Fund Accountant

Job Summary

Job Description

What is the opportunity?

In this role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds.

You will maintain strong working knowledge of the various accounting policies for different fund types, while enhancing productivity by implementing operation efficiencies, and building effective relationships with other departments.

What will you do?

Operational Duties & Service Delivery

• Ensure all required data for producing the NAV are available and quality ensured (corporate action, pricing) and prepare the Net Asset Value (NAV) for funds
• Reconcile unit holder capital stock, cash and security holdings and investigate and clear all outstanding issues in a timely manner
• Analyze & reconcile the general ledger to sub-ledger and resolve outstanding issues in a timely manner
• Calculate Performance fees (if applicable) and investigate, document and escalate issues / events
• Prepare the calculation of year-end distributions of income, capital gains and related tax issues

Client Service

• Deliver quality customer service through timely and accurate report delivery
• Maintain client on site reports in an organized manner and ensure all daily valuations reports are accounted for

What do you need to succeed?

Must-have

• Post-secondary degree in related field (i.e. Accounting)
• Securities industry knowledge
• Investment accounting experience - working knowledge of GAAP / IFRS
• Strong computer skills, and specifically for Microsoft Excel, and Word
• Ability to work in a fast-paced environment and meet tight deadlines
• Ability to process and apply new skills and concepts quickly
• Analytical skills with strong attention to detail
• Flexibility to work between the hours of 9am to 8pm

Nice-to-have

• Good technical knowledge on calculating Net Asset Value, preparing financial statements
• Good knowledge of accounting standards and MPOWER
• Accounting designation(s) are recommended
• Other industry related courses or accreditations are also recommended : Canadian Securities course (CSC) or mutual funds course (IFIC)

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.

We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Skills

Accounting, Adaptability, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Information Capture, Investment Operations, Mentorship, Operational Delivery, Time Management