Sr. Manager, Fund Accounting

Charles Schwab; Lone Tree (CO); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

401(k) with company match

Employee stock purchase plan

Vacation time and sabbatical

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Schwab Asset Management is hiring a Senior Manager, Fund Accounting to oversee NAV reviews, distributions, and accounting policy implementation for proprietary funds and ETFs. This individual contributor role partners across portfolio management, product management, tax, and audit to ensure accurate financial reporting.

You will drive process improvements, support automation, and communicate governance updates while ensuring strong internal controls and timely management reporting.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• 5+ years of accounting experience.
• 7+ years of experience administering mutual funds, ETFs, hedge funds, or collective funds with fund accounting expertise.
• Experience performing end-of-day reviews of NAVs, validating results, and researching variances outside established tolerance thresholds.
• Experience applying accounting policies, reviewing internal controls, and supporting fund distribution analysis.

Responsibilities

• Partner with fund accounting teammates and cross-functional partners to solve complex fund administration issues.
• Perform end-of-day NAV reviews, analyze fund distributions, and monitor internal controls.
• Prepare management, governance, and board reporting, and communicate accounting policy updates.

Skills

Accounting

NAV analysis

Variance analysis

Financial reporting

Education

Bachelor's degree in Accounting, Finance, Economics, or related field

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

Schwab Asset Management’s Fund Accounting team oversees a third-party fund accounting service provider for proprietary mutual funds, exchange-traded funds (ETFs), and bank collective trust funds. As a Senior Manager, Fund Accounting, you’ll play a meaningful role in supporting the accuracy, integrity, and oversight of fund accounting activity, including fund transactions, net asset values (NAVs), fund distributions, and accounting policy application.

In this individual contributor role, you’ll partner closely with fund accounting teammates and cross-functional partners across portfolio management, product management, tax, trade operations, audit, and financial reporting to solve complex fund administration issues, monitor internal controls, support business changes, and help drive reliable outcomes. Your work will include performing end-of-day reviews, researching and explaining NAV variances, overseeing service provider deliverables, analyzing fund distributions, preparing management, governance, and board reporting, communicating accounting policy updates, and identifying opportunities to improve workflows and support automation. This is an opportunity to bring financial accounting expertise, sound judgment, attention to detail, and collaborative problem solving to work that supports Schwab’s funds and the teams that serve them.

What you have

Required qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or related field


• 5+ years of accounting experience


• 7+ years of experience administering mutual funds, exchange-traded funds (ETFs), hedge funds, or collective funds, with fund accounting expertise


• Experience performing end-of-day reviews of fund net asset values (NAVs), validating results, and researching variances outside established tolerance thresholds


• Experience applying accounting policies, reviewing internal controls, and supporting fund distribution analysis

Preferred qualifications

• Proficient in preparing clear and accurate reporting materials, including management reports, governance committee materials, fund board reporting, and ad hoc reporting requests


• Ability to partner across functional teams, including portfolio management, product management, tax, trade operations, audit, and financial reporting


• Strong candidates will also have experience overseeing third-party service provider deliverables and communicating accounting policy updates


• Ability to identify workflow improvements, recommend process enhancements, and support automation opportunities


• Demonstrated ability to manage deadlines, organize detailed work, and communicate effectively with business partners and senior leaders

In addition to the salary range, this role is eligible for bonus or incentive opportunities.

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan


• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions


• Paid parental leave and family building benefits


• Tuition reimbursement


• Health, dental, and vision insurance