One of our clients, an investment management company located in Boston, is looking for a Fund Administrator to join their team on a contract basis. The Fund Administrator will be responsible for supporting the team by assisting on Fund Treasury initiatives, working with the management team, and performs dividend, expense, product, and securities lending related work. The Fund Administrator role is perfect for someone who is detail oriented, driven, and autonomous. If you are interested, please send us your resume now!
•Review daily money market yields, SEC Yields, and fixed income and amortization spreadsheets for accuracy and reasonability.
•Keep track of As-of Capstock activity on a daily basis, and communicate any necessary changes.
•Prepare and communicate dividend distribution rates.
•Monitor expense caps, fund expense ratios, expense budgets, etc.
•Provide support and review of regulatory reporting requirements.
•Instruct and coordinate payment instructions to external vendors.
•Assist in the preparation of product initiative documentation surrounding fund and share class merger.
•Perform other financial and accounting tasks as needed.
•1+ years of experience in fund accounting, or administrative areas of auditing firm, or custodian bank.
•Bachelor’s Degree or equivalent. (Preferably Business or Accounting)
•Experience working in a fast paced environment.
•Knowledge of the generally accepted accounting principles, the Internal Revenue Code section on mutual funds.