Job Description

Fund Accounting - Subject Matter Expert

This document outlines the responsibilities and requirements for a Senior Individual Contributor and Subject Matter Expert within the Fund Accounting team. This role plays a crucial part in ensuring the accuracy of fund valuation data for various downstream processes.

Responsibilities:

Reconciliation Expertise:

+ Possess deep understanding and expertise in cash, securities, and unit reconciliation processes.
+ Independently investigate and resolve complex discrepancies, including unmatched cash and stock differences between internal records and custodian statements.
+ Proactively identify and analyze reconciliation breaks, determining root causes and implementing effective solutions.
+ Maintain up-to-date knowledge of corporate actions, SWIFT messages, custody statement formats, and their impact on reconciliation.
+ Possess the ability to perform manual reconciliations when necessary, demonstrating a comprehensive understanding of the underlying principles.

Data Analysis & Process Improvement:

+ Leverage analytical skills to identify trends, patterns, and potential risks within reconciliation data.
+ Develop and implement process improvements to enhance efficiency, accuracy, and control within the reconciliation function.
+ Contribute to the design and testing of new technologies and system enhancements related to reconciliation processes.
+ Proactively identify and mitigate operational risks, ensuring compliance with regulatory requirements and internal control standards.

Stakeholder Management & Collaboration:

+ Collaborate effectively with internal stakeholders, including Fund Accounting team members, Operations, Technology, and Compliance, to resolve issues and drive process improvements.
+ Communicate clearly and concisely with external stakeholders, such as custodians and clients, to resolve reconciliation discrepancies and address inquiries.
+ Provide guidance and mentorship to junior team members, sharing expertise and best practices in reconciliation.

Subject Matter Expertise:

+ Serve as a subject matter expert on reconciliation processes, providing guidance and support to the team and stakeholders.
+ Stay abreast of industry best practices, regulatory changes, and emerging trends in reconciliation.
+ Contribute to the development and delivery of training materials and knowledge-sharing sessions related to reconciliation.

Requirements:

Experience:

+ Minimum of 4+ years of hands-on experience in Fund Accounting Operations, with a strong focus on reconciliation processes.
+ Proven track record of independently investigating and resolving complex reconciliation breaks.
+ Experience working with various financial instruments, including equities, fixed income, and derivatives.
+ Should have experience in Alladin experience

Technical Skills:

+ Advanced proficiency in Microsoft Excel, including data analysis and reconciliation tools.
+ Familiarity with industry-standard reconciliation systems and applications.
+ Strong understanding of accounting principles and their application to investment operations.

Personal Attributes:

+ Excellent analytical and problem-solving skills.
+ Strong attention to detail and commitment to accuracy.
+ Ability to work independently and as part of a team.
+ Excellent communication and interpersonal skills.

Desirable Qualifications:

+ Bachelor's degree in Accounting, Finance, or a related field.
+ Relevant industry certifications (e.g., CFA, CAIA).

Willing to work on flexible shifts

This role presents an exciting opportunity for a highly motivated and experienced individual to make a significant impact within a dynamic and growing team.


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Job Family Group:


Operations - Transaction Services
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Job Family:

Fund Accounting
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Time Type:


Full time
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Most Relevant Skills


Please see the requirements listed above.
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Other Relevant Skills


For complementary skills, please see above and/or contact the recruiter.
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