Fund Accountant Resume Samples

Description :

1. Reconciliated and prepared of various work papers and financial reports.
2. Calculated daily net asset values for mutual funds (including multiple classes) and distribution rates.
3. Transmitted mutual fund information when necessary, analyzed all factors that impacted the net asset values and communicated this information to immediate supervisor.
4. Worked to resolve issues relating to the funds with the appropriate parties.
5. Prepared work papers and related schedules for annual and semi-annual shareholder reports and annual audits in accordance with SEC and GAAP requirements.
6. Responsible for thirty-three fund accounts operating in three separate fiscal years 
7. Prepared twenty-two financial statements for the corresponding funder sources.
8. Executed wire transfers, distributions, capital calls, and vendor payments, booking the movement as well as other activity during daily cash reconciliations.

Experience

2-5 Years

Level

Junior

Education

BA

Description :

1. Managed two municipal bond funds, one corporate bond fund, and one international equity fund.
2. Prepared and processed daily journal entries and month-end balancing entries research variances for internal reporting.
3. Networked with other departments to ensure accounting accuracy.
4. Reconciled monthly schedules, expense reports, and assets held to custodian statements.
5. Assisted in assembling quarterly portfolio appraisals for shareholders and potential investors.
6. Responsible for converting foreign and domestic trade currencies.
7. Performed a variety of fund accounting functions in order to maintain the accounting records for a group of assigned clients.
8. Calculated the daily, weekly, semi-monthly or monthly net asset value per unit for each fund.

Experience

5-7 Years

Level

Executive

Education

BS

Description :

1. Partner with 3rd party service providers, including custodian banks, accounting agents, and transfer agents to enhance and align the operating service models and processes.
2. Analyze and understand data flows and systems utilization of the data.
3. Leverage technology to improve productivity and data quality.
4. Ensure trades are processed and booked accurately per client request.
5. Identify exceptions and problems affecting accounting records and prices, and assist in their resolution.
6. Resolution vendor issues and concerns management of project accounts receivable and payable vendor file maintenance.
   
7. Prepare financial reports for portfolio managers and clients.
8. Audit investment portfolios to ensure internal and external Standard Operating Procedures (SOPs) are followed.

Experience

2-5 Years

Level

Junior

Education

BS

Description :

1. Responsible for administration of funds including monthly closing, custodian asset reconciliation, preparation and review of financial statements and partner statements.
2. Prepare timely and accurate Net Assets Values, yields, distributions, and other fund accounting output for subsequent review.
3. Record accurately, and in accordance with the Department policies and procedures, such accounting records as securities positions, corporate actions related, and journal entries.
4. Reconcile various accounts, or reviewing reconciliations prepared by others, and promptly researching and correcting any variances.
5. Assist, as assigned, in preparing audit schedules, compliance reports, financial statements, or other reports.
6. Research, as assigned, certain securities in Fund portfolios for the purpose of ensuring proper accounting treatment, and compliance with SEC, tax, and prospectus restrictions.
7. Prepare, reconcile and distribute reports to/from marketing, separate custodians and investment management.

Experience

2-5 Years

Level

Junior

Education

MBA

Description :

1. Analyzed funds, NAVs and rate calculations on stock equity and mutual fund accounts.
   
2. Valued fund security pricing and accruals for various internal departments and external entities.
3. Investigated and corrected variances on stocks and mutual funds.
4. Trained newly employed fund accountants on the basis of fund accounting.
5. Responsible for all aspects of day-to-day accounting for six assigned mutual funds 
6. Participated in a regular rotation of trade processing and other accounting processes to prepare the fund accounting system for the next day.
7. Prepared timely and accurate Net Assets Values, yields, distributions, and other fund accounting output for subsequent review.
8. Accurately reconciled the cash reported by the custodian banks for the funds and communicated with them to promptly resolve any discrepancies. 

Experience

5-7 Years

Level

Executive

Education

BBA

Description :

1. Provide for daily analysis of investment funds totaling $160M in support of reporting key NAV components to various stock exchange markets at the domestic and international levels.
2. Perform asset/liability analysis in support of accurately calculating key organizational expenses to be taken into account.
3. Monitor, analyze, and provide for SEC compliance with specific regard to rules and regulations governing domestic/international markets.
4. Provide for securities analysis and reporting in efforts to maintain strict operating guidelines within the investment fund, as well as monthly/quarterly forecasting of market risk.
5. Analyze, reconcile, and manage brokerage account holdings with specific regard to fiduciary/legal compliance regulations related to capital markets.
6. Analyze FEC, swaps, and options across domestic/international financial markets and calculate derivatives associated with mark to market transactions.
7. Process reports associated with excise tax valuation, secured/unsecured debt, and capital market compliance.

