Job Description
Immediate need for Fund Accountant
Contract to Hire Role
Businesses include:
Transaction Processing, Confirmation, Settlement and Clearing, Collateral Management, Client Service, Invoicing and CASS Support Typical daily activity includes settling in excess of $217B via FX trading, leading a Markets OTC portfolio of 2.5M trades, servicing >200 3rd party clients, performing 10,000 margin calls, processing 470k cleared and intermediated trades and producing >9,000 invoices Third Party Derivatives Processing (3PDP) supports four main OTC derivatives services: NAV Support instruction capture and processing client provided valuations / cash flows; reconciliation to the fund manager Independent Valuations instruction capture, generate in-house/ source TPV valuations and cash flows; reconcile to the fund manager/ counterparties; standard reporting Middle Office same service as Independent Valuations plus confirmation/ settlement management Asset Verification As a utility to T&F, produce Independent Asset Verification of OTC/FFX & CFD trades
Job Description
To provide support for Derivatives traded by institutional clients, asset managers, hedge funds and insurance companies who have outsourced part or all of their operations to client's. Client scope includes all existing relationships globally. In addition the Utility supports other groups within the business in respect of derivative activity.
Summary of Responsibilities
Responsible for the daily management of a client's trading activity including reviewing reconciliation breaks on Position, Market price, Income, Cash, Financing and Valuation Dealing with all client and broker queries related to daily trade activity. Responsible for any OTC related investigation, amendments and delivery sign-off to Fund Accounting and Client Responsible for the derivative services OTC Reconciliation process for clients delivered from the Boston location. To accurately and efficiently reconcile against all core controls for all relevant OTC deliveries
Skills and Qualifications
Bachelor degree or equivalent work experience (2-3 yrs). Strong technical skills including accounting principles and theories Knowledge of 40 ACTs Fund Accounting, Financial Reporting and Tax Operations Ability to be effective in a global operating environment and a matrix management organizations Ability to build and maintain effective working relationships with clients and counterparties Quick learner both technical knowledge and systems Results orientated; ability to create and sustain a target driven environment Self-motivated with a flexible approach to working hours
ManpowerGroup is an Equal Opportunity Employer (EOE/AA)
Company Description
Experis is the global leader in professional resourcing and project-based solutions. Experis accelerates organizations' growth by attracting, assessing and placing specialized expertise in IT, Finance and Engineering to deliver in-demand talent for mission-critical positions and projects, enhancing the competitiveness of the organizations and people we serve. Experis is part of the ManpowerGroup® family of companies, which also includes Manpower and Talent Solutions.