What is the opportunity?
In this role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds. You will maintain strong working knowledge of the various accounting policies for different fund types, while enhancing productivity by implementing operation efficiencies, and building effective relationships with other departments.
What will you do?
Operational Duties & Service Delivery
Ensure all required data for producing the NAV are available and quality ensured (corporate action, pricing) and prepare the Net Asset Value (NAV) for funds
Reconcile unit holder capital stock, cash and security holdings and investigate and clear all outstanding issues in a timely manner
Analyze & reconcile the general ledger to sub-ledger and resolve outstanding issues in a timely manner
Calculate Performance fees (if applicable) and investigate, document and escalate issues/events
Prepare the calculation of year-end distributions of income, capital gains and related tax issues
Deliver quality customer service through timely and accurate report delivery
Maintain client on site reports in an organized manner and ensure all daily valuations reports are accounted for
What do you need to succeed?
Post-secondary degree in related field (i.e. Accounting)
Securities industry knowledge
Investment accounting experience - working knowledge of GAAP/IFRS
Strong computer skills, and specifically for Microsoft Excel, and Word
Ability to meet tight deadlines and strong analytical skills
Good technical knowledge on calculating Net Asset Value, preparing financial statements
Good knowledge of accounting standards and MPOWER
Accounting designation(s) are recommended
Other industry related courses or accreditations are also recommended: Canadian Securities course (CSC) or mutual funds course (IFIC)
Must be flexible to work between the hours of 9am to 8pm
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference for our clients and in our communities, and achieving mutual success.
Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
Opportunity to obtain hands-on experience throughout your role
Working with an exciting, close-knit, supportive & dynamic group
Opportunity to collaborate with other business segments within the bank
Excellent career development and progression opportunities
A comprehensive Total Rewards Program including bonuses and flexible benefits
Address: Wellington/Financial Drive
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Position Level: PL10
Required Travel(%): 0-25
People Manager: No
Application Deadline: 01/27/2020
Req ID: 210776