Experience

5-7 Years

Level

Executive

Education

BBA

Description :

1. Reconcile cash on a daily basis for all portfolios.
2. Ensure that cash coupons from custodian banks, money funds, and banks are received on a timely basis and are in agreement with ADP accounting system records.
3. Research payment history in Bloomberg, checking proper security setup in the Investment accounting system placing inquiries with the custodian bank.
4. Assist with the preparation of monthly journal entries and investment roll forwards.
5. Produce purchase and sales, trial balance, and dividend income reports.
6. Research and fix trades and securities' errors.
7. Manage day to day activity for domestic and international mutual funds including cash management, securities trading, portfolio valuation, and financial reporting.

Experience

7-10 Years

Level

Management

Education

MBA

Description :

1. Executed daily portfolio reconciliation, including identification, investigation, and resolution of differences.
2. Financial records management for settlement of private deals, ensuring all funding is sufficient for closure.
3. Reviewed, analyzed and approved margin calls, ensuring accurate call amounts as well as management of collateral balances/transfers.
4. Delivered financial statements, quarterly regulatory compliance, and other monthly financial management reports.
5. Executed and reviewed financial statements through complex data manipulation and high-level financial statement calculations, including accretion and level 3 disaggregation.
6. Provided insight and recommendations for a wide range of financial products, including bank debt, corporate bonds, forward contracts, preferred stock, and private equity.

Experience

5-7 Years

Level

Executive

Education

BS

Description :

1. Recorded and tracked restricted donor funds on the Income Statement and Balance Sheet.
2. Provided monthly summations to the management of all restricted donor funds outstanding, each fund's time or purpose restriction.
3. Managed cash in four money market accounts and the main operating account including weekly transfers of money.
4. Reviewed actual to budget on a monthly, annual and prior year basis.
5. Prepared the Annual Statement of Functional Expenses (assignment of all Profit and Loss expenses to mission efforts, fundraising or administration) for external auditors.
6. Provided all documentation for restricted donor funds and unrestricted operating grants to external auditors annually.
7. Performed data analysis for the Operating Board Committee using census data to gather demographical information on donors, and areas of opportunity for additional donations.
8. Managed the year-end inventory process for 3,500 pieces of inventory.

Experience

2-5 Years

Level

Junior

Education

BS

Description :

1. Handled the full-cycle accounting for a private equity fund's portfolio of real estate assets including preparation and analysis of financial statements, and IRR calculations.
2. Performed all reconciliation and general ledger postings to the balance sheet and income statement.
3. Performed daily activity of the funds operating assets such as processing rent checks from the property managers, reviewing and posting tenant billing adjustments.
4. Processed Accounts Payable (AP) including the review, posting, and payment of all vendor invoices.
5. Created a more efficient procedure for AP processing at the property and corporate level, authored a new AP Procedures Manuel, and conducted an AP training session.
6. Prepared monthly, quarterly, and annual reporting to investment partners.
7. Prepared contribution and distribution calculations and processed activity accordingly.
8. Provided accurate and timely financial information to internal departments under specific deadlines.

Experience

2-5 Years

Level

Junior

Education

MBA

Description :

1. Provided accounting and finance support to the global investment department of a large banking institution, handling a large variety of funds with 6 global offices.
2. Responsible for managing the accounting books of assigned funds.
3. Ensured that the balance sheet and profit and loss statements are accurately reported, on a timely basis, within tight deadlines, and makes certain strong internal controls.
4. Handled accounting for assigned funds, including reconciliation of the general ledger P&L, review of balance sheet and ensuring that reconciling items are investigated and resolved.
5. Fully reconciled the month end trial balance to independent support for the assigned fund.
6. Prepared month-end balance sheet reconciliation's fully supported with source documentation.
7. Identified and implemented work process improvements with regards to efficiency and ensuring that strong internal controls are maintained.

Experience

7-10 Years

Level

Management

Education

Associate

Description :

1. Managed two municipal bond funds, one corporate bond fund, and one international equity fund.
2. Prepared and processed daily journal entries and month-end balancing entries research variances for internal reporting.
3. Networked with other departments to ensure accounting accuracy.
4. Reconciled monthly schedules, expense reports, and assets held to custodian statements.
5. Assisted in assembling quarterly portfolio appraisals for shareholders and potential investors.
6. Responsible for converting foreign and domestic trade currencies.
7. Trained new employees in conjunction with the training program.
   
8. Reviewed and monitored month-end proofs and pricing for 8 funds.
   

Experience

2-5 Years

Level

Junior

Education

BS