Posted: Friday, March 3, 2017 12:31 PM
What is the opportunity?
In this 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.
You will maintain strong working knowledge of the various accounting policies for different fund types, while enhancing productivity by implementing operation efficiencies, and building effective relationships with other departments.
What will you do?
Operational Duties and Service Delivery
:Prepare the Net Asset Value (NAV) for funds
:Ensure all required data for producing the NAV are available and quality ensured (corporate action, pricing)
:Reconcile unit holder capitalstock, cash and security holdings and investigate and clear all outstanding issues in a timely manner
:Analyze and reconcile the general ledger to sub:ledger and resolve outstanding issues in a timely manner
:Calculate Performance fees (if applicable) and investigate, document and escalate issues/events
:Minimize errors by ensuring established standards, policies and procedures are adhered to
:Prepare the calculation of year:end distributions of income, capital gains and related tax issues
:Deliver quality customer service through timely and accurate report delivery
:Participate in maintaining up to date client Desk Operating Procedures
:Maintain client on site reports in an organized manner and ensure all daily valuations reports are accounted for
What do you need to succeed?
:Post:secondary degree in related field (i.e. Accounting)
:Securities industry knowledge
:Investment accounting experience : working knowledge of GAAP/IFRS
:Strong computer skills, and specifically forMicrosoft Excel, and Word
:Ability to meet tight deadlines and strong analytical skills
:Knowledge of MPower an asset
:Good technical knowledge on calculating Net Asset Value, preparing financial statements
:Good knowledge of accounting standards
:Accounting designation(s) are recommended (i.e. CGA, CMA, CA etc)
:Other industry related courses or accreditations are also recommended: Canadian Securities course (CSC) or mutual funds course (IFIC)
Must be flexible to work between the hours of 8am to 8pm
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.
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 for our clients and in our communities, and achieving mutual success.
:Excellent exposureto communicate with various business partners and stakeholders in Investor and Treasury Services and within other platforms as appropriate
:Opportunity to obtain hands:on experience throughout your role
:Working with an exciting, close:knit, supportive and 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
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 employ approximately 78,000 full: and part:time employees who serve more than 16 million personal,
• Location: Toronto, toronto or mississauga
• Post ID: 61442307 toronto