Fund Accountant

Get AI-powered advice on this job and more exclusive features. 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? Ensure all required data for producing the NAV are available and quality ensured (corporate action, pricing) and prepare the Net Asset Value (NAV) for funds Reconcile unit holder capital stock, cash and security holdings and investigate and clear all outstanding issues in a timely manner Analyze & 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 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 Maintain client on‑site reports in an organized manner and ensure all daily valuations reports are accounted for What do you need to succeed? Must‑have Post‑secondary degree in a related field (i.e. Accounting) Securities industry knowledge Investment accounting experience – working knowledge of GAAP/IFRS Strong computer skills, and specifically for Microsoft Excel, and Word Ability to work in a fast‑paced environment and meet tight deadlines Ability to process and apply new skills and concepts quickly Analytical skills with strong attention to detail Flexibility to work between the hours of 9 a.m. to 8 p.m. Nice to have Good technical knowledge on calculating Net Asset Value, preparing financial statements Good knowledge of accounting standards and MPOWER Accounting designation(s) are recommended Other industry related courses or accreditations are also recommended: Canadian Securities course (CSC) or mutual funds course (IFIC) What’s in it for you? Excellent exposure to communicate with various business partners and stakeholders in Investor 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 Job Skills Accounting, Auditing, Detail‑Oriented, Expense Management, Finance, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP) Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W: TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: WEALTH MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-29 Application Deadline: 2025-11-12 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging, and opportunity for all. #J-18808-Ljbffr