Joining our Russell Investments Global Finance Department means you will be a part of a passionate and supportive team that believes what we'do matters to our clients and investors. we'rely on a meticulous financial operation to drive business forward. In this role, as an Accounting Manager of the NRM (Net Revenue Management) accounting team, you will primarily oversee a team of accountants responsible for revenue recognition, as we'll as sub-advisor fee accruals and payments. The ideal candidate will have a strong background in accounting, excellent leadership skills, and a deep understanding of US GAAP and industry standards.
A key component of the Global Accounting team is continued focus on analyzing all functions for process improvement, service enhancement, quality, and efficiency. A successful candidate will be highly motivated and will have the ability to adapt to a transforming work environment while continuing to manage multiple requests with competing deadlines. This candidate will need to be detail-oriented, work quickly and efficiently, as we'll as conduct business in a professional and organized manner.
Years of Experience
7+ years of professional experience, with at least 3 years in a managerial role
Qualifications
masters degree/or CA Certification and investment industry experience preferred
Responsibilities
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Team Leadership: Lead and mentor a team of accountants, providing guidance and support to ensure accurate and timely financial reporting.
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Revenue Recognition: Oversee the revenue recognition process, ensuring compliance with relevant accounting standards and regulations. Perform analysis of new client contracts to ensure compliance with ASC 606 requirements under US GAAP.
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Subadvisor Fee Management: Manage the accrual and payment process for Subadvisor fees, ensuring accuracy and timely processing.
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Financial Reporting: Prepare and review financial statements, ensuring they reflect accurate and compliant revenue recognition and fee accruals.
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Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
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Compliance: Ensure all accounting practices comply with industry regulations and company policies.
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Collaboration: Work closely with other departments, including finance, operations, and compliance, to ensure cohesive and efficient financial management.
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Training and Development: Provide ongoing training and development opportunities for the accounting team to enhance their skills and knowledge.
Candidate Requirements
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Experience or familiarity with month-end close processes in order to understand key transactions and interactions
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Familiarity with multi-currency transactions
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Strong knowledge of revenue recognition principles and their application within the financial services industry.
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Excellent leadership and team management skills.
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Proficiency in accounting software and Microsoft Office Suite.
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Strong analytical and problem-solving skills.
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Excellent communication and interpersonal skills.
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Ability to work in a fast-paced, dynamic environment.
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Ability to work under pressure and to manage deadlines, without sacrificing quality
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Proficient understanding of US GAAP, IFRS a plus
Core Values
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Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
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Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
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Proactive approach to problem-solving with strong judgment and decision-making capability.
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Lead, motivate and support team members with respect and professionalism
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Exemplifies our customer-focused, action-oriented, results-driven culture.
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Forward-looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
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Ability to act with discretion and maintain complete confidentiality.
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Dedicated to the firm s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigour.