FUND ACCOUNTANT, NAV REVIEW
Company Profile
Our client, a pre-eminent financial services company and a market leader within fund administration, is currently looking to recruit a number of fund accountants at various levels for their Dublin city centre based offices.
The Role
This position is in the NAV review area and represents a fantastic opportunity for an individual to gain experience in the investment and mutual funds industry as well as an opportunity to advance in a fast growing dynamic organisation. The fund administration department is primarily responsible for the preparation and review of net asset valuations. These valuations can be both regulated (UCITS vehicles) and non-regulated and their accuracy is essential as investors will potentially trade based on the published NAV prices.
The successful candidate will:
Perform an analytical review of the valuation versus global stock market indices
Review custodian security and cash positions
Liaise directly with investment managers, clients, other departments, etc
Review and investigate corporate action events that impact the published value of the fund
Review the valuation of securities on the portfolio covering Equity, Debt, Futures, Options, Interest Rate Swaps, Credit Default Swaps, Total Return Swaps, Swaptions, Foreign Exchange Contracts, Mortgage / Asset Backed Securities, Commercial Paper, Medium Term Notes, other derivatives, treasury instruments and distressed debt.
Key responsibilities include:
Completion of generic and NAV specific checklists in a timely manner
To identify and correct potential errors or misstatements in the funds valuation / associated reporting
Review exceptions between the Custodian/Investment Manager and fund accounting to ensure that the exceptions noted have no NAV impact and items cleared are treated correctly
Analyse root-cause of recurring issues through regular review of exceptions and assist in developing programmes for service enhancements arising from this
To liaise with other areas within the bank in order to clear exceptions in a timely manner
To rationalise and explain the movements in the Profit and Loss Account
To ensure that all assets and liabilities are recorded on a timely basis and correctly identified in the Balance Sheet
To demonstrate initiative and assist and contribute to the ongoing development of the team's processes, procedures and positive working environment.
Produce clear and accurate business requirements to enhance the product or to close gaps in the process where identified
To assist in the collection and analysis of relevant management information.
To complete any other tasks assigned by the Team Leader
To ensure all client deliverables are achieved within agreed reporting deadlines.
Experience
1 - 5 years fund accounting experience
In depth knowledge of fund accounting processes
Broad overview of financial investment instruments.
Knowledge of Microsoft Office to include Excel and Word
Strong communication skills
PC literate
Self motivated
Able to work well as the member of a team
High level of accuracy with keen of attention to detail
Strong numeric skills
Able to organise own work and manage own time
Use own initiative
A willingness to learn to learn in a constantly changing environment
Good business judgement, knowing when to escalate, who to keep informed to identify the appropriate steps
Methodical with excellent oral and written communication skills
Proven record for complex issue resolution.
Education
Bachelors degree in a business, finance or accountancy related discipline is desirable.
Salary
Excellent salary and benefits depending on experience.
Contact
Should you feel you have the attributes and experience required for this role please do not hesitate to contact Dan Roddy at Sigmar Recruitment directly on (01) 474 4690 or by e-mail at the address above droddy@sigmar.ie
If you have one year's banking or financial services experience I also have numerous opportunities available to you within:
Fund Administration, Treasury, Client Services, Compliance, Trust, Custody, Corporate Actions, Pricing, Payments, Reconciliations, Settlements, Mortgages, Loans Admin, etc
.