Summary of the role
The Financial Reporting Manager manages a team responsible for managing the overall delivery of regulatory reporting and tax services to all our Asset and Fund Services clients.
All services delivered by this team are required to consider current legislative and regulatory requirements and they must comply with operational risk guidelines. The team is involved in all major projects and transitions, as well as the investigation, management and resolution of any client queries and issues which are directed to the team.
Principal Role Accountabilities
- Manage the Senior Financial Accountants to facilitate them to act as the operational contact for a group of allocated clients and to participate in client service level reviews and other ad-hoc meetings. Act as the escalation point for the Senior Financial Accountants at these reviews and meetings
- Ensure that allocated client profiles are managed and agreed with all the relevant stakeholders (including clients and fund administration).
- Ensure that deliverables to clients are delivered accurately and on time in accordance with agreed Service level agreements (SLA).
- Ensure that client queries are resolved in a timely manner and that any issues are escalated to the Head of Financial Reporting & Tax Services.
- Ensure testing of templates, processes and system changes are completed accurately and on time to ensure compliance with current legislation and internal policies.
- Provide transitions support towards the setting up of new portfolios or restructures as per client instructions.
- Perform formal supervision and controlled self-assessment testing of procedures and deliverables with our agreed risk management framework.
- Participate and actively drive initiatives aimed at improving efficiency and reducing operational risk within the business.
- Provide training and development to staff within the team and be able to manage their expectations and development over time.
- Support the wider team at peak periods and act as the operational cover for other staff, including other team managers within Financial Reporting.
Other contributions
If applicable, may perform other duties and responsibilities that management may deem necessary from time to time.
What is required for you to succeed?
The successful candidate will have extensive management experience covering financial reporting and APRA compliance, dealing with investment funds and super funds.
As the role involves managing a team of operational and technical professionals, it is envisaged that the individual would have a proven track record in managing individuals and stakeholders and developing them over time.
Lead and inspire a high performing, diverse team by embodying BNP Paribas values, translating strategy into clear objectives, delivering results through efficient resource use, fostering development, wellbeing and engagement, and ensuring strict adherence to conduct, policy and regulatory governance.
Able to investigate and resolve technical issues impacting our deliverables to clients and be able to operationalise that solution.
Knowledge of fund accounting, financial reporting and APRA reporting and related operational risk and compliance requirements of the client service function.
Good understanding of the application of tax principles in relation to unit trusts and the impact on its unitholders.
Up to date knowledge of Australian Accounting and APRA reporting standards
Excellent communication skills, both verbal and written, and comfortable in dealing with senior stakeholders.
Demonstrated people management and time management skills.
Required education/certification/licenses
Qualified Accountant (CA/CPA)
Degree qualified in Business, Accounting or related discipline
