Akron Intel
Website:
akronintel.com
Job details:
Job Description: Fund Accounting - Fund Event.
What you will be responsible for:
Responsible for execution of onboarding plan and associated activities supporting accounting, custody and insurance clients.
Support Fund Event conversions and onboarding activities, including fund launches, fund closures, mergers, restructures, and other fund lifecycle events.
Manage and support Fund Events including subscriptions, redemptions, capital calls, distributions, investor onboarding/offboarding, and fund restructures.
Support Corporate Actions, dividend processing, and other event-driven activities impacting fund accounting records and reporting.
Strong understanding of Fund Lifecycle Events and their impact on fund accounting, client onboarding, and operational processes.
Assist in validating Fund Event data and reconciliations to ensure successful conversion and migration outcomes.
Identify, quantify, document, and articulate processing methodology differences; Ensure client and internal teams understand the nature of such methodology changes.
Perform analysis and reconciliation of accounting data during fund conversions, ensuring accurate migration between source systems and platforms.
Provide technical expertise to research and resolve discrepancies.
Work closely with internal stakeholders including COE and other processing teams to ensure client procedures and deadlines are met.
Partner with Fund Accounting, Custody, Client Service, and Operations teams to ensure successful execution of fund event and conversion activities.
Ensure project management is updated in a timely manner, highlighting any potential risks with possible solutions.
Take ownership of assigned fund event projects and contribute to process improvements, knowledge sharing, and operational excellence initiatives.
Support fund event related activities impacting NAV, accounting records, and operational processes.
Assist with corporate actions, dividend processing, fund mergers, and other investment servicing events during client conversions.
Communicate with clients and internal stakeholders to assess overall conversion status, identify and work collectively to ensure process follows best practices.
Proven strong communication, interpersonal, decision-making and negotiation skills.
What we value:
These skills will help you succeed in this role:
Competent to Proficient with a Bachelor’s/Master’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technology or related field preferred.
Minimum 07+ years of financial services experience required.
Experience supporting Fund Events such as fund launches, fund closures, mergers, restructures,
subscriptions, redemptions, capital calls, distributions, and other fund lifecycle events.
Understanding of Corporate Actions, Dividend Processing, Investor Onboarding/Offboarding, and their impact on Fund Accounting and operational processes.
Strong understanding of Fund Accounting, accounting data migration, reconciliation, and validation processes.
Knowledge of MCH, Geneva, eHorizon, or similar fund accounting platforms.
Knowledge of Investment Manager Servicing, Back Office Accounting, Custody Operations, Asset
Servicing, and Reconciliations.
Previous experience in a client service, fund accounting, fund administration, or fund events role
preferred.
Experience with offshore products, ETFs, Hedge Funds, Derivatives, and Master Feeder fund structures.
Organized with the ability to multi-task in a fast-paced environment.
Ability to manage multiple priorities, work independently, and collaborate effectively with internal and external stakeholders.
Requires a quick learner and SME who can perform tasks independently, provide training to team
members, and manage stakeholder communication.
Demonstrates strong technology, analytical, problem-solving, and communication skills.
Demonstrates an ability to be a leader within their team, as well as amongst peers.
Investment Banking certifications will have an added advantage.
Click on Apply to know more.
