AVP Expense Management amp Analysis

2 weeks ago


Los Angeles, United States CLevelCrossing Full time

Apply Now Seeking an Assistant Vice President, Expense Management & Analysis to join an Asset Management Company in the Los Angeles area. This role sits in the Expense Management & Analysis sub-department of the Fund Accounting & Operations department. This role will lead the effort to improve operations of our unique Accounts Receivable operation and implement reporting and analytics for senior management as well as various departments across the company.

Responsibilities include:

- Lead Receivables team of 1.5 onshore and 2 offshore team members and oversee operations

- Ensure efficient processing and timely collections for high volume of customer invoices

- Maintain fund billing schedules, regularly assessing structure to reduce payment terms

- Develop, implement, and manage performance KPIs to measure effectiveness of offshore allocation team.

- Work with BPO management to identify inefficiencies within processing, ensure BPO team performance meets established standards

- Drive process and system improvements

- Develop forecasting analytics for Fund Accounting managers and Treasury

- Identify opportunities for simplification of process for our group and partners

- Design quarter end procedures to capture and report pre-quarter end outstanding balances

- Serve as subject matter expert on expense lifecycle

- Present regular updates to leadership about accomplishments and challenges

- Provide superior internal customer service

- Act as relationship manager

Fund Accounting

- Liaise with Fund Accounting teams to align on requirements between Workday, vEMS and Geneva

- Partner with Fund Accounting managers for reporting and improvements

- Partner with peers to shorten time between supplier payment and fund reimbursement

Tax & Treasury

- Partner with AP Tax Relationship Manager to prepare for ongoing tax deadlines

- Partner with Tax/Treasury teams to timeline and resource plan around large volume, cyclical tax payments and reimbursements

- Partner with Treasury for reimbursement forecasting

- Present regular, comprehensive updates to Tax leadership and senior leadership

Corporate Accounting

- Analyze Corporate reimbursements

- Manage agreed upon liquidation reserve process

- Document and perform Quality Control reviews of Expense Management & Analysis policies & procedures

- Work closely with leadership and resources within the team to continuously improve process and data quality standards within the group.

Required Skills:

- Bachelor's degree required.

- 5 - 7 years Accounts Payable, Accounts Receivable or Accounting within the financial services industry, preferably in the investment management industry

- Experience in 'Big 4' type organizations (or comparable), in consulting or audit

- Track record in business analysis and process improvement

- Solid analytical skills and ability to understand and resolve complex problems

- Experience with large sets of data

- Expertise in Microsoft Excel, Word, PowerPoint, and Visio

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