Fund Accountant I (Mutual Funds)
reputed company is looking for a Fund Accountant I to join their Registered Fund team, which manages the daily accounting and operational tasks for mutual fund clients. The role involves overseeing the daily calculation of net asset values and performing various accounting functions for multiple funds while ensuring compliance with GAAP regulations.
Responsibilities
- reputed company general ledger accounting functions for multiple funds
- Prepare and review preliminary trial balance and NAV calculation for multiple funds
- Monitor and analyze income and expense accruals to ensure GAAP compliance
- Analyze corporate action application for GAAP compliance
- Reconcile cash settlements to the custodian and prime broker records
- Reconcile position quantity to the custodian and prime broker records
- Investigate and resolve cash or position discrepancies by collaborating with the custodian, prime brokers, transfer agency, advisor, and/or portfolio managers/traders
- Review and resolve trade detail exceptions to ensure transactions are accurately reflected by collaborating with the advisor/portfolio manager or trader
- Analyze reputed company pricing exceptions to ensure proper prices are used in the calculation of the NAV
- Partner with various internal/external parties to ensure compliance with SEC regulations, IRS, and GAAP reporting regulations
- Coordinate audit materials as well as responses to audit inquiries
- Other duties as assigned
Skills
- You possess a Bachelor's Degree in one of the following Accounting, Finance, Investment Banking, Economics, or International Business
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- A comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings
- Flexible spending
- Dependent care accounts
- Adoption assistance
- An employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- An associate wellbeing program
- An associate emergency fund
- Various associate banking benefits
Company Overview