Senior Fund Accountant, Fund Accounting

Company Information
CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi‑currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by a culture of innovation and success. Our outstanding employee experience offers opportunities to learn, grow professionally, and support the communities in which we work.

The Senior Fund Accountant, Fund Accounting performs all necessary accounting functions on a daily basis for larger or more complex funds to arrive at a correct net asset value for assigned mutual funds and provides additional financial reporting.

• Prepares financial statements, audit, year‑end valuation packages, financial reports, fund distributions and preparation of T3 income distribution factors with varying timelines.
• Reviews and reconciles daily transactions of assigned mutual funds – analyzes daily cash flow activities, reconciles assets and cash balances, maintains a balanced cash account. Researches discrepancies; investigates special or questionable transactions, such as trade corrections and corporate actions; liaises with clients and their representatives, as well as internal staff concerning issues affecting the valuation of funds.
• Inputs all capital stock transactions and ensures capital stock is balanced. Inputs manual entries that affect a fund, such as fee payments. Accounts for all cash deposits, interest, and dividend payments.
• Performs additional audit checks to support the calculation of net asset values; analyzes the increase or decrease of the net asset value of a fund.
• Reports the daily net asset value of funds to clients, their representatives, and newspapers, according to instructions.
• Consults with senior staff to make any necessary adjustments accurately to transactions that impact the unit price.
• Provides training to Fund Accountants; assists in problem resolution; assists team members to meet deadlines.

• Community College degree with a focus on accounting or finance, or equivalent training.
• 3 years progressive experience.
• Completion of Canadian Securities Course.

The salary band for this position ranges between $52,000 - $78,000. Individual pay is determined by factors such as job‑related skills, market conditions, relevant experience, education, training and internal equity.

CIBC Mellon is committed to taking all reasonable steps to accommodate the needs of all individuals. Should you require any accommodations during the recruitment and selection process, please speak with your Recruitment Consultant.