Summary: The Senior Fund Accounting Consultant will focus on enhancing the fund accounting function through a comprehensive review of the operating model, processes, and technology. This role requires collaboration with senior management and operational teams to provide actionable recommendations for efficiency, compliance, and performance improvement. The consultant will also ensure alignment with regulatory requirements and industry best practices while supporting training and knowledge transfer initiatives. This position is a contract role lasting between 3 to 6 months, starting on March 3, 2025.

Key Responsibilities:

• Assess the current fund accounting operating model, including systems, processes, and workflows, to identify areas for improvement and efficiency gains.
• Conduct a thorough review of fund accounting processes across financial reporting, NAV calculation, performance reporting, reconciliation, and compliance checks.
• Benchmark the organisation's fund accounting practices against industry standards and best practices to ensure competitiveness and compliance.
• Provide expert advisory on enhancing fund accounting operations, including recommendations on process improvements, technology upgrades, and outsourcing strategies.
• Advise on structuring the fund accounting function to meet both regulatory requirements and internal business objectives.
• Assist in identifying and mitigating key operational risks, ensuring robust controls are in place for fund accounting and reporting processes.
• Review the technology stack and fund accounting systems to identify opportunities for automation, digital transformation, and system enhancements.
• Recommend technology solutions or upgrades to improve the efficiency, accuracy, and scalability of fund accounting operations.
• Ensure that the fund accounting operating model aligns with Australian regulatory requirements and provide advice on compliance with industry-specific financial regulations.
• Support the development of a robust compliance framework to ensure accurate financial reporting, tax reporting, and audit readiness.
• Review existing performance metrics and KPIs for the fund accounting function and recommend new metrics for monitoring efficiency, accuracy, and compliance.
• Collaborate with senior leadership, operational teams, auditors, and third-party service providers to ensure smooth execution of the advisory recommendations.
• Document findings from the review process, including a comprehensive gap analysis, opportunities for process optimisation, and detailed action plans.
• Support training and knowledge transfer sessions for internal teams regarding any new processes, technologies, or changes in best practices.

Key Skills:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field (or equivalent professional qualification).
• CPA, CA, or CFA certification preferred but not essential.
• Significant experience in fund accounting, with exposure to fund management, investment operations, and financial reporting.
• Proven experience in advising or consulting on fund accounting operations across a range of asset classes.
• In-depth knowledge of Australian and international financial regulations affecting fund accounting.
• Strong understanding of fund accounting systems and financial reporting platforms.
• Proficiency with accounting software and tools.
• Advanced Excel and data analysis skills.
• Excellent communication skills, both written and verbal.
• Strong problem-solving and analytical skills.
• Ability to work autonomously and manage multiple workstreams with competing deadlines.
• Detail-oriented with a strong focus on accuracy and timeliness.

Salary (Rate): 1500

City: Brisbane

Country: Australia

Working Arrangements: undetermined

IR35 Status: outside IR35

Seniority Level: undetermined

Industry: Other