Fund Accountant

RBC; Mississauga; On-site; CAD 70,000 - 85,000; Full time

Job summary

Join RBC as a Fund Accountant and play a key role in producing accurate net asset values for various funds. This position requires a strong background in investment accounting, analytical skills, and the ability to work effectively under pressure. Experience with GAAP/IFRS and solid computer skills are essential for success. Enjoy excellent career development opportunities and a comprehensive total rewards program as part of a dynamic team.

Benefits

Excellent exposure to business partners

Hands-on experience

Career development opportunities

Comprehensive Total Rewards Program

Qualifications

• Post-secondary degree in Accounting or related field required.
• Investment accounting experience is essential, with knowledge of GAAP/IFRS.
• Demonstrated ability to work under tight deadlines.

Responsibilities

• Prepare Net Asset Values (NAV) for various fund types.
• Reconcile unit holder capital stock, cash, and security holdings.
• Deliver quality customer service through timely report delivery.

Skills

Accounting

Detail-Oriented

Analytical Skills

Adaptability

Time Management

Education

Post-secondary degree in related field

Tools

Microsoft Excel

Microsoft Word

Job description

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Join to apply for the Fund Accountant role at RBC

What is the opportunity?

In this role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds. You will maintain strong working knowledge of the various accounting policies for different fund types, while enhancing productivity by implementing operation efficiencies, and building effective relationships with other departments.

Job Summary

Job Description

What is the opportunity?

In this role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds. You will maintain strong working knowledge of the various accounting policies for different fund types, while enhancing productivity by implementing operation efficiencies, and building effective relationships with other departments.

What will you do?

• Ensure all required data for producing the NAV are available and quality ensured (corporate action, pricing) and prepare the Net Asset Value (NAV) for funds
• Reconcile unit holder capital stock, cash and security holdings and investigate and clear all outstanding issues in a timely manner
• Analyze & reconcile the general ledger to sub-ledger and resolve outstanding issues in a timely manner
• Calculate Performance fees (if applicable) and investigate, document and escalate issues/events
• Prepare the calculation of year-end distributions of income, capital gains and related tax issues
• Deliver quality customer service through timely and accurate report delivery
• Maintain client on site reports in an organized manner and ensure all daily valuations reports are accounted for
  
  

What do you need to succeed?

Must-have

• Post-secondary degree in related field (i.e. Accounting)
• Securities industry knowledge
• Investment accounting experience - working knowledge of GAAP/IFRS
• Strong computer skills, and specifically for Microsoft Excel, and Word
• Ability to work in a fast-paced environment and meet tight deadlines
• Ability to process and apply new skills and concepts quickly
• Analytical skills with strong attention to detail
• Flexibility to work between the hours of 9am to 10pm
  
  

Nice to have

• Good technical knowledge on calculating Net Asset Value, preparing financial statements
• Good knowledge of accounting standards and MPOWER
• Accounting designation(s) are recommended
• Other industry related courses or accreditations are also recommended: Canadian Securities course (CSC) or mutual funds course (IFIC)
  
  

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation
  
  

Job Skills

Accounting, Adaptability, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Information Capture, Investment Operations, Mentorship, Operational Delivery, Time Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-18

Application Deadline:

2025-06-25

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Banking and Financial Services

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