Senior Fund Accountant
- Recruiter
- RBC.
- Location
- Mississauga, ON, Canada
- Salary
- Competitive salary
- Posted
- 08 Nov 2019
- Closes
- 24 Nov 2019
- Ref
- 6778060
- Job role
- Accountant
- Sector
- Accounting - Public practice
What is the opportunity?
In this dynamic role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds. To succeed in this role, you enjoy working in a fast paced environment and dealing with complex analytical issues.
What will you do?
What do you need to succeed?
Must-have
Nice-to-have
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
Get Career Alerts
Stay in-the-know about great career opportunities at RBC. Sign up for Career Alerts and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers .
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
In this dynamic role, you will be responsible for the production of an accurate net asset value for the entire fund range, inclusive but not limited to hedge funds, mutual funds, pooled funds and segregated funds. To succeed in this role, you enjoy working in a fast paced environment and dealing with complex analytical issues.
What will you do?
- Prepare the daily, weekly, semi-monthly, monthly Net Asset Value (NAV) for funds, meeting tight deadlines and Service Level Standards (SLS).
- Ensure all data required to produce the NAV is available and quality ensured (corporate actions, pricing)
- Prepare the calculation of year-end distributions of income, capital gains and related tax issues
- Minimize NAV discrepancies and ensure timely corrective action
- Liaise with external custodians/3rd Parties for the accurate and timely computation of the funds NAV
- Review the work prepared by Fund Accountants for consistency and accuracy and provide training to new Fund Accountants
- Provide clients with prompt responses to service issues or queries in a professional manner that consistently exceeds clients' expectations
What do you need to succeed?
Must-have
- 2-4 years of fund accounting experience, including strong technical knowledge on calculating Net Asset Value, preparing financial statements and knowledge of accounting standards
- Strong securities industry knowledge
- Post-secondary degree in related field (i.e. Accounting)
- Strong MS Office Skills: Microsoft Excel, Word
- Excellent analytical skills, accuracy and detail-oriented
- Ability to work in a fast-paced environment & under tight deadlines
Nice-to-have
- Completion of Canadian Securities Course (CSC)
- Knowledge of MPower & PControl an asset
- Willingness to become involved in projects outside the scope of fund accounting
- Strong leadership skills and experience managing people
- VBA skills
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
Get Career Alerts
Stay in-the-know about great career opportunities at RBC. Sign up for Career Alerts and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers .
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.