Senior Manager, Fund Accounting

SUMMARY

The Senior Manager, Fund Accounting oversees a variety of accounting activities in support of mutual fund accounting providing oversight and supervisory guidance to the fund accounting team.

KEY ACCOUNTABILITIES

• Performs Fund NAV and trial balance reviews of work prepared by the fund accountants; includes applying accounting and finance principals to numerous asset types.
• Ensures accuracy of fund valuations and fund accounting activity to minimize contingent liability to company.
• Completes peer review on more complex funds' NAV calculations.
• Ensures completeness and timeliness of reporting to clients and to NASDAQ.
• Reviews reconciliations of fund records to custodian, transfer agent, and portfolio groups daily.
• Reviews monthly reconciliations and prepares periodic auditor requests.
• Ensures all reconciliation logs are current and assists in resolving older issues.
• Ensures departments resources are adequate for complete and timely reporting to clients and NASDAQ and in accordance with existing quality and quantity standards, policies, and procedures.
• Processes swap transactions and currency contracts.

SPECIAL PROJECTS

• Reviews operational controls for adequacy, compliance, and integrity of data; updates, documents, and communicates procedures of department to necessary staff.
• Provides support to independent audits by performing research, pulling documentation, answering fund questions, etc.
• Reviews compliance with various regulatory restrictions and recommends changes to accounting procedures.
• Reviews N-PORT files and performs financial and board reporting.
• Prepares expense authorizations and budgets.

PERSONNEL MANAGEMENT

• Manages associates within department including, but not limited to, hiring, training, and developing associates, delegating work assignments, writing, and conducting performance appraisals, salary recommendations, coaching and counseling, and administering corrective actions.
• Conducts one-on-one and team meetings with associates on a regular basis to discuss new procedures, problems, and issues.
• Establishes team and individual goals for department.
• Fosters performance of associates and the processes used by them; holds the associates accountable for their work.

WORKING RELATIONSHIPS

• Mentors associates through instruction, coaching, providing real-time on-the-job experiences, modeling effective practices, and advising on methods used.
• Manages client requests and ensures needs of clients are met, includes coordinating calls for new fund set ups.
• Communicates as needed with fund administration, transfer agency, and funds’ custodian regarding fund accounting-related activities.

May perform other duties as requested and assigned.

EDUCATION AND EXPERIENCE

• Bachelor’s degree or equivalent.
• 6-8 years of experience in a related field.
• 1-2 years of management and leadership experience.

KNOWLEDGE

• FIS InvestOne.
• Spectra and OLE.
• Accounting and finance principles.
• Stocks, bonds, options, and futures.
• Financial industry terminology.
• Microsoft Office Suite.
• Adobe Acrobat.

SKILLS AND ABILITIES

• Identifies ways to make the team more efficient; recommends fund allocations, process changes, etc.
• Communicates ideas and contributes to the development of department.
• Aligns associates with company values and goals.
• Plans and delegates the work of others.
• Motivates and inspires others.
• Assesses performance of self and associates to make improvements or take corrective action.
• Plans and develops systems and procedures to improve operating quality and efficiency of department in accordance with company policies and procedures.
• Troubleshoots issues utilizing creative and critical thinking skills.
• Multitasking, analytical, and organizational skills.
• Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
• Demonstrates personal integrity, responsibility, and accountability.
• Effectively uses resources such as time and information in conjunction with associates.
• Participates in solving problems and making decisions.
• Presents and expresses ideas and information, written and oral, clearly, and concisely.
• Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
• Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
• Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
• Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.

Equivalent education, experience, and KSA’s will be considered.