Senior Fund Accountant

  • Location: Toronto, ON
  • Type: Contract
  • Job #1295

** Must have systems experience – Pacer Portfolio /Trust Accounting system

Brief Project Description:

Our Financial Services client in Toronto is looking for a Senior Fund Accountant with Pacer Portfolio Management experience. Please apply with Resume. Thank you.

Job Details:

  • Reconcile cash, quantity and cost in portfolio management system to custody system
  • Review rate of return numbers
  • Process specialized transactions, inputting data in to an in-house system, looking for discrepancies as well as investigations and reconciliations
  • Provide a high level of customer service by interacting with personnel from various institutions to correct transaction/ trading activity related issues concerning settlement of transactions
  • Perform other administrative functions as required
  • Calculates daily, weekly and monthly net asset value (NAV) for appropriate funds
  • Prepares monthly cash flow investment activity reports and year-end balances for cash, bonds, equities and other invested assets
  • Reviews bank statements /cash flows; recording bond amortization and interest accrual adjustments, corporate debt accruals and investment expense accruals
  • Monitors and reports on compliance with investment guidelines and statutory regulations.

Responsibilities:

  • Liaises with investment managers, prime brokers and custodians in relation to trading activity as required for transaction processing and NAV preparation
  • Maintains the Fund Accounting System records for investment transactions, verifying system-generated entries and posting manual entries as necessary
  • Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements
  • Implement fund investment policies and strategies
  • May identify group and individual target investors for a specific fund

 

Knowledge and Experience

  • Proven knowledge of FMC Pacer software/ Pacer Portfolio/ Trust Accounting Software
  • Bachelor’s degree in Accounting, Business, Finance or similar
  • minimum 3 years fund accounting experience
  • Reconciliations experience
  • FMC (Pacer)
  • Proficient verbal and written communication skills
  • Advanced user proficiency with Microsoft Word, Excel and PowerPoint, spreadsheet/financial accounting skills, and any other related accounting software

Attributes:

  • Attention to detail and critical thinking
  • Ability to work independently and manage one’s time
  • Excellent communication and team work skills
  • Experience working on process improvements or various ad hoc system projects is an asset

Thank you for your interest. As our clients are based in Toronto, only those eligible to work in Canada will be considered. Please apply with Resume only.