Fund Accountant I

Ultimus • Omaha, NE

1d

About The Position

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. This role involves updating, analyzing, and reconciling security trading activity, ensuring proper recording of fund transactions, and applying accounting and finance principles to various asset types. The position also requires providing advisors with forecasted available cash daily and reconciling fund accounting records with custodians, transfer agents, and middle offices. Additionally, the Fund Accountant I prepares monthly reconciliations and handles auditor requests for annual fund audits. The role requires contact with external business partners for general information, audits, inquiries, or reporting requirements, and collaboration with internal departments such as Fund Accounting, Transfer Agency, and Middle Office. Other duties may be assigned as required.

Requirements

• Bachelor’s degree in accounting, finance, business, or related field.
• Relevant experience.
• Accounting and finance principles.
• Knowledge of stocks, bonds, options, and futures.
• Knowledge of financial industry terminology.
• Proficiency in Microsoft Office Suite.
• Proficiency in Adobe Acrobat.

Nice To Haves

• Equivalent education and experience will be considered.

Responsibilities

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level