Fund Accountant

MainStreamTek Corporation; Quincy (MA); On-site; USD 90,000 - 150,000; Full time

Job summary

MainStreamTek Corporation is seeking an experienced Fund Accounting Manager to oversee onboarding, conversion activities and client servicing for complex investment structures.

The role requires 5+ years in fund accounting, a bachelor’s degree or equivalent, and proven leadership to ensure BAU readiness and timely delivery. Knowledge of offshore products, ETFs, derivatives and master feeder funds is highly valued.

Qualifications

• Bachelor’s degree or equivalent work experience in accounting/finance/economics/technical field.
• 5+ years of related fund accounting experience.
• Ability to multitask and ensure client deliverables on track pre- and post-conversion.
• Experience with offshore products, ETFs, hedged, derivatives and master feeder funds.
• Experience leading a team to meet client expectations and BAU readiness.
• Ability to escalate concerns promptly and collaborate to resolve issues.

Responsibilities

• Execute onboarding plan and activities supporting accounting and custody clients.
• Support conversion of new client relationships and expansion of existing relationships.
• Demonstrate knowledge of overall process and operating model.
• Experience with MCH and eHorizon, focusing on accounting and complex investment servicing.
• Background in complex fund structures and investment types.
• Assess operational effectiveness and implement changes to streamline functions and service environment.
• Quantify, document and articulate processing methodology differences for clients and internal teams.
• Work with COE and other processing teams to meet procedures and deadlines.

Skills

Fund accounting experience

5+ years experience

multitask

team leadership

offshore products knowledge

ETFs and derivatives

master feeder funds

BAU readiness

issue escalation

Education

Bachelor’s degree or equivalent

Job description

• Competent to Proficient with a Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.


• 5+ years of related Fund Accounting experience preferred.


• Ability to multi-task and ensure that all client deliverables are on track pre-conversion and post conversion.


• Experience with offshore products, ETF’s, Hedged, Derivatives and Master Feeder funds ideal.


• Experience in managing a team of individuals to meet client expectations, ensure the team is ready and prepared for BAU, take the lead to ensure all aspects of the daily operations deliverables are on track pre and post conversion and any concerns are elevated and in a timely manner.


• Ability to raise hand, if something does not look right, and ability to work as a team to resolve.

Individual Accountabilities:

• Responsible for execution of onboarding plan and associated activities supporting accounting and custody clients


• Supports conversion of new client relationships and expansion of existing relationships.


• Comprehensive and demonstrated knowledge of overall process and our operating model.


• Experience with MCH and eHorizon, with a focus on accounting and complex investment servicing.


• Background in complex fund structures and investment types.


• Assess operational effectiveness and implement changes which streamline functions, and ensure optimal service environment and technology utilization.


• Quantify, document and articulate identified processing methodology differences. Ensure client and internal teams understand the nature of such methodology changes.


• Work closely with internal stakeholders including COE and other processing teams to ensure client procedures and deadlines are met.