Company Description
IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide
Job Description
Technical Team
The technical team is an independent team of experts within IQ-EQ providing technical and industry reporting standards advice to global client services teams, sales and implementation teams, and global clients within the Funds & Institutional segment.
The core part of technical team work is focused on 3 key areas
1) Technical Advisory (technical accounting and PE/RE industry / regulatory related queries, technical support to sales and implementation team for new clients etc) ;
2) Technical Reviews (technical / quality reviews of financials, key accounting policies and other complex deliverables); and
3) Technical Updates (monitoring latest accounting, industry and regulatory updates. Issuing technical alerts for internal teams and clients. Delivering technical presentations and other specific training modules for accounting teams).
To facilitate the delivery of the 3 key areas effectively to the stakeholders, a technical team member will be at the forefront of the private equity and real estate fund industry developments, including but not limited to financial reporting.
Job Summary
Resolve technical accounting queries raised by the Client Services (CS) team and clients in a timely manner
Provide technical support to sales and implementation team for prospective and/or new clients
Perform/oversee the reviews on the working papers, financial statements and other complex client deliverables (including quality reviews). To help shape and ensure product quality control of the CS output
Whilst main focus is on IFRS and US GAAP, there are opportunities to develop experience in other GAAPs e.g. UK GAAP, Lux GAAP
Assist CS and/or implementation team with reviews of operational aspects of constitutive fund documents (training will be provided)
Perform reviews of carried interest/waterfall models for fund clients
Monitor latest accounting/ legislative changes impacting our clients and draft technical updates for accounting / legislative changes accordingly for release internally to CS teams as well occasional updates to clients.
Develop and deliver (semi-annually) Technical presentations to update CS teams on accounting and PE industry developments
Maintain/oversee in-house library of technical journals, articles and documentation relating to accounting issues for CS team members to access
Identify control weaknesses from reviews, discussions with internal senior CS stakeholders, and recommend control procedures to reduce risk
Identify ways to improve efficiency and effectiveness in the groups system and processes
Support development of new services and new business proposals through expert knowledge of internal procedures and industry practice
Opportunities to work with senior management on operational and strategic projects
Work closely with Technical Team members in other locations and provide guidance / escalation support to junior team members
Supporting the IQ-EQ business by challenging and suggesting ways that the Company can improve and develop profitability
Person Specification
Strong attention to detail
Excellent written and verbal communication skills
Technical research skills / mind-set
Excellent organisational, prioritisation and interpersonal skills
A strong Can Do attitude and ability to lead by example
The ability to cope with multiple tasks and quality work under tight deadlines
Strong ownership of tasks and sense of teamwork
Qualifications
University Degree in Accountancy/Business/Maths or otherwise demonstrable strong aptitude for numeracy
CPA or ACCA qualified (3+ years post qualification experience)
Experience
3+ years financial services managerial audit experience working preferably with a big 4 audit firm / Financial services industry
Strong IFRS Accounting Standards knowledge. Consolidation experience and knowledge of US GAAP will be preferable but not mandatory
Strong experience of review of Financial Statements including disclosures
Private Equity and/or Real Estate Funds knowledge preferable but not mandatory
Conducting Training / knowledge share sessions experience will be preferable but not mandatory.
Intermediate Excel skills
Additional Information
At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.
