Lead Financial Reporting Analyst

Job Description

*At Franklin Templeton, everything we do is focused on one thing delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 12,000 employees working in 34 countries around the world are dedicated to servicing investment solutions for our clients in more than 160 countries. For more than 70 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.What is the Lead Analyst Fund Operations & Reporting - HYD Alt Fund Admin & Rptng Group responsible for

• Coordinates and leads the financial reporting process. This role will have responsibility for the most complex funds and will be responsible for independently reviewing and analyzing all financial reports, expense and distribution reports for accuracy and ensuring that all reporting deadlines are met for their funds. This role is the first level of escalation point for work queries from the analysts and/or senior analysts, providing training, and assisting the Supervisor/Manager in ensuring appropriate workflow planning is completed for the Senior Fund Analysts.
  • Scope: prepares and reviews financial reporting for most complex fund and fund groups.
  • Client Exposure: Significant exposure to wider FTS departments, regular exposure to internal FTI clients on tactical matters and limited exposure to external FTI parties/vendors.
• Conducts a variety of administrative and financial reporting activities for certain private funds, including oversight and review of financial statements and other administrative tasks to ensure these are completed in accordance with department procedures and regulatory requirements.
• Works with external auditors and internal stakeholders (including fund Boards or other governance bodies) to ensure the fund s financial reporting complies with local GAAP requirements and industry guidelines and participates in product launch activities related to any operational requirements and financial reporting.
• Requires in-depth conceptual and practical knowledge in own discipline and basic knowledge of related disciplines.
• Solves a wide range of complex problems.
• Works independently, receives minimal guidance.
• Acts as a resource for colleagues with less experience

What are the ongoing responsibilities of a Lead Analyst Fund Operations & Reporting

• Analyzes and/or reviews monthly, quarterly, semi-annual, and annual financial statements/reports of certain private funds and other reporting documents provided to regulators, internal and external customers for accuracy and compliance with GAAP, Industry and/or client requirements. Analyzes and/or reviews complex supporting schedules and reconciliations required for completion of the funds various reporting requirements. This includes reviewing work completed by third party vendors. Assist in the planning and the co-ordination of all reporting to ensure that internal, regulatory and client deadlines are met. (Required)
• Researches and analyzes various accounting disclosure requirements for new accounting pronouncements and new product types and assist in the drafting of any resultant new disclosures or new accounting treatment. (Required)
• Responsible for expense control for designated funds. This includes oversight of the payment processes, ensuring expense accruals are consistent with budget estimates, expense cap compliance, budgetary reporting is prepared for Supervisor/Manager/Director review and for onward reporting to clients. (Required)
• Organize the routine elements of the year-end audit process and work with external auditors and third-party vendor to resolve issues with funds. As the primary contact, the Lead Fund Analyst coordinates with stake holders for preparation and timing of the Audit, responding to enquiries and bridging the communication gap between external auditors, third party vendors and internal groups during the audit process. Support the Supervisor/Manager on strategic or critical audit issues. (Required)
• Projects and Change management: Proactively identify potential improvements in work processes and client service, working closely with Supervisor/Manager to implement these. Participates in departmental/divisional projects, taking a lead on less complex work or participating in a wider more complex initiative. These could include new product launches, regulatory initiatives, and inter-departmental projects. (Required)
• Provides customer service to clients (e.g. fund managers, sales and marketing, performance and risk, internal, fund boards or other governance bodies) including answering ad hoc queries and working with managers on special assignments for clients (e.g. additional client reporting for their regulator or Board Papers). Act as a key point of contact with other FTS Business units to provide client service support. (Required)
• Prepare and/or review complex fund calculations for distributions, capital calls, performance fees, carried interest allocations, partners allocations, management fees and/or supporting tax reports. (Required)

, *What ideal qualifications, skills & experience would help someone to be successful

• CA/ACCA/CPA (Required)
• Typically has 4-7 years related experience (Required)
• Bachelors Degree or equivalent experience (Required)
• Knowledge of Microsoft products such as Outlook, Word, PowerPoint, Excel, Access, and MS Project.

What makes Franklin Templeton Investments unique In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.Highlights of our benefits include:

• Professional development growth opportunities through in-house classes and over 150 Web-based training courses
• An educational assistance program to financially help employees seeking continuing education
• Medical, Life, and Personal Accident Insurance benefit for employees. Medical insurance also covers employee s dependents (spouses, children and dependent parents)
• Life Insurance for protection of employees families
• Personal accident insurance for protection of employees and their families
• Personal loan assistance
• Employee Stock Investment Plan (ESIP)
• Onsite fitness center, recreation center, and cafeteria
• Cricket grounds and gymnasium
• Library
• Health Center with doctor availability
• Tuition Assistance Program
• HDFC ATM on the campus

Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities.

Keyskills :
business unitsfitness centerbalance sheetproduct launchfinancial reportingfinancial statementsthird party vendorscustomer serviceexpense controlwork processessalesaccounts