Fund Accountant, Fund Accounting
CIBC Mellon
Date: 13 hours ago
City: Toronto, ON
Contract type: Full time
Responsibilities
- Prepares financial statements, audit and year end valuation packages, financial reports, fund distributions and preparation of T3 income distribution factors with varying time lines.
- Reviews and reconciles daily transactions of assigned mutual funds - analyze daily cash flow activities, reconciles assets and cash balances, maintains a balanced cash account. Researches discrepancies; investigates special or questionable transactions, i.e., trade corrections, corporate actions; liaise with clients and their representatives, as well as, internal staff concerning issues affecting the valuation of funds.
- Inputs all capital stock transactions ensuring capital stock is balanced and manually input fee payment entries ensuring accuracy. Accounts for all cash deposits, interest, and dividend payments.
- Performs additional audit checks to support the calculation of net asset values; analyzes the increase or decrease of the net asset value of a fund.
- Reports the daily net asset value of funds to clients, their representatives, and newspapers, according to instructions.
- Consults with senior staff to make any necessary adjustments accurately to transactions that impact the unit price.
- Community College degree with focus on accounting or finance, or equivalent training
- 1 year experience in the financial services sector
- Completion of Canadian Securities Course
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resume