Job Summary
Fund Accountant - Secondment Opportunity into a new business POC
(CIB Digital) is offering new 'Fund Services' to asset management clients, supported by a fund accounting software; as well as fund accounting capability (resources). CIB Digital would like to trial the operating model through a closed / limited proof of concept, with the aim of understanding if we can run this business in a cost-effective business model.
The ideal resource would provide fund accounting expertise; while fulfilling the role of business development - identifying mandates; onboarding asset manager clients and their mandates to the solution; and providing that manager with fund services.
Fund Accountant primarily responsible for the day-to-day accounting for various investment portfolios. These portfolios may include segregated mandates, hedge funds, institutional funds, or mutual funds. Aside from the day-to-day accounting of these portfolios, a Fund Accountant is also responsible for both calculating and reporting the NAV (Net Asset Value) daily and monthly (as stipulated by the fund). This role entails the accurate end-to-end processing required to support NAV calculation, which includes price sourcing, trade support and daily cash reconciliation processes and the verification and release of NAVs.
Key roles and responsibilities
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