Proviso
Location
Toronto, ON | Canada
Job description
• Business group: client Fund Accounting team oversees the maintenance of financial records regarding investment funds. Working to ensure accounting records are kept for the investor/portfolio activities.
• Project: The successful candidate will working to fill a vacancy on the team due to a parental leave, assisting with the day to day activities and tasks.
• Reason for request: A current FTE will be off for parental leave until end of September but should need arise the contractor may be extended.
• The successful candidate will have exposure to a varieties of business lines across client and have the opportunity to strengthen their knowledge of financial institutions.
• Prepare Net Asset Value calculation per share on a daily basis for assigned funds
• Reconcile general ledgers to subsidiary ledgers and escalate to Senior Fund Accountants/Assistant Manager for outages
• Review and process transactions related to dividends, interest, corporate actions and trades instructed by traders/portfolio managers
• Reconcile and review accounting holdings to custody, investment book of record and prime broker statements. Investigate and resolve any outages.
• Reconcile and review accounting unitholder holdings to transfer agency report. Investigate and resolve any outages.
• Reconcile and review bank statements. Investigate and resolve any outages with internal and external parties to resolve in timely manner
• Review tolerance threshold breaks as outlined in the department policy and communicate any issues to Senior Fund Accountants/Assistant Manager for assistance.
• Participate in problem solving sessions to identify problems and solutions
• Assist in the preparation of tax distribution calculation.
• Complete ad-hoc requests as assigned by the Assistant Manager.
• 1-2 years of Accounting Experience
• 1-2 years’ experience with Reconciliations (example: Bank statements, accounting holdings, general ledger)
• 1-2 years’ experience working with General Ledger (understanding debit/credits)
• 1-2 years’ experience working in an admin/office environment (Co-op/intern experience considered)
• Prior Fund Accounting experience
• Experience with Excel – VBA Macros and functional equations
• High attention to details
• Time management/organization skills
• The ideal candidate would be someone with an education in finance/accounting/math and have an understanding of general accounting principals.
• If the candidate had prior knowledge of fund accounting it would be an asset, as well if the candidate is working towards their CPA or have taken Canadian Security courses this would be taken into consideration.
• Post secondary education in Finance/Accounting/Math is preferred
• 2 Rounds for the interview process:
o 1 screening call and 1 video interview (30 mins)
o Questions would be based on past experience and situational
Job tags
Salary
