Fund Accountant, Fund and Portfolio Services

CIBC Mellon; Toronto; On-site; CAD 44,000 - 67,000; Full time

Job summary

CIBC Mellon seeks a Fund Accountant, Fund and Portfolio Services to perform daily accounting for larger or more complex funds and to provide accurate NAV and financial reporting.

The role requires a college degree in accounting or finance, 3 years of progressive experience, and completion of the Canadian Securities Course. Strong attention to detail and client service are essential to succeed in this role.

Qualifications

• Community College degree with focus on accounting or finance, or equivalent training.
• 3 years progressive experience in fund accounting or related field.
• Completion of Canadian Securities Course.

Responsibilities

• Prepares financial statements, audit and year-end valuation packages, and fund distributions.
• Reviews and reconciles daily transactions and cash balances for assigned funds.
• Input capital stock transactions and manual entries affecting funds.
• Performs audit checks to support net asset value calculations.
• Reports daily NAV to clients and stakeholders.
• Collaborates with senior staff to adjust transactions as needed.
• Provides training to Fund Accountants and supports meeting deadlines.

Education

Community College degree with focus on accounting or finance, or equivalent training

3 years progressive experience

Completion of Canadian Securities Course

Job description

Company Information

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work. We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions. We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Job Number: J0826-0188
Category: Client Service Delivery
Employment Type: Full Time
City: Toronto
Posting Date: August 27, 2026
Closing Date: September 4, 2026

Position Overview

The Fund Accountant, Fund and Portfolio Services performs all necessary accounting functions on a daily basis for larger or more complex funds to arrive at a correct net asset value for assigned mutual funds and provides additional financial reporting.

Responsibilities

• Prepares financial statements, audit and year end valuation packages, financial reports, fund distributions and preparation of T3 income distribution factors with varying time lines.
• Reviews and reconciles daily transactions of assigned mutual funds - analyzes daily cash flow activities, reconciles assets and cash balances, maintains a balanced cash account. Researches discrepancies; investigates special or questionable transactions, i.e., trade corrections, corporate actions; liaise with clients and their representatives, as well as, internal staff concerning issues affecting the valuation of funds.
• Inputs all capital stock transactions and ensures capital stock is balanced. Input manual entries that affect a fund, such as, fee payments. Accounts for all cash deposits, interest, and dividend payments.
• Performs additional audit checks to support the calculation of net asset values; analyzes the increase or decrease of the net asset value of a fund
• Reports the daily net asset value of funds to clients, their representatives, and newspapers, according to instructions.
• Consults with senior staff to make any necessary adjustments accurately to transactions that impact the unit price.
• Provides training to Fund Accountants; assists in problem resolution; assists team members to meet deadlines.

Qualifications

• Community College degree with focus on accounting or finance, or equivalent training
• 3 years progressive experience
• Completion of Canadian Securities Course

CIBC Mellon's Values

• Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards
• Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward
• Be One Family: Challenge, empower and recognize your colleagues
• Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies

• The salary band for this position ranges between $44,000 - $67,000.
• Please note, our recruitment process may include the use of AI-assisted tools.
• This posting is for an existing vacancy.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.