Fund Accounting Lead — NAV & Team Oversight

CIBC Mellon; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

CIBC Mellon in Toronto/Mississauga invites applications for a Supervisor, Fund Accounting to oversee daily net asset value calculations for assigned mutual funds and ensure timely, accurate reporting. You will lead a team of fund accountants, assign work, train staff, and coordinate with clients and auditors.

Applicants should have a university accounting degree, 3–5 years of progressive experience, and the Canadian Securities Course.

Qualifications

• University degree with concentration in accounting.
• 3 to 5 years progressive experience.
• Canadian Securities Course.

Responsibilities

• Reviews daily net asset value calculations and authorizes the day end prices of funds by checking the accuracy of information used to determine fund prices.
• Coordinates and monitors the work of the team by distributing accounts to fund accountants and scheduling time based tasks by recommending overtime and staff vacation to maintain adequate service levels.
• Provides leadership; trains, coaches, supervises and motivates staff. Maintains good morale, fosters teamwork and monitors performance in the team to complete performance reviews for the team with the help of the manager.
• Acts as a resource for team members to ensure timely resolution of escalated problems and enquiries by handling from clients, agents, auditors, etc.
• Reviews expense accruals as directed by clients and month end audit packages for accuracy.
• Conducts team meetings for giving/receiving information to update manager on all team developments.
• Works with the manager and other supervisors of the Unit to develop, implement and monitor standards, procedures and controls.

Education

University degree with concentration in accounting

Canadian Securities Course

Job description

CIBC Mellon in Toronto/Mississauga invites applications for a Supervisor, Fund Accounting to oversee daily net asset value calculations for assigned mutual funds and ensure timely, accurate reporting. You will lead a team of fund accountants, assign work, train staff, and coordinate with clients and auditors.

Applicants should have a university accounting degree, 3–5 years of progressive experience, and the Canadian Securities Course.