HFS Financial Reporting - Associate

Job Responsibilities

• Apply up-to-date product, industry, and market knowledge in specialty areas of financial reporting.
• Contribute to the preparation, review, and submission of monthly, quarterly, semi-annual, and annual reports for alternative investment fund clients and their auditors, supporting regulatory efforts to compile key statistics on domestic and international portfolio positions and trends.
• Prepare, review, and analyze quarterly, semi-annual, and annual financial statements for alternative investment funds in accordance with US GAAP, IFRS, Lux GAAP, and other applicable standards, ensuring accuracy and completeness by performing quarter-over-quarter variance analytics.
• Cook up data collection and quarterly business results with various lines of business, Regulatory Controllers, and reporting teams.
• Absorb the thorough assessment of the issues and outcomes.
• Adhere to proof and control procedures to ensure accurate reconciliation between regulatory filings.
• Adhere to various control procedures and edit checks to ensure the integrity of reported financial results.
• Afford accurate and complete data submission to the Regulators.
• Interpret and define regulatory requirements and coordinate internal and external policies.
• Establish and manage relationships with the line of business as well as with external regulatory agency constituents through ongoing partnership and dialogue.
• Participate in continuous improvement efforts around data quality review and external reporting improvement projects.
• Maintain and update fund accounting records, including capital activity, income allocations, and expense accruals.
• Collaborate with fund managers, operations, tax, and compliance teams to resolve reporting issues and support new fund launches.
• Monitor changes in accounting standards and regulatory requirements, assessing their impact on financial reporting.
• Assist in process improvement initiatives to enhance reporting efficiency and accuracy.
• Support ad hoc projects and requests related to financial reporting and fund operations.

Required Qualifications, Capabilities, And Skills

• 5+ years in a Finance organization with exposure to accounting, financial statements, and/or regulatory reporting, preferably within alternative investments.
• Bachelor's degree required, in Accounting, Finance, or Economics.
• Strong understanding of US GAAP, IFRS, and investment fund structures.
• Strong skills in time management, problem solving, written and oral communication.
• Team player, with ability to work effectively across diverse functions, locations, and businesses.
• Excellent Excel and computer skills.
• Strong analytical skills.
• Extremely strong organizational and time management skills.
• Ability to manage change and deliver results.
• Strong communication skills – both verbal and written.
• Ability to work independently and collaboratively in a fast-paced environment.
• High attention to detail and commitment to accuracy.

Preferred Qualifications, Capabilities, And Skills

• Experience with alternative investment funds, regulatory reporting, and fund launches is a plus.