Senior Fund Accountant: NAV & Financial Reporting Pro

CIBC Mellon; Toronto; On-site; CAD 52,000 - 78,000; Full time

Job summary

CIBC Mellon in Toronto/Mississauga is seeking a Senior Fund Accountant in Fund Accounting to perform all necessary accounting functions for larger or more complex funds to determine accurate net asset value.

You will prepare financial statements, reviews, fund distributions, and related reporting, with close attention to timelines and accuracy.

The role offers a stable full-time opportunity in a diverse workplace with opportunities to grow professionally.

Qualifications

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

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.

Education

Community College degree with focus on accounting or finance

Job description

CIBC Mellon in Toronto/Mississauga is seeking a Senior Fund Accountant in Fund Accounting to perform all necessary accounting functions for larger or more complex funds to determine accurate net asset value.

You will prepare financial statements, reviews, fund distributions, and related reporting, with close attention to timelines and accuracy.

The role offers a stable full-time opportunity in a diverse workplace with opportunities to grow professionally.