Associate UCITS - Fund Accounting

Waystone leads the way in specialist services for the asset management industry.Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Summary: Reporting to the Vice President - Fund Accounting, the Assistant Vice President Fund Accounting will be an integral part of the team’s success.

Essential Duties And Responsibilities

The roles consist of managing a small number of client relationships, ensuring superior client service and the delivery of accurate information in a timely fashion. The Associate - Fund Accounting will have responsibility for their clients’ portfolios from start to finish. This will include (but is not limited to) the following:

• Ensure accurate and timely calculation of daily net asset values (“NAVs”) for Investment Funds (“Funds”).
• Understand the accounting and reporting obligations indicated by incorporation documents of the Funds.
• Process trades, cash, income, and expense transactions on a daily basis.
• Complete daily portfolio and cash reconciliation, investigate, and resolve any breaks/discrepancies.
• Update and maintain accounting records in accordance with procedures, internal controls and policies.
• Serves as point-of-contact for multiple clients (internal and external) at a daily operational level
• Liaise with internal stakeholders, investment managers, brokers, depositaries, auditors & custodians daily where issues arise with regards the day-to-day running of the fund
• Monitor client mailboxes (email)
• Assist in training team members ie. onboarding colleagues as buddy or peer coaching, including maintaining a positive and professional work environment
• Contribute to process improvement on task delivery
• Complete any other additional ad hoc tasks, department projects or deliverables that may be assigned as needed or due to business demand.
  
  

Experience

• Minimum 2 years Accounting experience (ex. financial services experience is an advantage)
• Strong proficiency in the use of Microsoft Office, including Excel
• Experience in navigating general accounting systems is an advantage (ex. Invest One, Fund Recs are an advantage)
• High level of accuracy and attention to detail
• Experience in operating in a daily reconciliations’ environment is an advantage
  
  

Education

• A university degree (B.A./ B.Sc./ M.B.A.) in Business (preferably specializing in accountancy or another financial-related discipline).
• Professional certification as CPA or other international accounting certifications is an advantage