Assistant Manager

Job Title: Assistant Manager, Statutory Reporting

Company: LSEG (London Stock Exchange Group)

Location: Colombo, Sri Lanka

Salary: LKR 100,000 – 200,000 per month

About the Job:

LSEG (London Stock Exchange Group) is seeking a highly skilled and motivated Assistant Manager – Statutory Reporting to join our team in Colombo, Sri Lanka. This role is crucial for ensuring compliance with LSEG’s policies, internal controls, IFRS, and local tax and GAAP requirements. The successful candidate will play a pivotal role in the Legal Entity Controllership team and will require strong project management skills, technical expertise, and the ability to proactively manage key stakeholder relationships. This position reports to the Area Controller (Manager) – Statutory Reporting.

Key Responsibilities:

  1. Local Statutory and Tax Compliance:
    • Ensure compliance with local statutory and tax requirements for a country or a group of countries.
    • Collaborate closely with internal teams and external service providers to manage statutory and tax reporting.
  2. Annual Accounts Production:
    • Take responsibility for the production of annual accounts, ensuring accuracy and compliance with relevant standards.
  3. Entity Accounting:
    • Work with various business partners to ensure legal entities are accurately, completely, and timely accounted for in the enterprise systems.
    • Ensure robust controls are in place for underlying processes.
  4. Month-End Close:
    • Ensure the month-end close process aligns with LSEG’s global reporting timetable.
    • Review critical accounts to ensure they are reconciled to underlying documentation and transactions are coded accurately per LSEG and local accounting policies.
  5. Balance Sheet and Cost Account Analysis:
    • Perform detailed analysis of all balance sheet and cost accounts.
    • Participate in regional balance sheet and cost reviews.
  6. Audits and Reviews:
    • Liaise with auditors on statutory and SOX audits.
    • Provide necessary documentation and support for audit processes.
  7. Tax Packs and Provisions:
    • Work with the Tax Department to complete tax packs, book tax provisions, and monitor tax account movements.
    • Support tax audits directly or through third-party providers as agreed with the Tax Department.
  8. Transfer Pricing:
    • Review quarterly transfer pricing calculations for Group books and perform true-up calculations for local books in conjunction with the Transfer Pricing Department.

Candidate Profile:

  • Qualifications:
    • Qualified Accountant from a recognized professional institute (CIMA/ACCA/CA) or a Degree in Accounting/Finance from a recognized university with 5-7 years of experience.
    • Candidates with part qualification/degree and relevant experience will also be considered.
  • Experience:
    • Significant experience in preparing statutory accounts across multiple entities.
    • Strong background in financial accounting within a large organization.
    • Proven knowledge of IFRS and accounting concepts.
    • Experience managing senior stakeholders and adhering to tight reporting deadlines.
    • Experience with Oracle, HFM, Blackline accounting systems.
    • Ability to manage cross-geography relationships effectively.
  • Skills:
    • Strong Excel skills with confidence in managing complex spreadsheets.
    • Excellent oral and written communication skills, tailored to resonate with target audiences.
    • Ability to design and operate robust reporting frameworks.
    • Strong planning and prioritizing skills aligned with business needs.
    • Proficiency in working according to UK work hours.
  • Attributes:
    • Ability to scope and shape roles while adapting to a fast-changing environment.
    • Process-oriented mindset with a focus on driving a collaborative culture within finance.
    • Strong relationship-building skills with global colleagues.
    • Maximize opportunities by challenging existing processes, adopting Group practices, and seeking information and clarification.
    • Utilizes all available resources and toolsets to investigate and resolve problems, ensuring the most appropriate solutions are identified.

Benefits:

  • Competitive salary ranging from LKR 100,000 to 200,000 per month.
  • Comprehensive health and wellness benefits.
  • Opportunities for professional development and career advancement.
  • A dynamic and inclusive work environment.
  • Access to global financial markets infrastructure and data resources.

Application Process:

Interested candidates are invited to apply through the LSEG careers portal at www.lseg.com/careers. Please include “Assistant Manager, Statutory Reporting Application – LSEG” in the subject line. Applications will be reviewed on a rolling basis, and early applications are encouraged.

About LSEG:

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider. Our purpose is to drive financial stability, empower economies, and enable customers to create sustainable growth. We are committed to fostering an inclusive and dynamic work environment where employees can thrive and contribute to our mission of providing critical financial solutions and insights.

Why Join LSEG:

At LSEG, we value innovation, collaboration, and continuous improvement. Our team is composed of passionate and driven professionals dedicated to making a positive impact in the financial industry. We offer a supportive and inclusive work environment, opportunities for professional growth, and the chance to work with cutting-edge financial technologies and data resources.

Equal Opportunity Employer:

LSEG is an equal opportunity employer. We welcome applications from all qualified individuals, regardless of race, gender, disability, or any other legally protected status. If you need accommodation for any part of the employment application process due to a disability, please contact us at [insert contact email].

Join Us:

Apply now to become a part of LSEG and contribute to our mission of driving financial stability and empowering economies. Be a part of a team that values your contributions and supports your professional journey.

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