Shaine Mandia
Los Angeles,USA
Summary
Results-driven Assurance Manager with a robust background in developing and implementing quality control processes that enhance compliance and mitigate risk. Proven track record of leading teams to achieve significant improvements through meticulous audits and comprehensive assessments. Expertise in navigating regulatory standards, combined with strong communication skills, fosters collaboration and drives organizational success. Committed to continuous improvement and delivering exceptional quality outcomes in all aspects of operations.
Overview
8
8
years of professional experience
1
1
Certification
Work History
FSO Assurance Manager
Ernst & Young US LLP
08.2023 - Current
- Lead engagement teams in auditing clients within the Wealth and Asset Management (WAM) industry, including Private Equities, Fund of Funds, Hedge Funds, and Private Credit Funds, focusing on investment strategies such as long/short equities and fixed income investments.
- Oversee comprehensive internal controls testing related to financial reporting.
- Act as a general reviewer for asset management clients, focusing on partners’ allocation testing (including management fee allocations), incentive fee/carried interest calculations, and waterfall calculations to ensure compliance with the Funds’ Limited Partnership Agreements. Conduct investment testing, including the existence and valuation of Level I and III investments, as well as testing for realized gains and losses.
- Reviews the financial highlights including the internal rate of return calculation
- Reviews clients’ financial statements and footnote disclosures, including accounting policy and regulatory footnote disclosures, to ensure quality and adherence to financial reporting standards and recent accounting guidance
- Develops and maintains productive working professional relationships with various clients’ management and establishes expectations of value/services to be delivered for such clients through meaningful conversations
- Spearhead collaborative planning efforts to achieve engagement objectives by initiating discussions with clients and audit executives.
- Develops and implements audit strategies that comply with professional standards and appropriately address identified risks
- Understands various industries that clients invest in and recognizes key performance drivers, business trends, and industry developments
- Prepares and lead discussions on audit results with key management
- Oversees engagement economics (costs & margins) and manages appropriate resources for efficient engagement models
- Participates in client pursuits and develops proposal presentations
- Uses technology to continually learn, share knowledge, and enhance service delivery
- Manages and motivates a team of associates ranging from 5 to 10 with diverse skills and backgrounds
- Develops people – conducts timely reviews and provides feedback to team members, leads engagement team sessions of learning, serves as a team leader – making sure that staffs and seniors’ professional experience and development on track for their respective career development, serves as a counselor for staffs and provide timely career guidance
- Collaborate with EY teams across global jurisdictions (New York, San Francisco, Cayman Islands, Philippines, Ireland, India, Australia, Luxembourg) to deliver quality services to mutual clients.
- Monitored operations metrics to deliver regular reporting to senior leadership.
- Review audit working papers compliant with Luxembourg GAAP.
- Serves as audit manager of the top asset management clients (public and private) in the Los Angeles office
- Mentored junior staff, fostering professional growth and improving team performance.
- Developed tailored audit strategies to enhance operational efficiency and compliance.
- Collaborated with clients to assess their financial reporting processes and improve accuracy.
- Implemented best practices for quality control in audit methodologies and documentation processes.
- Maintained up-to-date knowledge of industry regulations and trends, allowing for accurate assessments of client needs.
- Developed workflow applications to facilitate document review and revision processes.
- Developed strong client relationships through effective communication and proactive problemsolving.
- Managed cross-functional teams, resulting in smooth operations and successful audits.
Senior Associate
Ernst & Young US LLP | Ernst & Young Philippines
01.2022 - 08.2023
- Worked as Senior Associate/Assistant Manager for clients under the WAM industry (Private Credit Funds, Private Equity Funds, Fund of Funds and Hedge Funds) mainly handling clients domiciled in the United States.
- Worked and collaborated with teams from The Bahamas, Bermuda, Cayman Islands (collectively, BBC), Philippines, and India in delivering high quality audits
- Supervised and coached team members from different regions and provided guidance throughout the audit process
- Executed complex audit procedures while developing effective, client-focused audit strategies.
- Led the automation initiative in various areas of the audit process, enhancing efficiency and accuracy.
- Identified and addressed potential risks and developed new ways to improve processes that promote growth
- Managed administrative tasks, including budget preparation, drafting engagement letters, and confirming independence requirements.
- Oversaw engagement economics and kept supervisors informed of audit engagement status.
