Mutual Fund Accounting Analyst

SEI•Upper Providence Township, PA

3d•Hybrid

About The Position

SEI Investments Distribution Company (SIDCO) is a wholly owned subsidiary of SEI Investments Company, incorporated in Pennsylvania in July 1981. SIDCO is a broker registered with the Securities and Exchange Commission, the National Association of Securities Dealers, Inc., and securities commissions in all fifty states, the District of Columbia, and Puerto Rico. SIDCO also distributes shares in various regulated investment companies. The Distribution Fee Accounting team within SIDCO is responsible for recording and paying all invoices, including those related to mutual fund fees. The Accounting Team in SIDCO is responsible for Financial and Regulatory Report for the Broker Dealer, Maintenance of accounting and brokerage systems, Maintenance of General Ledger Systems, Client billing and accounts receivable management, Mutual Fund distribution related payment process, and Internal control compliance.

Requirements

BS/BA degree in Business, Accounting, Finance or related field
A minimum of 2 years of relevant work experience
Strong technical skills and experience working with various accounting and/or billing systems
Demonstrated experience in the Microsoft Office suite
Proficient in Microsoft Excel needed
Strong communication, organizational and problem solving skills
Ability to handle escalated issues thoroughly and professionally
General financial services knowledge

Nice To Haves

Ability to think and work independently as well as in a team environment
Ability to prioritize, multi-task and follow through with goals and objectives
Attitude of responsibility and accountability for accomplishing stated objectives
Ability to brainstorm and troubleshoot
Approach process improvements creatively and innovatively
Analytical, financial analysis, organization and planning skills

Responsibilities

Assemble, review and verify Mutual Fund Fee related invoices, contracts, and T/A reports
Flag and clarify any unusual or questionable invoice charges
Calculation of 12b-1, Shareholder Servicing, Administrative and Advisor payment allocations
Process mutual fund fee related invoices in Great Plains Accounting System
Assist with making payments to intermediaries (Checks, Wires, ACH)
Reconcile mutual fund fee related receivable/payable transactions
Research and resolve invoice discrepancies and issues
Correspond with mutual fund clients and respond to inquiries
Provide supporting documentation for audits
Maintain accurate historical records
Participate in training opportunities to increase industry expertise
Work on special projects as required