Staff Fund Accountant

Staff Fund Accountant

 

The Fund Accountant is primarily responsible for all aspects of day-to-day fund accounting for one or more assigned mutual funds and/or institutional funds, under the supervision of a Fund Accounting Supervisor. 

 

 

Responsibilities:

 Preparing timely and accurate Net Assets Values, yields, distributions, and other fund accounting output for subsequent review. Recording accurately, and in accordance with the Department policies and procedures, such accounting records as securities positions, corporate actions related, and journal entries. Accounting records could be recorded in MFACT, spreadsheets, or other systems. Reconciling of various accounts, or reviewing reconciliations prepared by others, and promptly researching and correcting any variances. Identifying exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution.Assisting, as assigned, in preparing audit schedules, compliance reports, N-SARs, tax returns, financial statements, or other reports. Writing reports periodically to management on Fund activities and other related issues. Researching, as assigned, certain securities in Fund portfolios for the purpose of ensuring proper accounting treatment (such as the nature of distributions, original issue discounts, and international valuations) and compliance with SEC, tax, and prospectus restrictions and limitations. Institutional fund accounting processes also include preparing, reconciling and distributing reports to/from marketing, separate custodians and investment management.  Participate in regular rotation of trade processing and other accounting processes to prepare the fund accounting system for the next day.

 

 

Education and Experience:College degree with significant exposure to accounting and other analytical course work. Previous work experience in the mutual fund industry. Previous experience in an accounting-related job(s).

 

 

Skills/Knowledge:Demonstrated analytical and organizational skills. Ability to work under pressure.Personal computer skills (spreadsheets, word processing).