CIB-Fund Accounting Analyst Job Description
Cib-fund accounting analyst
provides fund accounting and outsourced CFO (Chief Financial Officer) services to clients, including conducting financial reporting and tax accounting per GAAP and GAAS for investment funds, investment companies, endowments, families and registered investment advisors.
CIB-Fund Accounting Analyst Duties & Responsibilities
To write an effective cib-fund accounting analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included cib-fund accounting analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensuring effective work allocation to end of maximising both the efficiency and the quality of the team delivery
Lead and drive the delivery of key core accounting initiatives in the MBOR (Multiple Book of Record) space
Lead and drive the delivery of key core accounting projects in InvestOne
Constant and regular review for direct reports
Work with Technology, Operations and other Stakeholders to determine process improvements opportunities, Requirement Elicitation and Management
On-going ownership for specific clients all year-end to ensure minimal issues arise on a daily basis
Set up, facilitate, and/or participate in meetings with stakeholders and working groups
Effective management of client relationships, with the express aim of ensuring an ongoing high level of client service
Taking a lead role in projects related to the implementation of enhanced processes and/or analysis
Input of approval of accounting and securities records for each fund administered, ensuring all prescribed controls have been adhered to
CIB-Fund Accounting Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for CIB-Fund Accounting Analyst
Typically a job would require a certain level of education.
Employers hiring for the cib-fund accounting analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's Degree in Accounting, Finance, Economics, MBA, Business, Graduate, Mathematics, Statistics, Computer Sciences, Technical
Skills for CIB-Fund Accounting Analyst
Desired skills for cib-fund accounting analyst include:
Account reconciliation processes
Industry developments and trends
Processes of a fund’s Custodian Bank and Investment Manager
Complex investment and securities processing
Hedge fund products
Our client base and build relationships with Investment Managers and other related third parties
Share classes
Financial instruments and their accounting treatment
Accounting principles
Financial and regulatory reporting requirements
Desired experience for cib-fund accounting analyst includes:
Track all progress and project deliverables utilizing appropriate tools
3-5 years of direct Bank Debt / Leveraged Loan operations experience
Knowledge of Advent Geneva is required
Knowledge of vehicles related to Bank Debt (CLOs, private equity funds, etc) is a plus
Own the Operational static data readiness status for Fund Accounting incremental and new business fund launches, share class launches
Be a primary point of contact for a significant JPM Client or multiple key Clients within Fund Accounting
CIB-Fund Accounting Analyst Examples
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CIB-Fund Accounting Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a cib-fund accounting analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cib-fund accounting analyst
- Work with our Operations Service Delivery colleagues in Europe to build out and continuously develop the Operation Service Delivery model for our Clients
- Be a primary communication source for escalation of all issues, service updates, and progress updates for the Client
- Maintaining an excellent and interactive relationship with internal partners including Client Services, Custody and Transfer Agency
- Manage directly and indirectly a team of professionals that work within the Fund Accounting team
- Supporting the Fund Accounting Teams in Offshore locations to deliver a quality product through efficient issue resolution and proactive client engagement
- Inquisitive by nature and technically competent across all aspects of Fund Accounting and Operations
- Production and Review LP / investors’ capital calls, distributions, investor financial reports and capital statements
- Strong appreciation and execution of internal controls, checklists and procedures and interaction with internal audit
- Fund Accounting and Unit Pricing validation
- Maintain high standard of Client deliverable and query resolution outputs through continual review and training
Qualifications for cib-fund accounting analyst
- CPA [either obtained or in process] MBA or MS in Taxation is a plus
- Work with operations stakeholders to understand controls QA testing automation requirements & translate the same in solution design needed on system to deliver business benefits
- Better audit preparedness
- CIB and/or Business Analyst experience preferred
- Overall responsibility for ensuring that all deliverables are met - reporting on a daily, weekly and monthly basis
- Overall responsibility for compliance with documentation requirements and implementation of procedures (including file preparation, archiving, client specific checklist, permanent files and Standard Operating Procedures (SOPs)) ensuring that all team members are familiar with these)
2
CIB-Fund Accounting Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a cib-fund accounting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cib-fund accounting analyst
- Identifying and leading change with system development and process improvements
- Conduct analysis of query trends, root cause analysis and deep dives to improve client experience and remove operational roadblocks across the whole product suite
- Liaising with upstream and downstream teams in regard to setting SLAs, resolving issues, and assist with training/ coaching and provide support to ensure that upstream processing/ operations teams provide a quality service
- Escalating any production, client or staff related issue, concern or query promptly to the Senior Manager and to demonstrate risk awareness at all times
- Understand and analyze fund agreements in order to determine impact on financial reporting and partner accounting requirements
- Ensure timely creation and delivery of Agent Scorecard
- Contributing to market and agent specific projects as required (eg, ad hoc projects)
- Producing and analyzing performance MIS, including reviewing regional specific MIS to identify trends and possible areas for improvement
- Keep abreast of industry developments and provide input and coordination when required
