Head of Distribution, Tax, Financial Reporting - Melbourne
About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.
With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.Role Summary:As the Head of Distributions Financial Reporting and Tax, you will oversee the operations comprised of diverse professionals for fund services functions and be responsible for managing the Financial Reporting division or unit/function.
You will support the Australian Financial Reporting team responsible for monthly, quarterly, half-yearly, and annual financial reporting, regulatory reporting, and tax reporting to a diverse range of investment manager and superannuation fund clients and act as an escalation point for any client queries.
It will be crucial for you to establish a level of client knowledge to ensure all requirements are met and allow the team to build the relationship further.
You will also be involved in managing the new client onboarding process as it relates to financial reporting and tax, in conjunction with other teams.
You will report to the Head of Global Fund Services in Asia Pacific.What you will do:Conduct the performance management process, identify training and development needs, and establish performance standards for the division/unit.Make staffing decisions, and ensure resources are available to accomplish priorities.Key decision-maker for the salary review process for the division.Participate in developing the division's strategic plan and set goals and priorities based on the direction set for the unit; follow through to ensure that objectives are met.Develop the unit's budget and manage the expenses for the division/unit.Provide leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.Carry out complex initiatives involving multiple disciplines and/or ambiguous issues.Display a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness, and productivity.About You:Essential:Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set.Excellent oral and written communication skills are required.In-depth functional/industry knowledge is required.Analytical and problem-solving skills are required.Extensive experience working within a Custodian, Superannuation fund, or Investment Manager accounting/tax team.Technical understanding and practical application of accounting and tax concepts as they relate to Managed Investment Schemes (MIS's) and Superannuation funds.Demonstrated high-level understanding of the application of Australian Accounting Standards as they relate to MIS's and Superannuation funds, and the different assets they invest in.Demonstrated high-level understanding of the application of Australian Tax rules as they relate to MIS's and Superannuation funds, and the different assets they invest in, and an understanding of different trust structures and entity types.Demonstrated understanding of the application of regulatory reporting requirements - APRA, ABS, BAS, PAYG.Proficient in Excel.Accounting/Commerce/Finance degree qualified ideally with a CA or CPA.Understanding of unit pricing and unit registry concepts.Client service and relationship management experience.Highly Desirable:Minimum of 10 years of experience, with at least 3 years in a similar leadership role focused on distribution, financial reporting, and tax.
Previous experience in managing a large team.Working with Us:As a Northern Trust partner, greater achievements await.
You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!
Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies!
Build your career with us and apply today.
#MadeForGreaterReasonable accommodation:Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.
If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at ******.
We hope you're excited about the role and the opportunity to work with us.
We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
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