Fund Accountant III-Alt Inv
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Job Location:
Monthly Salary:
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
As the Fund Accountant III- Alternative Investments you will support UMB by handling all accounting bookkeeping and reporting for our clients. You will have the opportunity to grow professionally learning more complex tasks increasing client contact and ultimately training and reviewing peers work.
How you will spend your time:
- Perform general ledger accounting functions ensuring compliance with all accounting policies and procedures and in accordance with applicable rules and regulations such as SEC IRS and GAAP.
- Develop and maintain a strong relationship with the clients and other professional firms (such as auditors) with whom the clients conduct business.
- Prepare preliminary and final trial balances and net asset value for funds and provide for review.
- 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.
- Enter trade information as needed to reflect current positions in each funds portfolio.
- Maintain monthly audit and expense analysis schedules to support yearend audits and financial statement preparation.
- Price securities as required in accordance with the funds Offering Memorandum (OM).
- Identify investigate and report pricing issues to Senior Fund Accountant Lead Fund Accountant and/or Manager.
- Reconcile accounts and resolve all exceptions on a daily weekly and monthly basis. Report information to clients brokers and accounting systems.
- Prepare expense accrual analysis
- Prepare financial reports to ensure that the income has been allocated correctly in accordance with the funds documents.
- Prepare financial reports ensuring that the management and incentive fees have been calculated and allocated correctly in accordance with the funds documents.
- Prepare and distribute the financial statements investor reports and other client reports. Schedules to include the balance sheet income statement statement of cash flows financial highlights and accompanying notes.
- Calculate and present for final review to the Senior Fund Accountant Lead Fund Accountant and/or Manager the monthly financial package and net asset value of the fund.
- Prepare the quarterly regulatory filings such as N-Q N-CSR etc. where applicable
- Utilize general working knowledge of alternative investment funds.
- Other duties as assigned.
Were excited to talk with you if:
- Bachelors Degree in one of the following Accounting Finance Investment Banking Economics or International Business
- You have 4 years of Fund Accounting experience or relevant work experience
- You are an organized individual who works well as part of a team and thrives in a deadline driven environment
Compensation Range:
$51480.00 - $99330.00The 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.
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Key Skills
- Accounting Software
- Portfolio Management
- Financial Services
- GAAP
- Accounting
- Regulatory Reporting
- Analysis Skills
- Securities Law
- Microsoft Excel
- Private equity
- Financial Accounting
- Bloomberg
