Fund Accountant
Description
This role is responsible for accurately producing the net asset value (NAV) for various funds, including hedge funds, mutual funds, pooled funds, and segregated funds. The individual will apply diverse accounting policies, enhance productivity through operational efficiencies, and foster relationships across departments. Key tasks include ensuring data quality for NAV production, reconciling capital stock, cash, and security holdings, analyzing general ledger to sub-ledger, calculating performance fees, preparing year-end distributions, and delivering timely client reports.
What We're Looking For
Ensure all required data for producing NAV is available and quality-assured; prepare NAV for funds; reconcile unit holder capital stock, cash, and security holdings, investigating and clearing issues promptly; analyze and reconcile the general ledger to sub-ledger and resolve issues; calculate performance fees (if applicable); investigate, document, and escalate issues/events; prepare year-end distributions of income, capital gains, and related tax issues; deliver quality customer service through timely and accurate report delivery; maintain client on-site reports; ensure daily valuations reports are accounted for. Must have a post-secondary degree in a related field (e.g., Accounting), securities industry knowledge, investment accounting experience with GAAP/IFRS, strong computer skills (especially Microsoft Excel and Word), ability to work in a fast-paced environment and meet tight deadlines, analytical skills with strong attention to detail, and flexibility to work between 9 am to 8 pm.
Ideal Candidate
Post-secondary degree in a related field (e.g., Accounting); securities industry knowledge; investment accounting experience with working knowledge of GAAP/IFRS. Nice-to-haves include good technical knowledge on calculating Net Asset Value and preparing financial statements, good knowledge of accounting standards and MPOWER, recommended accounting designations, and other industry-related courses or accreditations such as Canadian Securities Course (CSC) or mutual funds course (IFIC).
Minimum Education
Post-secondary degree
Hard Skills
Soft Skills
Work Hours
37.5 hours/week; flexibility to work between 9 am to 8 pm
Benefits
Special Commitments
Flexibility to work between the hours of 9 am to 8 pm
Also Available At
About the Company
Royal Bank of Canada
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.
We respect your privacy
BerryMap uses cookies to provide essential features, analyze usage, and improve your experience. You can customize your preferences below.