Our client, a leading financial institution, is seeking a Fund Accountant to join their accounting and fund administration team. The successful candidate will be responsible for daily fund valuation, reporting, reconciliations, and ensuring accurate financial records for investment portfolios. This is an excellent opportunity to contribute to one of Canada’s top financial organizations, working within a dynamic environment that values accuracy, compliance, and collaboration.
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Advantages
•Work with a globally recognized financial institution.
•Gain hands-on experience with fund accounting systems such as MPOWER.
•Exposure to complex investment portfolios and industry-leading financial reporting processes.
•Opportunity to collaborate with investment managers, prime brokers, and custodians.
•Supportive work environment focused on professional growth and development.
Responsibilities
•Calculate daily, weekly, and monthly Net Asset Value (NAV) for assigned funds.
•Prepare monthly cash flow and investment activity reports, as well as year-end balance summaries for various asset classes including bonds, equities, and cash.
•Review and reconcile bank statements and cash flows; record bond amortization, interest accruals, and investment expenses.
•Ensure compliance with investment guidelines and statutory regulations.
•Liaise with investment managers, custodians, and prime brokers to facilitate accurate transaction processing and NAV preparation.
•Maintain and update the Fund Accounting System (MPOWER), verifying automated entries and posting manual adjustments as needed.
•Analyze investment acquisitions for alignment with strategic and regulatory requirements.
•Implement fund investment policies and assist in identifying potential target investors.
Qualifications
Must-Have:
•Bachelor’s degree in Accounting, Business, or Finance.
•2–4 years of mutual fund accounting experience or related knowledge.
•Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
•Strong understanding of investment guidelines, fund accounting principles, and regulatory compliance.
•Excellent written and verbal communication skills.
Nice-to-Have:
•Experience in the financial services industry.
•Completion of the Canadian Securities Course (CSC).
•Familiarity with Client’s Dexia financial systems or similar platforms.
Summary
This is a 12-month contract opportunity for an experienced Fund Accountant to support accounting operations at Client’s Toronto office. The ideal candidate brings a keen eye for detail, a solid grasp of fund accounting processes, and the ability to work independently in a fast-paced environment. You will play a key role in maintaining financial accuracy and compliance while supporting investment operations for one of Canada’s premier financial institutions.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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Our client, a leading financial institution, is seeking a Fund Accountant to join their accounting and fund administration team. The successful candidate will be responsible for daily fund valuation, reporting, reconciliations, and ensuring accurate financial records for investment portfolios. This is an excellent opportunity to contribute to one of Canada’s top financial organizations, working within a dynamic environment that values accuracy, compliance, and collaboration.
Advantages
•Work with a globally recognized financial institution.
•Gain hands-on experience with fund accounting systems such as MPOWER.
•Exposure to complex investment portfolios and industry-leading financial reporting processes.
•Opportunity to collaborate with investment managers, prime brokers, and custodians.
•Supportive work environment focused on professional growth and development.
Responsibilities
•Calculate daily, weekly, and monthly Net Asset Value (NAV) for assigned funds.
•Prepare monthly cash flow and investment activity reports, as well as year-end balance summaries for various asset classes including bonds, equities, and cash.
...
•Review and reconcile bank statements and cash flows; record bond amortization, interest accruals, and investment expenses.
•Ensure compliance with investment guidelines and statutory regulations.
•Liaise with investment managers, custodians, and prime brokers to facilitate accurate transaction processing and NAV preparation.
•Maintain and update the Fund Accounting System (MPOWER), verifying automated entries and posting manual adjustments as needed.
•Analyze investment acquisitions for alignment with strategic and regulatory requirements.
•Implement fund investment policies and assist in identifying potential target investors.
Qualifications
Must-Have:
•Bachelor’s degree in Accounting, Business, or Finance.
•2–4 years of mutual fund accounting experience or related knowledge.
•Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
•Strong understanding of investment guidelines, fund accounting principles, and regulatory compliance.
•Excellent written and verbal communication skills.
Nice-to-Have:
•Experience in the financial services industry.
•Completion of the Canadian Securities Course (CSC).
•Familiarity with Client’s Dexia financial systems or similar platforms.
Summary
This is a 12-month contract opportunity for an experienced Fund Accountant to support accounting operations at Client’s Toronto office. The ideal candidate brings a keen eye for detail, a solid grasp of fund accounting processes, and the ability to work independently in a fast-paced environment. You will play a key role in maintaining financial accuracy and compliance while supporting investment operations for one of Canada’s premier financial institutions.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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