Cosmin Emanuel Ion, FCCA

Experience

• 

  EY

  Sept 2007 - Sept 2021

  Managed audits of consolidated and standalone financial statements under IFRS and LuxGAAP, ensuring full compliance with relevant accounting standards, laws, and regulations.Coordinated audit teams for global clients at Primary team level, managing all phases from planning and risk identification to defining audit scope, developing responses and procedures, and successfully concluding audits.Served as the subject matter expert on SOX compliance for US-listed clients, overseeing risk identification, controls testing, and results analysis, ensuring alignment with the COSO framework, internal methodologies, and regulatory standards.Assisted in several high profile capital market transactions, providing audit insights and ensuring accuracy of financial data and reporting included in the offering document.Regularly presented audit results and findings to the Boards and Audit Committees, ensuring effective communication and highlighting key financial risks or issues. Show less During my three-year secondment in Italy, I served as coordinating manager for the audit of a large, listed automotive group based in Torino. My responsibilities included defining the audit scope, identifying risks, planning response procedures, and evaluating their adequacy. The role also required extensive communication with component teams to critically assess their reporting and aggregate findings. Additionally, I prepared technical memos on complex group audit topics (e.g., revenue recognition) and drafted audit presentations for the Audit Committee. Show less

  • Senior Manager Audit

    Oct 2014 - Sept 2021

  • Audit Manager

    Oct 2011 - Sept 2014

  • Senior Auditor

    Sept 2007 - Sept 2011
• 

  The Citco Group Limited

  Oct 2021 - Oct 2024

  Served as the primary point of contact between the Fund Administrator and Fund Management, overseeing service level agreements (SLAs), preparing proposals, onboarding new funds and addressing incidents swiftly. Managed the relationship with the Luxembourg AIFM, delivering quarterly KPIs for regulated funds and supporting their periodic due diligence processes.Coordinated with external stakeholders—Auditors, Regulator, Property Managers and Asset Managers—to ensure compliance and smooth fund operations.Drive the collaboration across internal departments, including Transfer Agent, Depositary, COSEC, Payments, and AML/KYC, to streamline operations and maintain robust fund administration, while coordinating closely with Shared Services teams in Vilnius, Cork and India to ensure seamless alignment across global locations.Led the development of a local team of 8 in Luxembourg through hands-on training and mentorship, following the established appraisal process while providing continuous and periodic feedback. Challenged the team to identify their goals and recognize areas where knowledge gaps existed, fostering a culture of ongoing learning and improvement to ensure consistent service quality and empower the team to perform at their best.Designed and implemented the outsourcing of fund accounting operations from Luxembourg to global shared services locations, ensuring the seamless transition while maintaining high-quality service standards and operational efficiency. Show less Directed key fund administration functions, including the accurate and timely calculation of quarterly NAVs, preparation of financial statements, coordination of audits, management of regulatory reporting and resolution of investor queries.Ensured strict compliance with regulatory requirements and industry standards across all financial reporting processes.Drive the collaboration with internal departments such as Transfer Agent, Depositary, COSEC, Payments and AML/KYC to streamline operations and maintain robust fund administration operations.Successfully delivered a large-scale IFRS consolidation with numerous technical complexities, managing the preparation of a special set of consolidated financial statements alongside the quarterly reporting. This project involved close collaboration with both the client and auditor, ensuring all technical particulars were addressed while meeting tight deadlines under pressure. Show less

  • Senior Vice President - Fund Accounting, Real Assets

    Jun 2022 - Oct 2024

  • Vice President - Fund Accounting, Real Assets

    Oct 2021 - May 2022