Sr. Manager, Fund Accounting
About The Position
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.
Requirements
- 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
Nice To Haves
- 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
- Experience overseeing third-party service provider deliverables
- 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
Responsibilities
- Performing end-of-day reviews of fund net asset values (NAVs), validating results, and researching variances outside established tolerance thresholds
- Applying accounting policies, reviewing internal controls, and supporting fund distribution analysis
- Preparing clear and accurate reporting materials, including management reports, governance committee materials, fund board reporting, and ad hoc reporting requests
- Partnering across functional teams, including portfolio management, product management, tax, trade operations, audit, and financial reporting
- Overseeing third-party service provider deliverables
- Communicating accounting policy updates
- Identifying workflow improvements, recommending process enhancements, and supporting automation opportunities
- Managing deadlines, organizing detailed work, and communicating effectively with business partners and senior leaders
Benefits
- bonus or incentive opportunities
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
