Fund Accounting Specialist for Investment Banking
5 days ago
About QUANTEAM - North America (RAINBOW PARTNERS Group):
As a leading consulting firm specializing in Banking, Finance, and Financial Services, we at Quanteam collaborate across 10 international offices to deliver expert solutions to our clients. With a team of 1,000 consultants representing 35 nationalities, we provide comprehensive support to businesses worldwide.
We are seeking a highly skilled Fund Accounting Specialist to join our team in Montreal, working with one of our esteemed clients, an Investment Bank based in the same city.
Job Overview:
The successful candidate will be responsible for providing critical support to the fund accounting software, ensuring seamless operations and compliance with various accounting standards. As the first point of contact between Global business users and the software vendor, this role requires excellent analytical and communication skills to analyze and resolve accounting issues efficiently.
Main Responsibilities:
- Monitor and Support Day-to-Day Activities: Ensure timely delivery of NAV and market reports, maintaining a high level of accuracy and efficiency.
- Analyze and Resolve Issues: Analyze accounting-related issues, providing prompt and effective solutions to prevent delays and minimize losses.
- Lead Analysis and Vendor Coordination: Collaborate with the software vendor to analyze figures at an accounting level, raise requests for patch corrections, and ensure timely follow-up until resolution.
- Support Multiple Projects: Assist with accounting migrations, corporate action events (mergers, split/spinoff), parallel test runs, and participate in testing new functionalities in the accounting software.
- Continuous Improvement: Participate in post-integration reviews to identify areas for continuous improvement and enhance the overall performance of the accounting software.
Required Qualifications and Skills:
To succeed in this role, you must have:
- Bachelor's degree in Finance, Accounting, Economics, or related fields.
- A minimum of 4 years of experience in the financial sector, preferably in investment accounting.
- In-depth knowledge of fund accounting principles, including the NAV cycle and financial instruments.
- Experience working with investment accounting systems, such as Multifonds, SimpCorp Dimension, and Geneva.
Language Requirements:
We require proficiency in English, with French being a strong asset.
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