{"id":1263,"date":"2021-03-23T11:15:56","date_gmt":"2021-03-23T05:45:56","guid":{"rendered":"https:\/\/www.smartsampleresume.com\/?p=1263"},"modified":"2021-09-05T17:34:20","modified_gmt":"2021-09-05T12:04:20","slug":"fund-accountant-job-description","status":"publish","type":"post","link":"https:\/\/www.smartsampleresume.com\/job-descriptions\/fund-accountant-job-description\/","title":{"rendered":"Fund Accountant Job Description"},"content":{"rendered":"\n<h2><strong>Introduction: <\/strong><\/h2>\n\n\n\n<p>Fund accountant is responsible for\ncreating financial reports, control transaction, and find out interests. They\nusually work as a liaison between clients and their employers. A fund account\njob responsibilities include preparing reports by showcasing net asset value\nand distributions, reconciling various accounts with data and correcting any\nvariances, scheduling audit and compliances report, identifying irregularities\nwith accounting records, or fund activities. The candidate needs to have a completed\ndegree in finance and accounting and they need to be a CPA. <\/p>\n\n\n\n<h2><strong>Fund Accountant Job Titles:<\/strong><\/h2>\n\n\n\n<ul><li>General Accountant<\/li><li>General Accountant (Part-Time)<\/li><li>Account Manager<\/li><li>Accounting Clerk<\/li><li>Accounting Assistant<\/li><\/ul>\n\n\n\n<h2><strong>Fund Accountant Job Summary:<\/strong><\/h2>\n\n\n\n<p>We are looking to hire a successful\ncandidate who has a master&#8217;s degree in finance, accounting, or related field.\nNew graduates with experience can apply for the entry-level role. They should\nstay up to date with current trends and must possess expert knowledge working\nwith spreadsheets. Some of the experience required in this role includes\nknowledge of word processing software, managing company finance, and handling\nbudget based on income and expenditure account. Work experience with general\nledger function is required and must be an expert conducting internal and\nexternal auditing. As a fund accountant, the candidate is responsible for the\naccounting services provided by the organization. He will be responsible for\npreparing hedge fund valuations, including security valuation, fee computation\nand accruals, income allocation, and statement to investors. Additionally, the\nindividual will be involved in preparing the annual audit reports. <\/p>\n\n\n\n<h2><strong>Fund Accountant Responsibilities and\nDuties:<\/strong><\/h2>\n\n\n\n<ul><li>Remain up to date with accounting principles and procedures<\/li><li>Conduct daily accounting duties of assigned fund<\/li><li>Perform fund analysis month-end reconciliation, account closing and reporting for critical decision-making purposes<\/li><li>Support accounting system to record all fund  transactions<\/li><li>Recognize fund request and manage fund distribution<\/li><li>Manage cash flow and expenses<\/li><li>Respond to audit inquiries and prepare a financial statement for auditing<\/li><li>Answer to accounting inquiries promptly<\/li><li>Work in compliances with company policies and  procedures<\/li><li>Advance process improvements to boost financial performance<\/li><li>Valuating securities and reconciling balances with prime brokers<\/li><li>Calculate fund expenses including management and performance fees<\/li><li>Calculating NAV for each fund and preparing balance sheet, accounting report and income statement<\/li><li>Preparing year-end financial statement and liaising with auditors<\/li><li>Maintaining fund books and records and ensuring correct application of GAAP<\/li><li>Process sharing or partnership related accounting is related to offering memorandum<\/li><\/ul>\n\n\n\n<h2><strong>Fund Accountant Skills and\nQualification:<\/strong><\/h2>\n\n\n\n<ul><li>Bachelor degree in accounting with experience in accounting software and data entry<\/li><li>Must possess a minimum of 2 years of experience <\/li><li>Extensive knowledge about the spreadsheet and mechanics of the financial instrument<\/li><li>Punctual, reliable and must have strong communication skill<\/li><li>Fund accounting experience<\/li><li>Knowledge about MS office, excel, and Adobe Acrobat<\/li><li>Able to work in a team and produce quality output under tight deadlines<\/li><li>Strong verbal and oral communication skills<\/li><li>CPA is required with experience handling accounting firm<\/li><li>Self-motivated and strong analytical skills<\/li><li>Attention to detail, prioritization skill and time management<\/li><li>Quick learner with a positive attitude<\/li><li>He must be able to work efficiently under pressure while meeting the deadline<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Fund Accountant Job Titles:<\/strong><\/td><td><strong>Other Accountant Related Job Titles:<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.smartsampleresume.com\/job-descriptions\/funding-analyst-job-description\/\">Funding Analyst Job description<\/a><\/td><td><a href=\"https:\/\/www.smartsampleresume.com\/resume\/examples\/accounting\/financial-accountant-resume\/\">Financial Accountant Resume<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.smartsampleresume.com\/job-descriptions\/fund-accountant-job-description\/\">Fund Accountant Job Description<\/a><\/td><td><a href=\"https:\/\/www.smartsampleresume.com\/job-descriptions\/revenue-accountant-job-description\/\">Revenue Accountant Job Description<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Introduction: Fund accountant is responsible for creating financial reports, control transaction, and find out interests. They usually work as a liaison between clients and their employers. A fund account job responsibilities include preparing reports by showcasing net asset value and distributions, reconciling various accounts with data and correcting any variances, scheduling audit and compliances report, &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Fund Accountant Job Description\" class=\"read-more button\" href=\"https:\/\/www.smartsampleresume.com\/job-descriptions\/fund-accountant-job-description\/#more-1263\" aria-label=\"More on Fund Accountant Job Description\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[45],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/posts\/1263"}],"collection":[{"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/comments?post=1263"}],"version-history":[{"count":0,"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/posts\/1263\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/media?parent=1263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/categories?post=1263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartsampleresume.com\/wp-json\/wp\/v2\/tags?post=1263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}