Fund Accountant

Company Information :

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit

Position Overview :

The Fund Accountant, Fund Accounting performs all necessary accounting functions on a daily basis to arrive at a correct net asset value for assigned mutual funds and provide additional financial reporting.

Responsibilities :

• Prepares financial statements, audit and year end valuation packages, financial reports, fund distributions and preparation of T3 income distribution factors with varying time lines.
• Reviews and reconciles daily transactions of assigned mutual funds - analyze daily cash flow activities, reconciles assets and cash balances, maintains a balanced cash account. Researches discrepancies; investigates special or questionable transactions, i.e., trade corrections, corporate actions; liaise with clients and their representatives, as well as, internal staff concerning issues affecting the valuation of funds.
• Inputs all capital stock transactions ensuring capital stock is balanced and manually input fee payment entries ensuring accuracy. Accounts for all cash deposits, interest, and dividend payments.
• Performs additional audit checks to support the calculation of net asset values; analyzes the increase or decrease of the net asset value of a fund.
• Reports the daily net asset value of funds to clients, their representatives, and newspapers, according to instructions.
• Consults with senior staff to make any necessary adjustments accurately to transactions that impact the unit price.

Qualifications :

CIBC Mellon's Values :

Get it Right Every Day : Deliver service excellence while always acting with the highest ethical standards

Put Clients at the Centre : Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward

Be One Family : Challenge, empower and recognize your colleagues

Take Ownership : Speak up, speak out, and make things better