[Hiring] Statutory Reporting & Compliance Manager @Valsoft Corporation

Role Description

The Statutory Reporting & Compliance Manager owns timely, accurate and audit-ready statutory reporting for every legal entity in the group, across all portfolios. The role separates statutory compliance from the portfolio finance teams, allowing them to focus on business performance, cash, and portfolio priorities, while statutory deadlines and accounting judgments have a dedicated owner. The role holder is the single point of accountability for statutory accounts, statutory audits, local GAAP to IFRS conversion, and the group's compliance calendar.

Key Responsibilities

• Statutory accounts:
  • Prepare, or oversee preparation of, statutory financial statements for all legal entities under local GAAP.
  • Own the group statutory and filing calendar, ensuring every filing deadline is met.
  • Manage local accounting and filing providers where entities are serviced externally.
• Statutory and group audits:
  • Plan and lead statutory audits end to end: timetable, PBC lists, audit files, and closing meetings.
  • Act as primary contact for statutory auditors, coordinating support to the group auditor.
  • Resolve audit findings and track management letter points to closure.
• IFRS and technical accounting:
  • Deliver local GAAP to IFRS conversions and respond to IFRS reporting requests.
  • Set group accounting policies and position papers, e.g., IFRS 15 revenue recognition, IFRS 16 leases, capitalized development costs, and intercompany in close cooperation with the headquarter.
  • Support acquisition accounting for new deals, including opening balance sheets, purchase price allocation, and alignment of acquired entities to group policies.
• Compliance and controls:
  • Maintain the legal entity register from a finance perspective: filing status, auditors, year-ends, and local requirements.
  • Define minimum statutory standards that the portfolio teams' month-end must meet, e.g., balance sheet reconciliations and documentation.
  • Coordinate responses to internal audit findings that relate to statutory reporting.
  • Support entity rationalization, such as mergers and liquidations of dormant entities.
• Tax interface:
  • Work with the Tax Manager on tax provisions, deferred tax, and tax notes in the statutory accounts.
  • Provide the financial data needed for transfer pricing documentation and local tax filings.

Qualifications

• Qualified accountant (ACA, ACCA, CPA, CA or equivalent).
• 7+ years in statutory reporting, including 3+ years in audit at a Big Four or mid-tier firm.
• Strong IFRS knowledge, especially IFRS 15 and IFRS 16.
• Experience with statutory accounts and audits across several jurisdictions, including the US, Europe, and APAC.
• Track record of running multiple statutory audits in parallel against fixed deadlines.

Preferred Qualifications

• Experience in a multi-entity software, SaaS, or buy-and-build group.
• Acquisition accounting and post-deal integration of acquired entities.
• NetSuite or a comparable multi-entity ERP.
• Experience managing outsourced accounting and filing providers.

Skills and Personal Attributes

• Calendar discipline: plans months ahead and treats filing deadlines as fixed.
• Independence: holds a technical position under business pressure and escalates early.
• Influence without authority: gets entity teams in other reporting lines to deliver on time.
• Hands-on: prepares accounts and audit files personally where needed; this is not a pure oversight role.
• Clear communicator: explains technical accounting to non-accountants, including investment partners and other senior management.
• Builder: creates templates, checklists, and standards that make the next year's cycle faster. Leverages tools to automate tasks.
• Languages: fluent English; additional European languages are a plus.

Success Measures

• First 3 months: Complete statutory and filing calendar for all entities, with owners and current status.
• First 3 months: Overdue filings and open audits identified, with 50% resolved.
• First 6 months: All statutory filings submitted on time, with no late-filing penalties.
• First 12 months: Statutory audits closed within agreed timetables; prior-year management letter points resolved.
• First 12 months: Portfolio finance teams’ time spent on statutory work cut by at least 50%.
• First 14 months: Automate at least 40% of the recurring preparation work for statutory audits.
• Ongoing: Newly acquired entities aligned to group policies and the calendar within 6 months of closing.