Business Unit:

Office of the CFO

Reporting To:

Manager, Accounting

Shift:

EMEA (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

Role Summary

Joining our Russell Investments Global Finance Department means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors. We rely on a meticulous financial operation to drive business forward. In this role, as an Accounting Manager of the NRM (Net Revenue Management) accounting team, you will primarily oversee a team of accountants responsible for revenue recognition, as well as sub-advisor fee accruals and payments. The ideal candidate will have a strong background in accounting, excellent leadership skills, and a deep understanding of US GAAP and industry standards.

A key component of the Global Accounting team is continued focus on analyzing all functions for process improvement, service enhancement, quality, and efficiency. A successful candidate will be highly motivated and will have the ability to adapt to a transforming work environment while continuing to manage multiple requests with competing deadlines. This candidate will need to be detail-oriented, work quickly and efficiently, as well as conduct business in a professional and organized manner.

Years of Experience

7+ years of professional experience, with at least 3 years in a managerial role

Qualifications

Master’s degree/or CA Certification and investment industry experience preferred

Responsibilities

• Team Leadership: Lead and mentor a team of accountants, providing guidance and support to ensure accurate and timely financial reporting.
• Revenue Recognition: Oversee the revenue recognition process, ensuring compliance with relevant accounting standards and regulations. Perform analysis of new client contracts to ensure compliance with ASC 606 requirements under US GAAP.
• Subadvisor Fee Management: Manage the accrual and payment process for Subadvisor fees, ensuring accuracy and timely processing.
• Financial Reporting: Prepare and review financial statements, ensuring they reflect accurate and compliant revenue recognition and fee accruals.
• Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
• Compliance: Ensure all accounting practices comply with industry regulations and company policies.
• Collaboration: Work closely with other departments, including finance, operations, and compliance, to ensure cohesive and efficient financial management.
• Training and Development: Provide ongoing training and development opportunities for the accounting team to enhance their skills and knowledge.

Candidate Requirements

• Experience or familiarity with month-end close processes in order to understand key transactions and interactions
• Familiarity with multi-currency transactions
• Strong knowledge of revenue recognition principles and their application within the financial services industry.
• Excellent leadership and team management skills.
• Proficiency in accounting software and Microsoft Office Suite.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic environment.
• Ability to work under pressure and to manage deadlines, without sacrificing quality
• Proficient understanding of US GAAP, IFRS a plus

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
• Proactive approach to problem-solving with strong judgment and decision-making capability.
• Lead, motivate and support team members with respect and professionalism
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward-looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigour.