Finance Transformation, Subledger Private Equity Accounting Manager

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

The opportunity 

Recognizing the changing and fast-paced professional world, a successful Technology Solutions Delivery (TSD) Finance Management Senior will work with our clients to transform their business problems into technology solutions. You will team with engagement leadership to design, build and deploy technology solutions which helps our clients enhance the operating effectiveness of the finance and operations functions in the private equity fund space by assisting them as they shift their emphasis from transaction-level control, processing and reporting to more value driven, decision support and analytics. 

Your key responsibilities  

Support project teams through all phases of the technology delivery life cycle to implement accounting software for private equity funds. Lend specific subject matter knowledge to the design and integration phase of each project, helping to give specificity to the appropriate architecture, data model, system design and interfacing requirements. 

Our clients are always looking for ways to be more efficient and cost effective, you will advise clients on a variety of business process services that help identify, assess, manage and measure the organization's capabilities.  

Skills and attributes for success  

You will ideally have previous exposure in supporting technical aspects of Finance Transformation programs in areas such as general ledgers, sub-ledgers, financial close and reconciliations. You will have an understanding of accounting operations and business knowledge of private equity funds. You will possess excellent communication skills, problem-solving skills, and an inclination to bond with our clients to provide an outstanding service delivery experience. 

To qualify for the role, you must have 

• 3+ years of work experience, including 2+ year of system implementation execution, system implementation design, and/or lean / six-sigma operational improvement projects 
• A minimum of 2 years of relevant experience at a private equity company or comparable working experience
• Used business process, organizational and technology capabilities and knowledge across several of the following focus areas:  
  • Finance Strategy (Vision, Mission, Guiding Principles) 
  • Financial Accounting and Reporting operations/technology 
  • General Ledger/ERP Systems features/functionality 
  • Private equity Subledger System and Data Warehousing features/functionality 
  • Financial Close and Reconciliations features/functionality 
  • Statutory Reporting Systems features/functionality 
  • Enterprise Technology Expense Reduction  
• Demonstrated ability to support all phases of the technology life cycle, based on proven project management and testing methodologies as well as ability to coach and guide junior technology advisors 
• Possess knowledge of technical architecture design and have a good understanding of technology tools and components to reasonably argue for and against all components (middleware, database, reporting tools, etc.) in financial systems architecture 
• Possess business and accounting knowledge of private equity funds (such as understanding lifecycle events and resulting accounting; calculations relating to, but not limited to, management fee, carried interest, waterfall, and investor rebalance; and financial and regulatory reporting required of private equity funds
• Possess knowledge of private equity data needed to perform fund accounting
• Willingness and ability to travel approximately 25%-50% 

Ideally, you’ll also have 

• Graduate degree in computer science, engineering, accounting, finance or a related field 
• Project experience in the following areas: 
  • Finance transformation and accelerated close; sub-ledger/ledger redesign; management reporting enhancement, business intelligence/decision support; enterprise application integration; financial planning, budgeting and forecasting; business/merger Integration; reconciliation redesign or improvement 
• Experience or exposure to the following accounting softwares: FIS Investran, Blackrock eFront, LemonEdge, Entrilia, AllVue 

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.