Specialist, Finance & Banking, Financial Analyst

Career Opportunities:
Specialist | Institutional Fund Operations | Fund Accounting (8861)

Position within Institutional Operations – Fund Accounting Team as a Fund Accounting Specialist

The purpose of the role is to contribute to and promote robust operating procedures within Fund Accounting to create an efficient and high performing team. The successful candidate is required to have in depth knowledge and understanding of the accounting and analytical aspects of collective investment schemes, unitized vehicles, both local and offshore.

The key functions included are:

• Calculating the daily NAV of the Unit Trust, Pooled Products, Mutual Funds and Multi Manager Products and Bermuda Products
• Review daily NAV of the Unit Trust, Pooled Products and Multi Manager Products and Bermuda Fund
• Sound understanding of the valuation of offshore and local securities, including fixed income
• Accurate calculations of fund and class daily expense including performance fees
• Oversight and understanding of corporate actions impacting fund nav
• Optimization of reconciliations, exception handling, investigation ofsold significant variances and effective resolution of reconciliation breaks and ad hoc challenges
• Accurate processing on asset transfers across all structured products
• Responsible for fund payments
• Advanced understanding of the composition of fund holdings, fund benchmarks and performance fees
• Preparing fund trial balances and nav analysis
• Advanced understanding of unit transaction impact on income and capital prices
• Attending to audit queries and ad hoc queries
• Sound understanding of income distribution processes including the allocation of income per taxable income categories
• Ensure fund accounting BAU is metric is maintained

• Highly analytical and accounting focused
• Critical attention to detail
• Deadline driven and excellent time management skills
• Excellent organisational skills
• Self-motivated, determined, and resilient
• People orientated
• Strong team focus and team player
• Ability to motivate a team
• Works well under pressure
• Excellent relationship building

• Appropriate finance qualification:
  Chartered Accountant or BCom (Hons) with Accounting. Specialist qualification in financial services would be advantageous.
• Thorough understanding of complex interest-bearing instruments
• Oversight and understanding of corporate actions impacting fund nav
• Self-driven tomou at least 5 years’ experience in fund accounting or
• CA’s with audit exposure within investment management and fund operations