Fund Accounting

Job Description

Job Title: Fund AccountantLocation : SydneySalary/Rate : 450-500 per dayStart Date : 17/03/2025Job Type : ContractWe are seeking a Fund Accountant to join our team in Sydney. This role is responsible for the accurate and timely preparation of financial statements, NAV calculations, reconciliations, and regulatory reporting for investment funds, including unit trusts, managed investment schemes, and superannuation funds. The successful candidate will have strong analytical skills, an understanding of Australian fund structures and regulations, and experience working with fund accounting software.Job Responsibilities/Objectives Fund Accounting & Financial Reporting: Prepare and review daily, weekly, and monthly Net Asset Value (NAV) calculations. Ensure accurate valuation of investment portfolios, including equities, fixed income, derivatives, and alternative assets. Assist in the preparation of annual financial statements and supporting workpapers for audits. Maintain general ledger accounts and ensure accurate recording of transactions. Conduct unit pricing reviews and performance reporting for managed funds. Reconciliations & Cash Management: Perform bank, custody, and investment reconciliations to ensure data accuracy. Investigate and resolve any discrepancies in portfolio holdings and cash balances. Monitor and process income distributions, corporate actions, and expenses related to funds. Regulatory & Compliance Reporting: Ensure compliance with APRA, ASIC, ATO, and other relevant regulatory bodies. Assist in the preparation of BAS, tax returns, and distribution calculations for investment funds. Support compliance audits and regulatory reporting to meet financial and risk management obligations. Stakeholder Engagement: Work closely with investment managers, custodians, administrators, and auditors to ensure seamless fund operations. Respond to client queries regarding fund performance, valuations, and reporting. Process Improvement & Technology: Assist in the enhancement of fund accounting processes, automation, and technology adoption. Identify and implement efficiency improvements in reporting and reconciliation workflows. Key Skills & Qualifications: Education & Certifications: Bachelor's degree in Accounting, Finance, Commerce, or a related field. CA, CPA, or CFA certification (or working towards it) is highly desirable. Experience: Experience in fund accounting, investment operations, or financial reporting. Strong knowledge of Australian investment funds, unit trusts, managed investment schemes, and superannuation funds. Experience with fund accounting software such as HiPortfolio, XPLAN, or Geneva is a plus. Understanding of Australian taxation rules, APRA and ASIC regulations for investment funds. Technical Skills: Strong Excel skills (including macros, pivot tables, and data analysis). Experience with investment and accounting systems for fund reporting. Ability to interpret and apply Australian Accounting Standards (AASB) and IFRS to fund reporting. Personal Skills: High attention to detail and strong analytical skills. Excellent communication and stakeholder management abilities. Ability to work under pressure and meet strict regulatory deadlines. If you are interested in this opportunity, please apply now with your updated CV in Microsoft Word/PDF format. #J-18808-Ljbffr