Financial Management Group Job Description
Financial Management Group Duties & Responsibilities
To write an effective financial management group job description, begin by listing detailed duties, responsibilities and expectations. We have included financial management group job description templates that you can modify and use.
Sample responsibilities for this position include:
Financial Management Group Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Management Group
List any licenses or certifications required by the position: CMFAS
Education for Financial Management Group
Typically a job would require a certain level of education.
Employers hiring for the financial management group job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Management, Accounting, Business/Administration, Business, MBA, Economics, Financial Services, Education, Law
Skills for Financial Management Group
Desired skills for financial management group include:
Desired experience for financial management group includes:
Financial Management Group Examples
Financial Management Group Job Description
- Developing key program artefacts, reporting and communications plans
- Providing guidance and expertise to support the development of Standard Operating Procedures and Transition documentation
- Proactively working with the multiple stakeholder streams to meet program objectives
- Chartered Accountant (or equivalent) qualification with experience gained working in a Financial Institution
- Exposure to Financial Reporting and in particular IAS39 or IFRS 9 would be an advantage
- Review consolidation and equity accounting entries for principal investments those related to acquisition and disposal transactions
- Involvement in new business product approvals, including providing financial reporting support for all new investment activities (acquisitions, disposals)
- Prepare and post consolidation and equity accounting entries for principal investments those related to acquisition and disposal transactions
- Participate in new business product approvals, including providing financial reporting support for all investment activities (acquisition, disposals)
- Work with Business and Financial Control teams to understand the key drivers of the legal entity's performance and balance sheet fluctuations
- Preparation of business plans, annual budgets and forecasts, and analysis of monthly performance
- Reviewing transfer pricing models and recovery methodologies, including engagement and communication with business unit and divisional customers
- Overseeing and managing compliance for state and city development incentive programs
- Overseeing the Service Assurance Framework, including demand management
- Identify opportunities for process improvement employing best practice operational excellence principles in conjunction with the Project Management Office
- Identifying key drivers for costs and opportunities for cost optimisation
Financial Management Group Job Description
- Communicate with other internal departments where appropriate, in particular, Regulatory Reporting, Corporate Reporting and Taxation.Liaise with third party administrator and / or outsource service provider (OSP) on monthly books and records for CFM entitiesExpense AnalysisBank account management including coordination of payments and signatory responsibilitiesCo-ordination of annual audit and tax return lodgementsRecapitalisations of group entities, as required
- Alternatively a J.D and/or LL.M in Tax law
- Currently operating at a Director in a Tax role
- Report to the Board of Director's and regulatory management committee on FOCUS and other US regulatory submissions, financial performance of regulated entities, regulatory capital and liquidity levels
- Review of medium and high risk client communications for the EMEA client base such as client presentations, brochures, digital properties and new communication templates
- Maintain an up to date knowledge of the regulatory environment and an awareness of the evolving mediums and methods used for promotions
- Coordinate IM compensation forecasts for annual budget, Quarterly forecasting, and CCAR
- Manage multiple business units sales commission plans, including the calculation, reporting, and coordination with IM BU and HR
- Collaborate with IM HR on all aspects of IM compensation deliverables including weekly/quarterly/annual forecasts CCAR
- Partner with IM HR on understanding monthly activity and fluctuations to forecast
- UK GAAP and IFRS experience
- Prepare formal project documentation including requirement and scope documents
- Assist in preparing project and resourcing plans
- Track project progress against key milestones
- Update the risks register
- Co-ordinate working group and steering committee meetings
Financial Management Group Job Description
- Complete ad-hoc requests/analysis
- Oversees and provides operational framework guidance on Middle Office policies between front and back office operations
- Lead the monthly forecasting and planning process for SG IBG Ops and ensure compliance to the financial KPIs
- Drive the annual budgeting exercise and manage the related follow-up activities for SG IBG Ops
- Monitor, track and ensure quality reporting on the status of productivity saves on a monthly basis
- Prepare and analyze monthly MTK, headcount and financial reports, any internal management reports
- Support in various report automation and programming effort within the department
- Provide secondary support in various people initiatives under CARE and Employee Engagement programs, where necessary
- Underwriting and analyzing new and renewal business
- Coaching and guiding a team of Underwriters
- Preparation of federal and state returns sales and use tax returns
- Proven experience in a similar role either within the business, legal, compliance department or within a regulator in relation to asset management products and services
- Fluency in an additional European language such as Spanish or German
- 5 to 7 years of relevant experience or similar experience in Finance/Business Management
- Degree holder in Business Administration, Finance or related disciplines
- Minimum 2 years of sales or marketing experience in financial institutions, with proven track record in selling insurance products
Financial Management Group Job Description
- Lead and manage small projects and initiatives or participate in larger projects driven by FIG or the wider ICB
- Managing multiple calendars including booking internal & external meetings, managing conflicts, booking rooms
- Processing purchase orders, invoices and monthly Amex /expense claims
- Assistance with coordination of team meetings including booking conference rooms, video conference/ arranging catering
- IT requests for the team
- Acting as coordinator & main point of contact for the team
- Arranging international/domestic travel (including coordination of approval)
- Preparation and review of GST returns involving analyses of transactions and underlying GST data
- Resolution and management of Indirect taxes related accounting and reporting issues
- Reconciliation of indirect taxes accounts and balances for the purposes of statutory reporting
- Previous experience with GAAP, General Ledger, Month-end Close, and SEC Reporting
- Excellent professional qualifications - BA/BSc (or equivalent) in Legal or Financial disciplines
- Bachelor Degree with a minimum of 8 years working experience in the middle office or back office management with broad understanding of product management, particularly in insurance and investment products
- Strong ability to spot and develop / revise process and procedures to improve the overall efficiency of the business and operations
- Sound banking, financial, compliance, control and regulatory knowledge
- Interest in development and enhancement of systems and process / workflow and ability to implement it across different locations
Financial Management Group Job Description
- Building code to extract data from a warehouse into an R model
- Documentation of any modelling
- Development of Test plans, Test estimations, Test cases/Scenarios and QA metric in support of test execution
- Develop knowledge of Investment Management and apply knowledge to creating business reviews and ad hoc reports
- Assist the COO and CFO with financial and operational analysis and execution of strategic business projects/initiatives
- Establish and build accounting group and infrastructure and processes to transact in expanding businesses
- Make recommendations to enhance efficiency of accounting, reporting functions, valuations, computer systems, and data quality
- Support management and the business in assessing the accounting treatment for proposed transactions
- Exercise leadership and expertise for process improvement, effective management to motivate and develop staff
- Interact extensively with key business unit staff, structurers, traders, internal and external counsel, compliance officer, operations, middle office, IT
- Able to adapt to changes and manage multiple priorities
- Strong ability to deliver under tight deadlines
- Experience working with Banks
- Currently enrolled in a Bachelor Degree majoring in Accounting or Finance
- College degree with major in accounting or business administration or equivalent
- Experience with financial reporting and forecasting Internal