UMB Financial Corporation
Fund Accountant I (Mutual Funds)
UMB Financial Corporation, Milwaukee, Wisconsin, United States, 53244
Fund Accountant I
UMB Registered Fund team, which manages daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.
Overview As the Fund Accountant I, you are responsible for daily calculation of NAV for multiple mutual funds, performing accounting, pricing, review, and reconciliation functions for U.S. and foreign equities, bonds, and simple derivatives. You can grow to handle advanced derivatives, bank loans, private credit, leading to Fund Accountant II/III.
How you will spend your time:
Oversee general ledger accounting functions for multiple funds
Prepare and review preliminary trial balance and NAV calculation for multiple funds
Monitor and analyze income and expense accruals to ensure GAAP compliance
Analyze corporate action application for GAAP compliance
Reconcile cash settlements to the custodian and prime broker records
Reconcile position quantity to the custodian and prime broker records
Investigate and resolve cash or position discrepancies by collaborating with the custodian, prime brokers, transfer agency, advisor, and/or portfolio managers/traders
Review and resolve trade detail exceptions to ensure transactions are accurately reflected by collaborating with the advisor/portfolio manager or trader.
Analyze security pricing exceptions to ensure proper prices are used in the calculation of the NAV
Partner with various internal/external parties to ensure compliance with SEC regulations, IRS, and GAAP reporting regulations
Coordinate audit materials as well as responses to audit inquiries
Other duties as assigned.
Qualifications
You possess a Bachelor's Degree in one of the following Accounting, Finance, Investment Banking, Economics, or International Business
Compensation Range Compensation Range:
$43,000.00 - $82,590.00
Benefits UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Equality & Diversity UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
California Employment If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
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Overview As the Fund Accountant I, you are responsible for daily calculation of NAV for multiple mutual funds, performing accounting, pricing, review, and reconciliation functions for U.S. and foreign equities, bonds, and simple derivatives. You can grow to handle advanced derivatives, bank loans, private credit, leading to Fund Accountant II/III.
How you will spend your time:
Oversee general ledger accounting functions for multiple funds
Prepare and review preliminary trial balance and NAV calculation for multiple funds
Monitor and analyze income and expense accruals to ensure GAAP compliance
Analyze corporate action application for GAAP compliance
Reconcile cash settlements to the custodian and prime broker records
Reconcile position quantity to the custodian and prime broker records
Investigate and resolve cash or position discrepancies by collaborating with the custodian, prime brokers, transfer agency, advisor, and/or portfolio managers/traders
Review and resolve trade detail exceptions to ensure transactions are accurately reflected by collaborating with the advisor/portfolio manager or trader.
Analyze security pricing exceptions to ensure proper prices are used in the calculation of the NAV
Partner with various internal/external parties to ensure compliance with SEC regulations, IRS, and GAAP reporting regulations
Coordinate audit materials as well as responses to audit inquiries
Other duties as assigned.
Qualifications
You possess a Bachelor's Degree in one of the following Accounting, Finance, Investment Banking, Economics, or International Business
Compensation Range Compensation Range:
$43,000.00 - $82,590.00
Benefits UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Equality & Diversity UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
California Employment If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
#J-18808-Ljbffr