Industrial Trainee - Financial Operations

Financial Operations
Hyderabad

We are looking for a resourceful candidate to join our Financial Operations group, based out of the firm’s Hyderabad office. The Financial Reporting team handles the firm’s investor and legal entity financial reporting including finalization of audits, conducting periodic variance analysis, and regulatory reporting for its hedge fund, benchmark relative fund and private fund vehicles that operate in global financial markets and invest in a wide variety of financial instruments.

What you’ll do day-to-day

Financial and Regulatory Reporting - In this role, you will collaborate with a number of senior stakeholders at the time of new fund launches, assist in the setting up of complex fund structures and transactions, conduct historical as well as projected analyses of fund performance, technical accounting analysis for complex financial instruments, and handle bespoke requests from various internal and external stakeholders. You will work closely with the office of the Chief Operating Officer (COO), the Chief Financial Officer (CFO), business unit (BU) heads, government regulators, and portfolio managers to provide key performance metrics to facilitate effective decision-making through insightful reporting, analyses, and recommendations within the MCA team. This involves P&L analysis, expense allocation, budgeting, cash management, financial and regulatory reporting, and finalization of audits for global management company entities. P&L reporting - The P&L team prepares firm-wide reports that provide insights and analyses on key performance indicators, including P&L, expenses, capital, returns, and fees. This involves coordinating with teams such as Front Office, Risk, Pricing, and other FinOp groups to ensure data accuracy, while managing recurring workflows to reconcile and allocate P&L, expenses, and capital. It also handles ad-hoc P&L and capital-related requests from portfolio managers and senior stakeholders and adapt the reporting infrastructure to reflect changes in the firm’s management company entities. Additionally, the above roles will involve handling change management processes while understanding and analyzing changes in the firm’s businesses and incorporating these changes into the firm’s financial reporting infrastructure. Furthermore, you will drive technology projects to develop reporting and analysis tools (including Power BI, Power Query and Alteryx), streamline workflows and enhance user experience. Finally, you will also be involved in staying abreast of developments in technical accounting, primarily US GAAP, UK GAAP, and HK GAAP to provide accounting guidance, adopt new accounting standards, and maintain the firm's accounting policy manual.

Who we’re looking for

The ideal candidate should hold:

Basic Qualifications:

A Chartered Accountancy degree and should have cleared CAInter/IPCC in their first or second attempt and completed a minimum of 1 year of articleship experience
The ability to uphold high standards, analyze rigorously, communicate clearly and concisely, thrive on collaboration, and should demonstrate a high degree of intellectual curiosity
High motivation and be an individual who can handle high levels of ownership in the respective area of operation while being comfortable functioning in an agile environment that entails timebound, high-quality deliverables

Preferred Qualifications:

Knowledge of business intelligence tools, along with an understanding of global accounting frameworks

Candidates with relevant experience looking to restart their careers after a break are encouraged to apply for this position.

The members of the D. E. Shaw group do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, caregiver status, or any other category protected by law. We are eager to hear from individuals having a wide range of backgrounds and personal characteristics.

Candidates who are residents of California (any such candidate, a “California Resident”) should click here for our CCPA Recruitment Personal Information Privacy Notice.

The D. E. Shaw group may collect, use, hold, transfer, and process candidates' resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term "personal information" is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass "personal data," "sensitive personal data," and "personally identifiable information" and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.

The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)

The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting.india@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.

The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.

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