Associate, Fund Accounting recruitment
We offer these strategies as single-asset-class components as well as complete investment solutions.
Our wide range of mutual fund and separate account strategies are primarily sold to financial intermediaries across the U.S.
JOB SUMMARY:
Assist with Mutual Fund Treasury activities to include cash management, fund and bank relations and expense reporting/budgeting and analysis. Duties also include activities related to creating and maintaining various reports to the Board of Trustees, subadvisors, and management.
ESSENTIAL FUNCTIONS:
• Calculate expense payments, allocate invoices and create expense authorizations, including oversight of entries and expense worksheets.
• Review bank records and reconcile expense payments and accruals.
• Assist with the review of various fund expense invoices from service providers.
• Track and report details of the Funds for quarterly board reporting and annual contract renewal materials
• Prepare and maintains various internal and external Fund reports.
• Research discrepancy issues between Fund Administrators and custodian bank(s).
• Prepare or review Expense Budgets for the Funds, and prepare adjusting entries.
• Prepare monthly expense analyses for affiliated subadvisors.
• Oversee Managers Interfund Lending program
• Monitor large trades; interact with the bank and subadvisors.
• Monitor cash balances, place money market fund trades as needed.
ADDITIONAL RESPONSIBILITIES:
• Perform other administrative tasks and projects as requested.
• File invoices, reports and electronic filings as need.
• Assist in certain year-end tax and shareholder reporting responsibilities as needed
• Support the mutual fund modeling department as needed.
KNOWLEDGE, SKILLS AND ABILITIES:
• Detail oriented.
• Prioritizes, plans and takes initiative.
• Demonstrates problem solving abilities and includes the appropriate people in the decision making process with regards to account exceptions and errors.
• Supports Company values and treats others with respect and consideration.
• Communicates effectively with colleagues and service providers.
• Works productively in a team environment.
• Excels in a fast-paced environment while meeting deadlines and executing responsibilities with minimal errors.
• Highly proficient in Microsoft Office (specifically Excel), able to learn and use other programs and systems including Bloomberg.
EDUCATION AND EXPERIENCE:
• Bachelor’s degree in a business-related field, accounting or finance preferred.
• One to three years mutual fund reporting and/or fund administration experience preferred.