- Training / support for Agents and internal operations via Telepresence / telephone Producing and distributing of monthly project updates to communicate achievements and ongoing activities
Qualifications for cib-fund accounting analyst
- Knowledge of Cash and Securities products (custody and clearance) products preferred
- Technical mindset
- Partner with IAS team , Regional Legal and Compliance and ensure all queries raised are resolved on timely basis
- Develop and implement efficient and standardized workflows within his team various points of hand offs
- Over 7+ years of mutual funds industry experience with a minimum of three years in fund accounting
- Good interpersonal skills & eye for details is must
3
CIB-Fund Accounting Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a cib-fund accounting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cib-fund accounting analyst
- Validate high value transactions per stratification grids on a daily basis
- Attend and drive internal onshore partner meetings, usually via conference call, to ensure needs and expectations are consistently met or exceeded
- Maintain all process documents
- Update KPI and KRI’s on a daily basis
- Review of primary financial statements in accordance with accounting and regulatory disclosure requirements within agreed deadlines
- Review of regulatory and other reports as required
- Review of Financial Statements and related accounting/portfolio information
- Able to resolve the team queries
- Liaise with partner sites for deliveries
- To ensure all the Risk and Control checks are in place
Qualifications for cib-fund accounting analyst
- Review and understand business requirements, then determine feasibility of development in Xceptor
- Undertake scripting and development of requirements in coordination with the business in Xceptor, in accordance with lifecycle methodology and risk and control guidelines
- Ongoing coordination and communication with the business and appropriate technology teams, to ensure on-time completion of project as per requirements
- Perform root-cause analysis and provide technical trouble-shooting on current and existing Xceptor builds
- Advanced level understanding of MS Excel and VBA
- Xceptor knowledge and experience preferred
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CIB-Fund Accounting Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of cib-fund accounting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cib-fund accounting analyst
- To work with local and global management team as and when required
- Detailed review of primary financial statements (annual and interim) & all related notes in accordance with accounting and regulatory disclosure requirements (IFRS, US GAAP in particular) within agreed client deadlines & SLA’s
- Audit and resource planning with internal parties and for financial reporting teams
- Analytical review of year on year movements within financial statements and related notes
- Consistency review and management across financial statements for large clients throughout the year and relevant audit and interim cycles
- Identify and correct misstatements within the accounting records in line with GAAP required disclosures, ability to identify and escalate potential audit findings and adjustments within the primary financial statements
- Able to resolve the team queries & act as a reference point for junior team members on technical, accounting and audit related matters
- Liaise with partner sites for external deliveries and communicate status effectively and in a timely manner
- To ensure all the risk and control checks are in place and team adhere and follow all required checklists and SOPS, ensure they are up to date post audit cycles
- To manage team‘s Objective setting, Performance review and providing ongoing feedback for direct reports and wider teams
Qualifications for cib-fund accounting analyst
- Good understanding of fund administration and valuation function and good understanding of the organisation
- Result and target oriented, self motivated
- Be a point of contact for a single or multiple JPM client/s within the segment
- Support Mgt with appropriate escalation of all issues, service updates, and progress updates for the client
- Comfortable with change, ambiguity, debate
- You will have experience in managing people, completion of performance reviews and setting objectives
5
CIB-Fund Accounting Analyst Job Description
Job Description Example
Our growing company is looking for a cib-fund accounting analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for cib-fund accounting analyst
- Ensure that all controls and procedures outlined in the procedures manual and general company policies are complied with
- Identify operational issues and escalate to Manager on a timely basis
- Identify and work towards opportunities to improve client behaviour and effectiveness and efficiency of operational processes
- Engaging with a diverse range of stakeholders across Product, Operations, Client Service and Technology to manage and execute a diverse books of strategic projects
- Developing a strong understanding of the fund accounting processes and responsibilities of all those involved in the business workflow
- Liaise with technology partners to ensure implementation is consistent with business requirements by leading UAT planning, test case documentation and defect tracking
- Elicitation and documentation of current state and future state models, data definition, data matrices, use case development, and business requirements
- Consulting with teams to establish metrics & implement effective systematic/repeatable MIS reporting processes
- Oversee the accurate and timely production of the Fund's daily and monthly accounting activities and net asset value calculation of the funds for various Review all financial statements prior to production and ensure that timely and accurate sign offs are in place from various constituents of the valuation process
- Processing of authorised client instructions for Alts investments
Qualifications for cib-fund accounting analyst
- You will be able to demonstrate strong management skills and ability to build key internal relationships across locations
- You will have excellent knowledge and understanding of all primary GAAPS – Irish/UK, IFRS, US GAAP
- You will posses the ability to work under pressure and to tight deadlines and juggle multiple client and audit deliverables at peak delivery times
- Strong team Player who can work with a team of diversified backgrounds
- Willingness to work in shifts (weekends, only if required)
- Be a primary point of contact for a single JPM client within the segment