Fund Accountant

Insight Global; Wilmington (DE); On-site; USD 65,000 - 85,000; Full time

Job summary

A financial services firm in Wilmington, DE is looking for a Fund Accountant to manage accounting processes and ensure compliance with GAAP. The ideal candidate has a Bachelor's degree in accounting, 3-6 years experience in mutual fund accounting, and strong reconciliation skills. This role involves collaborating across teams and determining the NAV for various funds.

Qualifications

• 3-6 years of relevant work experience in mutual fund accounting.
• Experience with accounting applications like PeopleSoft or similar.

Responsibilities

• Develop collaborative working relationships with senior clients and support areas.
• Collaborate with teams to deliver superior service.
• Determine the net asset value (NAV) for assigned funds.

Skills

Mutual fund accounting

Reconciliation skills

Accounting applications (PeopleSoft)

Education

Bachelor's degree in accounting or equivalent

Master's degree

Job description

Job Description

Insight Global is looking for a Fund Accountant to join one of their financial services clients in Wilmington, DE. The role is accountable to deliver through effective, efficient Sarbanes-Oxley, regulatory compliant finance processes, in accordance with local and consolidated GAAP, useable, accurate and timely financial information from the point of transaction through to financial close and external reporting period (month, quarter, and annual).

The individual in this role may be called upon to support a particular line of business, region, or accounting process, as assigned, for any Record to Report (R2R) process from the point of transaction through to the close, consolidation, and financial reporting of business outcomes for enterprise. This includes: processing of basic general ledger events, financial transactions, as assigned; identifying and analyzing exceptions; and providing support to the department for R2R activities such as audits, the fulfillment of ad hoc requests, and other special project activities, as assigned.

The individual in this role may be called upon to perform other accounting activities, such as performing basic accruals, posting adjustments, or other less complex accounting activities. In addition, the AIIF supports the day to day capture of performance metrics at the functional, team and individual level, and participates in rotating assignments across lines of business, legal entities and geographies to grow depth of understanding of the various lines of business, and the unique attributes of the legal entity, regulatory, and in-country requirements, over time.

Responsibilities

• Develop and extend collaborative working relationships with senior clients, technology, and operational support areas, effectively resolving problems/issues and identifying service improvement areas.
• Collaborate across various teams including Trades, Reconciliation, Valuation, Client Onboarding, and Technology Support to deliver superior service.
• Foot ledger to the subsidiary ledger of all funds before converting onto BNY accounting platform.
• Standardize new client reporting for intake within the accounting platform utilizing approved technology.
• Make necessary static data mapping for further validation of reports.
• Review and work with client and third parties to improve quality of client instructions.
• Determining the net asset value (NAV) for assigned funds for each measurement cycle.

Skills and Requirements

• Bachelor's degree (accounting or equivalent)
• 3-6 years of relevant work experience in mutual fund accounting
• Experience with accounting applications such as PeopleSoft or similar
• Strong reconciliation skills
• Master's degree

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances.