FAQs
What is the primary responsibility of the Fund Accounting - Associate 2 position?
The primary responsibility includes calculating and validating daily, weekly, or monthly Net Asset Value (NAV) for assigned funds with a goal of 100% accuracy, timeliness, and completeness.
How much prior experience is required for this role?
A minimum of 2+ years of fund accounting experience is required.
What educational qualifications are preferred for this position?
A Bachelor's degree or equivalent work experience with a focus in Accounting, Economics, Finance, or a related field is preferred.
Is knowledge of securities language necessary for this job?
Yes, knowledge of securities language and legal requirements is necessary for this role.
What software skills are required for the Fund Accounting - Associate 2 position?
Proficiency with Microsoft Office Products, particularly Excel and Word, is required.
Will I be required to work night shifts in this position?
Yes, you should be comfortable working in night shifts as part of this role.
What are the key skills needed for success in this position?
Key skills include excellent communication, organization, interpersonal planning, analytical skills, and being detail-oriented and deadline-driven.
Is there training involved for team members?
Yes, you will assist and train others in your team with their NAV calculation and problem resolution.
Will I be responsible for resolving discrepancies within the accounting and trade entry systems?
Yes, you will be responsible for researching and resolving differences between accounting and trade entry systems daily.
What type of securities will I be reconciling in this role?
You will be reconciling various portfolio positions, including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments.