CIB-Fund Accounting Specialist Job Description

CIB-Fund Accounting Specialist Job Description

156 votes for CIB-Fund Accounting Specialist
Cib-fund accounting specialist provides the leadership to grow and develop a team of fund accounting supervisors and seasoned fund accounting staff, including training, development and performance reviews.

CIB-Fund Accounting Specialist Duties & Responsibilities

To write an effective cib-fund accounting specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included cib-fund accounting specialist job description templates that you can modify and use.

Sample responsibilities for this position include:

Keep adequate documentation on file to fully explain and support all items, particularly those, which would be deemed unusual, eg
Portfolio Analysis - Vintage Year, Fund Family, Investment Strategy (Core, Opportunistic, Core, Value added, REIT )
Ensure the setup of rules are in line with regulatory requirements including the 1940 Act & UCITS
Able to interpret regulatory changes if any and accordingly provide functional input to make necessary changes to any existing rules
Act as a change agent and provide technical expertise to key projects/initiatives in the compliance reporting function
Act as a key linkage point with the OSD teams & other stakeholders including audit
Providing innovative solutions to client requirements (including coding the Compliance Reporting application) in sync with optimization of the rule library in place
Is able to appreciate specific client nuances successfully and provide an appropriate & optimal solution to meet objectives
Keep upto date with industry practice, product development and evolving regulations
Oversight of day to day operations within the team including booking trades

CIB-Fund Accounting Specialist Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for CIB-Fund Accounting Specialist

Typically a job would require a certain level of education.

Employers hiring for the cib-fund accounting specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Economics, MBA, Business, Graduate, Mathematics, Technical, Computer Sciences, Statistics

Skills for CIB-Fund Accounting Specialist

Desired skills for cib-fund accounting specialist include:

Account reconciliation processes
Industry developments and trends
His/her client base
Processes of a fund’s Custodian Bank and Investment Manager
Financial instruments and their accounting treatment
Fund accounting systems
SOPs/related check points

Desired experience for cib-fund accounting specialist includes:

Must be extremely detail oriented, diligent and thorough
Prior related experiences a plus
Awareness of stock market practices & data vendor systems
2 year or 4 year degree in Business or equivalent
Minimum 1-3 years in Financial Services industry, preferably with prior Alternatives experience
Good understanding of project execution methodologies, specifically Agile

CIB-Fund Accounting Specialist Examples


CIB-Fund Accounting Specialist Job Description

Job Description Example
Our company is growing rapidly and is looking for a cib-fund accounting specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cib-fund accounting specialist
  • Providing financial data (expense ratios, portfolio turnover, ) to financial reporting in the completion of quarterly, semi-annual, and annual reports to shareholders
  • Calculate partner allocations including management fee, carry calculations and maintain waterfall models
  • Preparation of investor capital calls, distributions, financial reports and capital statements
  • Demonstrate ability and interest in understanding client's account structure its and various types of portfolio's, their deliverables, and some of their specific requirements
  • Be a key point of contact for a significant JPM Client or multiple key Clients within Fund Accounting
  • Build a stable relationship with the Client to support key interactions and seamless escalation
  • Represent Fund Accounting across service and change discussions
  • Ensure the service quality that is delivered to Clients is of an excellent standard
  • Co-ordinate and participate in Fund Accounting service reviews with the Client
  • Be a communication source for escalation of all issues, service updates, and progress updates for the Client
Qualifications for cib-fund accounting specialist
  • Experience using Geneva, Mark-It wire and TriOptima a plus
  • Ability to support core business hours for our Client base
  • Manage all client inquiries and requests from outside parties, auditors, in a professional manner
  • Graduates of Diploma Degree or higher with good academic record
  • Thorough knowledge of the Bank Debt asset class, including Primary and Secondary market trading
  • 3+ years of accounting experience, preferable including Public Big 4 and partnership or private equity fund accounting

CIB-Fund Accounting Specialist Job Description

Job Description Example
Our company is looking to fill the role of cib-fund accounting specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cib-fund accounting specialist
  • Serve as first level authorizer / QA and main contact for escalations
  • Strong understanding of Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution
  • Preparation of a file to a high standard which will include a checklist, all necessary supporting reports, all necessary supporting schedules to back up calculations, plus full cross-referencing as required
  • Working on SGL and FTR onboarding and reconciliation activities
  • Preparation of BASs, audit packs, distributions, tax returns, trial balance and financial statements including notes to the accounts
  • Supporting reconciliation work (e.g., reconciling capital in HiPort and PATAN to Registry reports)
  • Researching issues and resolving to completion or escalating where appropriate
  • On-going ownership for portfolios all year-end to ensure minimal issues arise during peak periods
  • Working with the donor site to ensure knowledge is up to date for changes to Australian Tax and Accounting Standards
  • On-going development of a robust training plan for new hires
Qualifications for cib-fund accounting specialist
  • Support a progressive approach to improving the quality of service delivered to auditors
  • Maintain an excellent and interactive relationship with internal partners inclusive of Financial Reporting, Fund Accounting, Middle Office and Client Service
  • Ensure effective controls and governance to mitigate risks in the Financial Reporting and distributed operating model
  • Collation and creation of KPIs and key trends analysis for senior management reporting
  • Manage the daily audit log correspondence with auditors, including hosting audit progression calls throughout audit cycle with all relevant parties
  • Chartered Accountant/MBA/Bachelors degree in Finance, Accounting or Economics

