a similar role within Financial Services , preferably insurance
  • Strong investment accounting experience
  • Knowledge on Financial Instruments related accounting standards.
  • Experience using Financial Asset Management function or equivalent system and TM1
  • Excel modelling skills (VBA would be advantageous)
  • Attention to detail and exceptional time management and prioritising skills with the demonstrated ability to meet tight and conflicting deadlines.
If this role is of interest and you have the correct skill and experience to be successful, please click apply (including a Word copy of your resume)