Fund Accounting / Fund Administration and Reporting (BUY side)

Accountable for the daily, weekly, and monthly compliance and account reconciliations of a variety of Mutual Funds of low to medium complexity.
Responsibilities include:

•Complete monthly diversification and prospectus restriction tests as required to ensure adherence to prospectus and Internal Revenue Code regulations using data provided by the Custodian.

• Maintain communication with custodian bank and external investment subadvisors to verify pricing of funds and corporate actions are processed correctly. Verify that sub-advisors are completing monthly reconciliations of market values, cash balances, and share positions to custody and any differences fall within tolerances.

•Review fund trial balances and custody reconciliations for reasonability, participate in the expense reconciliation process to verify that fund accounting is accruing and booking expenses correctly on a monthly basis, and maintaining an accounts payable reconciliation.

•Prepare financial information for quarterly Trustees meeting in formats requested by the Board of Trustees including fund expenses, income, and share data.

•Prepare audit schedule list of fund securities and rollforward totals of fund expenses and income to be included in semi-annual and annual reports.

•Complete surveys from financial analysis institutions using fund information provided by the custodian and approved by manager. Compile information, format data as requested and contact institutions when necessary.

•Prepare daily fund summary of assets for company wide distribution via electronic mail system.

•Participate in the preparation of the Quarterly Investment Guide and class action documentation.

•Responsible for the completion of the financial statements published in the semi-annual and annual reports.

•Assist in the preparation and filing of N-SAR.

•Update amendments to the prospectus, prospectus supplements and statement of additional information.
REQUIREMENTS
•Bachelor's Degree in Accounting or Finance, or equivalent work experience

•1 - 2 years experience as a Fund Accountant/Administration (For Reporting roles, experience with the NSAR, NCSR, 24f-2, N-Q)

Knowledge & Skills:

•Excellent mathematical skills

•Ability to work in a time sensitive environment

•Strong attention to detail

•Strong written and oral communication skills

•Working knowledge of the mutual fund industry. Pricing, accounting, reconciliations, corporate actions, etc.

•Good organizational skills

•Working knowledge of Microsoft Office Suite, Excel, Word and Access

Key Differentiator:

•Prior experience in Fund Accounting or Fund Administration is key