Manager, NRM India

Job Posting Description

Role Summary

Joining our Russell Investments Global Finance Department means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors.  We rely on a meticulous financial operation to drive business forward. In this role, as an Accounting Manager of the NRM (Net Revenue Management) accounting team, you will primarily oversee a team of accountants responsible for revenue recognition, as well as sub-advisor fee accruals and payments. The ideal candidate will have a strong background in accounting, excellent leadership skills, and a deep understanding of US GAAP and industry standards.

A key component of the Global Accounting team is continued focus on analyzing all functions for process improvement, service enhancement, quality, and efficiency. A successful candidate will be highly motivated and will have the ability to adapt to a transforming work environment while continuing to manage multiple requests with competing deadlines. This candidate will need to be detail-oriented, work quickly and efficiently, as well as conduct business in a professional and organized manner. 

Years of Experience

7+ years of professional experience, with at least 3 years in a managerial role

Qualifications

Masters degree/or CA Certification and investment industry experience preferred

Responsibilities

• Team Leadership:

   Lead and mentor a team of accountants, providing guidance and support to ensure accurate and timely financial reporting.

• Revenue Recognition:

   Oversee the revenue recognition process, ensuring compliance with relevant accounting standards and regulations. Perform analysis of new client contracts to ensure compliance with ASC 606 requirements under US GAAP.

• Subadvisor Fee Management:

   Manage the accrual and payment process for Subadvisor fees, ensuring accuracy and timely processing.

• Financial Reporting:

   Prepare and review financial statements, ensuring they reflect accurate and compliant revenue recognition and fee accruals.

• Process Improvement:

   Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.

• Compliance:

   Ensure all accounting practices comply with industry regulations and company policies.

• Collaboration:

   Work closely with other departments, including finance, operations, and compliance, to ensure cohesive and efficient financial management.

• Training and Development:

   Provide ongoing training and development opportunities for the accounting team to enhance their skills and knowledge.

Candidate Requirements

• Experience or familiarity with month-end close processes in order to understand key transactions and interactions
• Familiarity with multi-currency transactions
• Strong knowledge of revenue recognition principles and their application within the financial services industry.
• Excellent leadership and team management skills.
• Proficiency in accounting software and Microsoft Office Suite.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic environment.
• Ability to work under pressure and to manage deadlines, without sacrificing quality
• Proficient understanding of US GAAP, IFRS a plus

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
• Proactive approach to problem-solving with strong judgment and decision-making capability.
• Lead, motivate and support team members with respect and professionalism
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward-looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firms values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigour.