Executive - Fund Service and Administration

Macquarie Bank Limited; Council of the City of Sydney; On-site; AUD 90,000 - 120,000; Full time

Job summary

A global financial services group is seeking an Executive for Fund Service and Administration. You will manage unit pricing, performance oversight, and client reporting. The role requires 3-5+ years in fund administration and strong analytical skills. The company offers a range of employee benefits, including flexible working arrangements and professional development opportunities.

Benefits

Wellbeing leave day

Paid parental leave

Paid volunteer leave

Hybrid working arrangements

Learning and development opportunities

Qualifications

• 3-5+ years' experience in fund accounting, fund service or fund administration.
• Understanding of unit pricing, performance and tax distributions.
• Strong analytical skills and attention to detail.

Responsibilities

• Prepare and review daily, monthly and quarterly unit pricing.
• Coordinate new fund and client on-boarding.
• Liaise with product and front office teams.

Skills

Fund accounting

Analytical skills

Attention to detail

Microsoft Office Suite

Education

Undergraduate degree in finance, accounting or equivalent

Job description

Executive - Fund Service and Administration

Join our Enterprise division in Macquarie Asset Management and support our fund service and administration team. Our team’s focus and responsibility cover all management investment schemes and separately managed client activities (mandates).

The Fund Service and Administration team is responsible for the daily operations that support the Investment Functions. The team has overall responsibility for, Unit Pricing and Performance oversight, Tax Distributions reviews, interactions with Registry, Transition and Implementation activities including Terminations. The team also supports the launch of new products, mandates and or restructures.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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You will be responsible for the preparation and review of daily, monthly and quarterly unit pricing, including ETFs. Review and oversight of Mandate Performance. Review of monthly and quarterly fund distributions including preparation of funding requirements and yearend tax statements. Preparation and review of daily reporting and monthly reporting for Clients including currency overlay. In addition, you will coordinate new fund and client on-boarding, management of fund terminations, liaise with central product and front office teams, which will include portfolio managers, risk and compliance, and with our third party custodians.

What you offer

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• 3 -5+ years’ experience in fund accounting, fund service or fund administration
• Understanding of unit pricing, performance and tax distributions
• Understanding and knowledge of domestic and international fixed income and equities including ETFs
• Strong analytical skills and attention to detail
• Skilled in using Microsoft Office suite (Excel, Word, PowerPoint)
• An undergraduate degree in finance, accounting or equivalent.

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

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What we offer

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At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

• 1 wellbeing leave day per year
• Up to 5 additional service bonus leave days per year
• Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers
• 2 days of paid volunteer leave and donation matching
• Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave
• Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations
• Access to a wide range of salary packaging options
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

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Macquarie Asset Management is a global asset manager that aims to deliver positive impact. We’re trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.

Our commitment to diversity, equity and inclusion

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We are committed to fostering a diverse, equitable and inclusive workplace. We encourage people from all backgrounds to apply and welcome all identities, including race, ethnicity, cultural identity, nationality, gender (including gender identity or expression), age, sexual orientation, marital or partnership status, parental, caregiving or family status, family and domestic violence status, neurodiversity, religion or belief, disability, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. To learn more, contact our team by clicking here .

Our aim is to provide reasonable adjustments to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know in the application process.