Fund Accountant I

Ultimus-Fund-Solutions,-LL; Cincinnati (OH); On-site; USD 55,000 - 75,000; Full time

Job summary

Ultimus-Fund-Solutions, LLC is seeking a Fund Accountant I to perform valuation processes for calculating NAVs of an assigned set of mutual funds or investment products. The role requires attention to detail and adherence to accounting standards.

You will update and reconcile trading activity, ensure accurate recording of transactions, provide cash forecasts each morning, and collaborate across Fund Accounting, Transfer Agency, and Middle Office to support audits and reporting.

Qualifications

• Bachelor’s degree in accounting, finance, business, or related field.
• Relevant experience.
• Equivalent education and experience will be considered.

Responsibilities

• Updates, analyzes, and reconciles all security trading activity daily.
• Ensures all fund transactions are recorded in the accounting system.
• Applies accounting principles to asset types.
• Provides forecasted available cash each morning.
• Reconciles fund accounting records with custodian, transfer agent, and middle office daily.
• Prepares monthly reconciliations and responds to auditor requests.

Skills

Troubleshooting

Multitasking

Analytical skills

Communication

Relationship building

Education

Bachelor's degree in accounting/finance/business

Equivalent education and experience

Tools

Microsoft Office Suite

Adobe Acrobat

Job description

SUMMARY

The Fund Accountant I is responsible for performing various fund valuation processes for the calculation of the net asset valuations (NAV’s) of an assigned set of mutual funds or investment products.

KEY ACCOUNTABILITIES

• Updates, analyzes, and reconciles all security trading activity received from the fund advisor daily.
• Ensures all fund transactions are properly recorded in the accounting system.
• Applies accounting and finance principles to asset types.
• Provides fund advisors with forecasted available cash every morning in a quick and accurate manner.
• Reconciles fund accounting records for custodian, transfer agent, and middle office daily.
• Prepares monthly reconciliations for other fund activity and delivers periodic auditor requests for annual fund audits.

WORKING RELATIONSHIPS

• Contact as needed with external business partners regarding general information, audits, inquiries, or reporting requirements.
• Collaborates with the Fund Accounting, Transfer Agency, and Middle Office departments, as needed.

May perform other duties as required and assigned.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in accounting, finance, business, or related field.
• Relevant experience.
• Equivalent education and experience will be considered.

KNOWLEDGE

• Accounting and finance principles.
• Stocks, bonds, options, and futures.
• Financial industry terminology.
• Microsoft Office Suite.
• Adobe Acrobat.

SKILLS AND ABILITIES

• Troubleshoots issues utilizing creative and critical thinking skills.
• Multitasking, analytical, and organizational skills.
• Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
• Demonstrates personal integrity, responsibility, and accountability.
• Effectively uses resources such as time and information in conjunction with associates.
• Participates in solving problems and making decisions.
• Presents and expresses ideas and information, written and oral, clearly, and concisely.
• Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
• Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
• Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
• Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.