Fund Accountant III
UMB Bank•Milwaukee, WI
•$56,890 - $109,270
About The Position
Independently utilizes generally accepted accounting principles, Fund Accountant III’s are responsible for all functions related to the daily calculation of the net asset value for multiple mutual funds. Fund Accountant III’s are responsible for performing the accounting, pricing, review and reconciliation functions for multiple funds. The fund and/or security types increase in complexity with the tenure of the accountant.
Requirements
- Bachelor’s Degree in one of the following Accounting, Finance, Investment Banking, Economics, or International Business
- Four (4) years external Funding accounting or related experience or Three (3) and a half year of UMB Fund accounting experience.
Responsibilities
- Oversee general ledger accounting functions for multiple funds
- Prepare and review preliminary trial balance and NAV calculation for multiple funds
- Monitor and analyze income and expense accruals to ensure GAAP compliance
- Analyze corporate action application for GAAP compliance
- Reconcile cash settlements to the custodian and prime broker records
- Reconcile position quantity to the custodian and prime broker records
- Investigate and resolve cash or position discrepancies by collaborating with the custodian, prime brokers, transfer agency, advisor, and/or portfolio managers/traders
- Review and resolve trade detail exceptions to ensure transactions are accurately reflected by collaborating with the advisor/portfolio manager or trader.
- Analyze security pricing exceptions to ensure proper prices are used in the calculation of the NAV
- Partner with various internal/external parties to ensure compliance with SEC regulations, IRS, and GAAP reporting regulations
- Coordinate audit materials as well as responses to audit inquiries
- Other duties as assigned.
Benefits
- Paid Time Off
- a 401(k) matching program
- annual incentive pay
- paid holidays
- a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- health savings, flexible spending, and dependent care accounts
- adoption assistance
- an employee assistance program
- fitness reimbursement
- tuition reimbursement
- an associate wellbeing program
- an associate emergency fund
- various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