- Facilitated training sessions for new and experienced staff.
- Mentored junior associates, providing guidance on project management and client engagement strategies.
- Developed and executed audit plans, ensuring compliance with regulatory standards and best practices.
- Facilitated training sessions on new systems and methodologies, fostering a culture of continuous improvement.
- Drove the adoption of innovative tools and technologies, enhancing data analysis capabilities across teams.
- Implemented process improvements that led to significant time savings and increased accuracy in deliverables.
- Consistently maintained strong relationships with clients, ensuring clear communication and timely updates on project progress.
- Trained and supported new team members, maintaining culture of collaboration.
- Collaborated with cross-functional teams to drive successful completion of complex projects within deadlines.
- Managed entire audit process and evaluated work of junior team members.
- Managed multiple client engagements simultaneously, consistently delivering high-quality work within tight deadlines.
- Mentored junior staff members in various auditing techniques and best practices, fostering a positive learning environment.
- Participated in regular training sessions to maintain knowledge of emerging accounting standards and audit methodologies.
Associate
EY GDS (CS) Philippines Inc. | Ernst & Young Philippines
11.2018 - 10.2019
- Conducted audits for clients in the Wealth and Asset Management (WAM) industry, focusing primarily on Private Credit Funds, Fund of Funds, and Hedge Funds, with a particular emphasis on US-domiciled clients.
- Executed and documented audit procedures in alignment with engagement objectives and planned audit approaches as directed by the core audit team in the US.
- Developed a comprehensive knowledge base on risk management, understanding significant business processes, relevant regulations, and specific client risks.
- Conducted audit procedures throughout all phases of the audit process, ensuring thoroughness and adherence to US GAAP.
- Streamlined workflow processes, resulting in improved operational efficiency across multiple projects.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Prepared working papers, reports and supporting documentation for audit findings.
Associate
Sycip Gorres Velayo & Co. (EY Philippines)
11.2017 - 11.2018
- Handled external audit in the Philippines under Utilities and Staffing Industries
- Executed and documented specific audit procedures as defined by engagement objectives, work step allocations and planned audit approach
- Built a knowledge base about risk management which includes understanding significant business processes, regulation applicable to various clients and other risks specific to a client’s business
- Utilized EY’s analytical tools (EY Helix, EY Global Analytics) in delivering analytical procedures to various audit clients
- Performed audit procedures from planning to conclusion phase of the audit process
- Analyzed financial statements for accuracy and identified discrepancies in reporting.
- Conducted audits to ensure compliance with regulatory standards and internal policies.
- Assisted in the preparation of detailed audit reports highlighting findings and recommendations.
- Collaborated with senior auditors on complex audit engagements to gain valuable insights and experience.
- Maintained strict adherence to deadlines by efficiently managing assigned tasks and prioritizing workload.
- Executed substantive testing procedures that helped verify the correctness of financial statements.
- Performed walkthroughs of clients'' processes and gained practical understanding about their operations.
- Assisted in risk assessment activities for improved audit planning and resource allocation.
- Gained exposure to multiple industries through diverse client engagements, broadening understanding of business operations and risks.
- Performed detailed testing of account balances, transactions, and disclosures for accurate financial reporting.
- Reviewed client accounting records to identify potential errors or misstatements, ensuring the quality of financial information.
- Followed established auditing processes to meet internal and regulatory requirements.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Prepared working papers, reports and supporting documentation for audit findings.
Education
Bachelor of Science - Accountancy
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
Manila, Philippines05-2017
Skills
- Alteryx
- Risk assessment
- Compliance management
- Critical thinking
- Teamwork and collaboration
- Time management
- Attention to detail
- Problem-solving abilities
- Multitasking
- Excellent communication
- Organizational skills
- Microsoft office
Certification
- Certified Public Accountant – Philippines
- Certified Public Accountant – California, USA (160136)
Timeline
FSO Assurance Manager
Ernst & Young US LLP
08.2023 - Current
Senior Associate
Ernst & Young US LLP | Ernst & Young Philippines
01.2022 - 08.2023
Associate
EY GDS (CS) Philippines Inc. | Ernst & Young Philippines
11.2018 - 10.2019
Associate
Sycip Gorres Velayo & Co. (EY Philippines)
11.2017 - 11.2018
Bachelor of Science - Accountancy
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES