Associate Director – Shared Services – Private Client Services

Key Responsibilities

CLIENT ACCOUNTING MANAGEMENT

• Oversee the delivery of comprehensive accounting services to clients, ensuring accuracy, timeliness, and compliance with statutory and regulatory requirements.
• Responsible for the review and preparation of Financial Statements for different types of entities in accordance with Accounting Standards IFRS.
• Liaise with auditors, handle audit queries, and ensure audit meet the agreed audit plan.
• Ensure timely deliverables by working closely together with the other functions and ensure that all client deadlines and milestones are met.
• Manage and monitor daily accounting activities, including general ledger maintenance, account reconciliations, financial reporting, and audit support.
• Handle tax inquiries, schedule meetings with tax advisors’/clients/ intermediaries, attend phone calls and subsequent follow-ups.
• Ensure all financial records and statements are in line with organizational and legal standards.

PLANNING AND COORDINATION

• Develop and implement proper planning for the accounting shared services team to meet the objectives of the team and the wider business.
• Coordinate with other departments and stakeholders to streamline processes and improve the efficiency of accounting operations.
• Develop and maintain a robust internal control environment, identifying areas for improvement and implementing solutions.
• Ensure that the work of the team is adequately planned to meet all reporting deadlines for relevant jurisdictions.

TEAM LEADERSHIP AND DEVELOPMENT

• Lead, mentor, and develop the accounting team, promoting a culture of continuous learning and professional development.
• Conduct regular performance reviews, provide constructive feedback, and create individual development plans to nurture talent within the team.
• Facilitate training sessions and workshops to keep the team updated on the latest accounting practices, tools, and compliance requirements.

COMPLIANCE AND RISK MANAGEMENT

• Ensure that all accounting activities comply with the relevant legal, regulatory, and financial reporting standards.
• Identify, assess, and mitigate financial risks associated with accounting operations, implementing appropriate risk management strategies.
• Liaise with external auditors and regulatory authorities, ensuring compliance and addressing any audit findings promptly.
• Work closely with tax and regulatory reporting teams to ensure that accounting information is available on a timely basis to meet deadlines

PROCESS IMPROVEMENT

• Drive continuous improvement initiatives to enhance the efficiency, accuracy, and effectiveness of accounting processes.
• Utilize advanced accounting software and tools to automate routine tasks and improve overall productivity.
• Stay updated with the latest industry trends, best practices, and technological advancements to keep the accounting shared services team at the forefront of innovation.

STAKEHOLDER MANAGEMENT

• Build and maintain strong relationships with clients, understanding their accounting needs and ensuring their satisfaction with the services provided.
• Build and maintain strong relationships with the key JTC team contacts in each jurisdiction – ensuring accounting services for their portfolios are delivered smoothly.
• Provide accurate and timely management information on accounting service delivery.
• Work with the team to reduce cost of service delivery through process improvements, training and technology.
• Act as a key point of contact for all accounting-related inquiries and issues, ensuring prompt and effective resolution.

Qualification & Requirements

• Bachelor’s degree in Accounting, or a related field; ACCA or equivalent certification preferred.
• Experienced individual with at least 7-10 years in an accounting related leadership role.
• Strong understanding of accounting principles, financial reporting, and compliance standards.
• Proven track record of managing and developing high-performing accounting teams.
• Excellent analytical, organizational, and problem-solving skills.
• Proficient in accounting software and Microsoft Office Suite.
• Strong communication and interpersonal skills.
• Attention to detail and high level of accuracy.
• Ability to manage multiple priorities and tight deadlines.
• Continuous improvement mindset.

Benefits

• Insurance Benefits
• Retirement Benefits
• Vacation Policy
• Other Perks and Benefits…