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Title
Text copied to clipboard!Mutual Fund Accountant
Description
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We are looking for a detail-oriented Mutual Fund Accountant to join our finance team. As a Mutual Fund Accountant, you will be responsible for managing the daily accounting operations and financial reporting for a portfolio of mutual funds. This role requires a strong understanding of investment accounting principles, regulatory requirements, and the ability to work with large data sets. You will collaborate closely with portfolio managers, auditors, and other finance professionals to ensure the accuracy and timeliness of all fund-related financial information. Key duties include calculating net asset values (NAV), preparing financial statements, reconciling accounts, and ensuring compliance with industry regulations such as SEC and GAAP. The ideal candidate will have excellent analytical skills, proficiency in accounting software, and a keen attention to detail. You should be comfortable working in a fast-paced environment and managing multiple priorities. Previous experience in mutual fund accounting or investment management is highly desirable. This position offers the opportunity to develop your expertise in fund accounting and contribute to the financial integrity of our organization. If you are a motivated accounting professional with a passion for the investment industry, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Calculate daily net asset values (NAV) for assigned mutual funds
- Prepare and review financial statements and reports
- Reconcile cash, securities, and other fund accounts
- Ensure compliance with SEC, GAAP, and other regulatory standards
- Assist with annual audits and respond to auditor inquiries
- Process fund transactions, including income, expenses, and distributions
- Monitor and resolve discrepancies in fund accounting records
- Collaborate with portfolio managers and other internal teams
- Maintain accurate and organized accounting documentation
- Support process improvements and automation initiatives
Requirements
Text copied to clipboard!- Bachelor’s degree in Accounting, Finance, or related field
- 2+ years of experience in mutual fund or investment accounting
- Strong knowledge of GAAP and SEC regulations
- Proficiency with accounting software and Microsoft Excel
- Excellent analytical and problem-solving skills
- High attention to detail and accuracy
- Ability to manage multiple tasks and meet deadlines
- Strong communication and interpersonal skills
- Experience with fund administration platforms is a plus
- CPA or progress toward CPA certification is preferred
Potential interview questions
Text copied to clipboard!- What experience do you have with mutual fund accounting?
- How do you ensure accuracy when calculating NAV?
- Describe your experience with financial statement preparation.
- How do you stay updated on regulatory changes affecting mutual funds?
- Can you provide an example of resolving a complex reconciliation issue?
- What accounting software are you proficient in?
- How do you prioritize tasks during peak reporting periods?
- Describe your experience working with auditors.
- What process improvements have you implemented in previous roles?
- Why are you interested in working as a Mutual Fund Accountant?
