Fund Accountant Lead-Alt Inv

Ogden, UT - USA

Monthly Salary: $ 69230 - 149000

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Are you ready to be part of something more

Youre more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their workone anotherand their community. Expect more than the status quo. At UMB you can expectmore heart. Youll be valued for exactly who you are and encouraged to support causes you care about. Expectmore trust. We want you to do the right thing no matter what. And expectmore opportunity.UMBersare known for having multiple careers here and having their voices heard.

The Fund Accounting Alternative Investments Teamprovidesaccounting pricing and reconciliation services for our alternative investment fund clients. This group is a growing team that continues to add to our client portfolio. With additional clients and the evolution of client needs comes the opportunity to grow our knowledge base and expand our technological capabilities.

The Fund Accounting-Alternative Investments role supports UMB by handling all accounting bookkeeping and reporting for our clients. This role prepares all net asset values for funds reviews cash settlements and investor activity and enters trade information as needed. As aleadlevel position this role willbe responsible for the following:

Review or as needed perform accounting and administrative functions including recording investment and investor transactions pricing and reconciliation of portfolios compiling trial balances and financial statements effecting investor allocations and investor reporting for alternative investment funds.

Additional responsibilities include the progressive training and oversight of fund accounting staff.
Independently review or as needed perform general ledger accounting functions ensuring compliance with all accounting policies and procedures and in accordance with applicable rules and regulations such as SECIRSand GAAP.
Develop and maintain a strong relationship with the clients and other professional firms (such as audit/tax) with whom the clients conduct business.
Demonstrate ability to onboard a client or new fund(s) for an existing client
Review preliminary and final trial balances and net asset value (NAV) for funds completed by Fund Accountants.

Monitor and review cash settlements investor activity interest dividend payments and other cash items to ensure that outstanding issues are being addressed and elevated to the appropriate level.
Maintain and/or review monthly audit and expense analysis schedules to support year end audits and financial statement preparation.
Identify investigate and propose solutions for daily accounting and pricing issues.
Review and distribute the financial statements investor reports and other client reports.
Calculate and present for review to the Client the final financialpackageand the net asset value of the fund.

Review or as needed prepare the quarterly regulatory filings such as N Q N CSR etc. where applicable.

Working in the Fund Accounting group at UMB can be fun challenging and very team oriented. We perform at a high level for our clientsand believe that relationships both internally and externally are key to UMBs success. There are deadlines we rally around as a team and we rely on our shared expertise to accomplish our goals. We enjoy being part of a work familyand many of our associates get together for intermural sports and various community service projects throughout the year.

Were excited to talk with you if:

You have abachelors degree in accountingorfinanceor equivalent experience
You haveat least6yearsof Fund Accounting experience

Compensation Range:

$69230.00 - $149000.00

The posted compensation range on this listing represents UMBs standard for this role but the actual compensation may vary by geographic location experience level and other job-related addition this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

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.

Are you ready to be part of something more
Youre more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their work one another and their community. Expect more than the status quo. At UMB you can expect more heart. Youll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing no matter what. And expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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 to let us know the nature of your request.

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.

Are you ready to be part of something moreYoure more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their workone anotherand their community. Expect more than the status quo. At UMB you can expectmore heart. Youll be valued for...

Are you ready to be part of something more

Review or as needed perform accounting and administrative functions including recording investment and investor transactions pricing and reconciliation of portfolios compiling trial balances and financial statements effecting investor allocations and investor reporting for alternative investment funds.

Additional responsibilities include the progressive training and oversight of fund accounting staff.
Independently review or as needed perform general ledger accounting functions ensuring compliance with all accounting policies and procedures and in accordance with applicable rules and regulations such as SECIRSand GAAP.
Develop and maintain a strong relationship with the clients and other professional firms (such as audit/tax) with whom the clients conduct business.
Demonstrate ability to onboard a client or new fund(s) for an existing client
Review preliminary and final trial balances and net asset value (NAV) for funds completed by Fund Accountants.

Monitor and review cash settlements investor activity interest dividend payments and other cash items to ensure that outstanding issues are being addressed and elevated to the appropriate level.
Maintain and/or review monthly audit and expense analysis schedules to support year end audits and financial statement preparation.
Identify investigate and propose solutions for daily accounting and pricing issues.
Review and distribute the financial statements investor reports and other client reports.
Calculate and present for review to the Client the final financialpackageand the net asset value of the fund.