Fund Accountant

Crédit Agricole; Montreal (administrative region); On-site; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Health benefits

RRSP

Subsidised public transportation

Annual learning and training subsidy

Professional development opportunities

Job summary

CACEIS Canada is seeking a Fund Accountant to join our Mutual Fund Accounting Team. The role focuses on producing accurate fund valuations and NAV, ensuring compliance with SLAs and regulatory standards, and distributing accounting data to clients.

You will work within a professional team to support daily fund administration activities, with exposure to a wide range of funds and regulatory requirements. This position offers collaborative growth in a leading asset servicing group.

Qualifications

• Investment accounting experience with GAAP/IFRS.
• Proficient in Microsoft Excel and Word.
• Ability to meet tight deadlines in a fast-paced environment.
• Strong analytical skills and attention to detail.
• Experience in funds accounting/pricing and client reporting.
• Knowledge of fund products, accounting systems, and regulations.
• Bachelor's or master's degree in accounting (or audit).
• Experience in alternative investment fund administration or audit firms.

Responsibilities

• Produce consistent and accurate prices for allocated funds within SLAs.
• Manage NAV deliverables and communication with departments for quality.
• Collaborate with Quality Assurance, Shareholder Services, Operations, and IT.
• Maintain effective process controls and escalate issues as needed.
• Monitor production reporting flows and investigate anomalies.
• Configure standard and custom client reports with sales teams.
• Coordinate tasks across teams at CACEIS.
• Manage weekly, monthly, and quarterly reporting cycles (KPIs, settlements).
• Assist with cash and securities break reviews and resolutions.
• Monitor shared inboxes to ensure timely client/internal responses.

Skills

Investment accounting

GAAP/IFRS knowledge

Analytical skills

Attention to detail

Funds accounting

Pricing

Client reporting

Fund products knowledge

Regulations knowledge

Education

Bachelor's or master's degree in accounting (or Audit)

Tools

Microsoft Excel

Microsoft Word

Job description

Job Type:

Full time, Permanent position

Job Title:

Fund Accountant - Fund Accounting

CACEIS is the asset servicing banking group of Credit Agricole dedicated to asset managers and institutional investors. Through offices across Europe, North and South America and Asia, CACES offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. CACEIS is a consolidator in the European asset servicing market and posts sustained growth in its business activities. The group holds €5.3 trillion in assets under custody and €3.4 trillion in assets under administration (figures as of 31 December 2024) By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to persons with disabilities.

To ensure continuity of service to newly acquired North American clients as well as operational activities carried out by CACEIS, such as Fund Administration services, CACEIS Canada is looking for a Fund Accountant to join our Mutual Fund Accounting Team.

As a Fund Accountant, you work within a professional team that collectively ensures client satisfaction, by producing accurate fund valuations and optimal net asset value (NAV) for an entire fund range. Your valuations are daily, weekly and monthly and you maintain accurate records, identifying and mitigating business risk. You ensure that key service level agreements, as well as audit and regulatory requirements are met. You will also be responsible for setting up and ensuring the proper distribution of accounting data to our internal and external clients, while also assisting with selected operational activities to support smooth day-to-day delivery.

What will you do?

• Produce consistent and accurate prices for your allocated funds, meeting tight deadlines within service level agreements.
• Manage feedback to/from departments that will have input into NAV deliverables to ensure client deliverables and quality standards are met.
• Build strong working relationships with other internal departments such as Quality Assurance, Shareholder Services, Transaction Management, Operations Control, Financial Reporting, Compliance and Information technology.
• Ensure effective process controls are implemented and evolve them as necessary; elevate issues to management as appropriate.
• Monitor reporting flows in production: analyzing functional anomalies by carrying out the necessary investigations to provide corrective actions or the necessary and relevant justifications.
• Configure client requests for standard reporting and analyze client requests to set up specific reports in coordination with the sales teams.
• Coordinate tasks related to this activity carried out by other teams at CACEIS.
• Manage recurring weekly, monthly, and quarterly reporting cycles, including KPIs, outstanding settlements etc.
• Assist with the review and resolution of cash and securities breaks by coordinating with relevant teams to close outstanding items.
• Monitor and manage the shared inboxes to ensure timely handling of client and internal queries

Must-have

• Investment accounting experience - working knowledge of GAAP/IFRS
• Strong computer skills, and specifically Microsoft Excel, and Word
• Ability to work in a fast-paced environment meeting tight deadlines
• Ability to process and apply new skills and concepts quickly
• Analytical skills with strong attention to detail
• Proven experience in funds accounting/pricing/client reporting within Financial markets.
• Demonstrated technical knowledge of fund products, fund accounting and systems and regulations.
• Bachelor and/or master's degree in accounting (or Audit).
• Relevant experience in the fields of alternative investment fund administration (or audit firms)

What we offer:

• Bonuses are available, amounts are discretionary and performance based

Benefits Package:

• Health Benefits which include Extended Health Benefits, Dental Plan, Vision Care, Paramedical Services Coverage
• Life Insurance & Long Term Disability
• Maternity and paternity benefits (Top Up)
• Registered Retirement Savings Plan (RRSP)
• Subsidised public transportation
• Annual Learning and Training Subsidy paid by employer
• Professional development opportunities and training

A collaborative and supportive team environment

Exposure to the asset management industry with opportunities for growth