Senior Fund Accountant

Meeder Investment Management Inc; Dublin (OH); On-site; USD 65,000 - 85,000; Full time

Job summary

A leading financial services company seeks a Senior Fund Accountant to manage daily workflow and support fund operations. Responsibilities include accurate record-keeping, calculating net asset values, and compliance reporting. Ideal candidates will possess strong skills in fund accounting, be detail-oriented, and have a proactive approach to their work.

Qualifications

• 2-4 years of Fund Accounting experience.
• Proficiency in Microsoft Office (Excel and Word).
• Ability to learn basic fund accounting systems.

Responsibilities

• Manage daily workflow of assigned mutual funds.
• Record security trades accurately.
• Calculate daily net asset value for assigned mutual funds.

Skills

Fund Accounting experience

Proficiency in Microsoft Office

Understanding of Investment Company Act

Intermediate knowledge of stocks

Intermediate knowledge of financial statements

Job description

The Senior Fund Accountant will provide high-level operational support for the Meeder Funds and Mutual Funds Service Co. Additionally, they will assist the Director of Fund Accounting and other personnel as needed.

Primary Responsibilities

• Manage the daily workflow of assigned mutual funds
• Record security trades accurately
• Monitor interest and dividend accruals of underlying fund holdings
• Examine corporate actions of underlying fund holdings
• Ensure the accuracy of daily expense accruals
• Verify fund holdings and maintain proper record-keeping for assigned mutual funds
• Record shareholder activity into the daily trial balance and reconcile outstanding shares with the Transfer Agency
• Balance cash with the custodian daily
• Assist in resolving trade and settlement issues between the custodian and brokers
• Calculate daily net asset value for assigned mutual funds
• Confirm portfolio trades via DTC, mailed statements, or online
• Handle payment of fund expenses
• Report and communicate information to various reporting agencies
• Report daily net asset values and yields to NASDAQ
• Maintain fund history information
• Prepare and monitor fund compliance and diversification
• Complete periodic fund questionnaires and data sheets
• Prepare financial statements and shareholder reports for the Meeder Funds
• File periodic reports with the SEC, including Form N-CSR, N-MFP, N-CEN, N-PORT, and 24f-2
• Support the Legal Department with the annual Form N-1A filing
• Create, monitor, and maintain expense budgets and accruals, including authorization and coordination of expense payments
• Calculate all fund distributions
• Issue monthly return figures for all funds
• Prepare materials for Trustees’ meetings
• Monitor expense ratios and accrual rates
• Analyze wash losses for all funds
• Monitor securities lending credits
• Develop financial reporting operations manuals and processes, including internal controls
• Evaluate available technology for information and telecommunication systems
• Assist the Director with related tax and accounting functions
• Train Fund Accounting personnel as needed

Critical Success Factors

• Proficiency in a PC environment
• Strong organizational and communication skills
• Willingness to grow and face challenges outside comfort zone
• Team-oriented, committed, dedicated, and confident
• Ability to coach, train, and teach others
• Reliability, timeliness, and problem-solving skills
• Professionalism, ethics, and integrity
• Attention to detail and accuracy
• Strong work ethic

Skills Required

• 2-4 years of Fund Accounting experience
• Proficiency in Microsoft Office (Excel and Word)
• Ability to learn basic fund accounting systems
• Understanding of the Investment Company Act of 1940, the Securities and Exchange Act of 1934, and Rule 2a-7
• Intermediate knowledge of stocks and fixed income securities
• Intermediate knowledge of financial statement preparation