CIB-Fund Accounting Specialist Job Description

Job Description Example
Our growing company is hiring for a cib-fund accounting specialist. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for cib-fund accounting specialist
  • Preparation of core reconciliations in order to ensure the accuracy of the NAV
  • Preparation and processing of income and expense accruals
  • Escalate and resolve issues in a timely manner
  • Financial statement preparation and assistance on audit process
  • Drive and lead initiatives across key business pillars namely Efficiency, Controls, Audit and BCP
  • Encourage innovative culture within the team
  • Lead / Encourage and Participate in L&D sessions
  • Should be a quick learner and should possess sound judgement
  • Individual should possess experience of working in Fund Services Operations – Fund Accounting, Trades, Reconciliations, Asset Servicing, Financial Reporting & Asset Servicing
  • Day to day inquiry management & resolution of escalated client exceptions
Qualifications for cib-fund accounting specialist
  • Graduate / Post graduate with 8- 10 years’ experience preferably in Financial Sector industry
  • Ability to influence and engage key stakeholders
  • Ability to lead team and work across regions
  • Self motivated and project oriented
  • Efficient in researching discrepancies between trade files and front end systems
  • Ability to work under severe pressures and with strict deadlines

CIB-Fund Accounting Specialist Job Description

Job Description Example
Our company is searching for experienced candidates for the position of cib-fund accounting specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cib-fund accounting specialist
  • Manage group email boxes and SharePoint queues to ensure queries are resolved / responded to within a timeframe and manner sensitive to the urgency of the event, thereby ensuring that internal / external client satisfaction is maintained
  • Maintain the highest individual and team standards for quality assurance as it relates to all investor or fund activity / changes
  • Ensure calculation of the NAV is in line with existing processes and procedures
  • Review core reconciliations in order to ensure the accuracy of the NAV
  • Investigate & validate NAV movement
  • Complete the delivery of the daily/weekly/ad hoc/monthly NAV production and price dissemination
  • Assist manager with task allocation and resource planning
  • Accurately complete team deliverables in line with daily, weekly and monthly deadlines and donor requirements
  • Good understanding of investment fundamentals
  • Demonstrate sufficient technical knowledge of various investment instruments and markets (stock exchanges) and their effect on the portfolio’s valuation
Qualifications for cib-fund accounting specialist
  • Basic understanding of securities accounting
  • Fresh Commerce Graduates or experienced graduates with experience in a Banking and Financial Services/ Treasury environment (Experience and understanding of Mutual Fund Reconciliations/ Operations could be an added advantage)
  • Promote culture of early and timely escalation, ensure root cause analysis undertaken for all operational incidents and follow through with all recommendations
  • Actively manage risk items and continually evidence compliance with key controls
  • Ensure all client queries dealt with within required SLAs
  • Ensure all data is present, correct and complete

CIB-Fund Accounting Specialist Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of cib-fund accounting specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cib-fund accounting specialist
  • Able to handle complex portfolios and transactional activities across different funds
  • Ensure all sign-offs needed to kick off the NAV validation process has been completed by all relevant upstream teams
  • Full utilisation and mastery of Hiportfolio (asset management system) and GTI (custody system) as investigative tools to adequately research and resolve issues
  • Liaise with Sydney reviewers and upstream teams
  • Escalate to management, in the event that there are delays or issues that will impact completion of NAV validation process
  • Propose and co-leads process efficiencies which may lead to soft/hard saves for the team
  • Performance of ad hoc tasks across different clients in relation to the NAV generation and validation process
  • Provide training and knowledge sharing activities to new joiners, junior members or other relevant teams as needed
  • Complete and pass all mandatory and product related trainings
  • Monitoring completion of daily, weekly, monthly administrative tasks as instructed (e.g EOD checklist, daily score card, error log, etc)
Qualifications for cib-fund accounting specialist
  • Work with Product Development, Settlements, FX and Risk
  • Provide Associate cover
  • Responsible for processing & validation of Income & Mandatory Corporate actions
  • Operational management and control of the daily workflow within the Asset Services team
  • Ensure all daily controls and processing are completed and signed off including client service enquiry resolution, cash and stock break management event management
  • Ensure all key metrics are produced as required in given timelines

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