Senior Fund Accountant, Fund Accounting

CIBC Mellon; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading company in the financial services sector is seeking a Senior Fund Accountant in Toronto. The successful candidate will handle all aspects of fund accounting, including financial statements preparation and transaction reconciliation. Ideal applicants will possess a Community College degree with an emphasis on accounting or finance and relevant experience in the field.

Qualifications

• 3 years of progressive experience in accounting.
• Community College degree focusing on accounting or finance.
• Completion of Canadian Securities Course required.

Responsibilities

• Prepare financial statements and audit packages.
• Review and reconcile daily transactions for mutual funds.
• Consult with senior staff for necessary adjustments.

Skills

Financial Analysis

Reconciliation

Audit

Problem Resolution

Education

Community College degree in Accounting or Finance

Canadian Securities Course

Job description

Join to apply for the Senior Fund Accountant, Fund Accounting role at CIBC Mellon

Join to apply for the Senior Fund Accountant, Fund Accounting role at CIBC Mellon

• 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.
  
  

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

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Banking, Financial Services, and Investment Banking

Referrals increase your chances of interviewing at CIBC Mellon by 2x

Get notified about new Senior Fund Accountant jobs in Toronto, Ontario, Canada.

North York, Ontario, Canada CA$80,000.00-CA$100,000.00 3 weeks ago

Greater Toronto Area, Canada CA$90,000.00-CA$100,000.00 4 days ago

Senior Accountant, Private Enterprise Core Services

Fund Accountant - Alternatives (Financial Services)

Toronto, Ontario, Canada CA$55,000.00-CA$58,000.00 1 month ago

Greater Toronto Area, Canada CA$110,000.00-CA$120,000.00 1 day ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.