Fund Accountant - Milwaukee, United States - UMB Bank

UMB Bank

Verified Company

Milwaukee, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The
UMB Registered Fund team, which manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.

As the
Fund Accountant I, you are responsible for all functions related to the daily calculation of the net asset value for multiple mutual funds, as well as, performing the accounting, pricing, review and reconciliation functions for multiple funds.

How you will spend your time:

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
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.

We're excited to talk with you if: