Mutual Fund Accountant

Company: INSPYR Solutions
Location: Milwaukee
Posted on: April 1, 2025

Job Description:

Title: Mutual Fund Accountant

Please read the following job description thoroughly to ensure you are the right fit for this role before applying.
Location: Milwaukee WI- 53202
Duration: 6+ month Contract
Compensation: $32.00- $32.50hr
Work Requirements: US Citizen, GC Holders or Authorized to Work in the US

Job Summary:
The Fund Accountant is responsible for maintaining the general ledger and financial records of mutual funds with varying complexity and ensuring accurate end-of-day net asset value (NAV) calculations. This role involves performing daily accounting tasks, reconciling accounts, processing corporate actions, analyzing portfolio pricing, and distributing financial information. The Fund Accountant collaborates with internal teams, external administrators, transfer agencies, and prime brokers/custodians to ensure compliance with SEC regulations and GAAP principles.

Key Responsibilities:
--- Maintain and update the general ledger for assigned mutual funds
--- Perform daily prime broker/bank cash reconciliations
--- Process advisor and portfolio management transactions
--- Apply corporate actions and process expense accruals and payments
--- Determine daily net asset value (NAV) and mill rate calculations
--- Conduct portfolio pricing analysis and validations
--- Ensure timely distribution of financial information internally and externally
--- Perform portfolio reconciliations and resolve discrepancies
--- Partner with internal and external stakeholders to support compliance, audits, and financial reporting
--- Ensure all fund accounting functions adhere to SEC regulations and GAAP principles

Basic Qualifications:
--- Bachelor's degree in Accounting, Finance, or equivalent work experience
--- One to two years of experience in accounting or finance-related activities

Preferred Skills & Experience:
--- Strong knowledge of accounting principles, financial reporting, and analysis
--- Ability to identify and resolve exceptions and analyze financial data
--- Proficiency in Microsoft Office applications and other financial software
--- Excellent organizational and problem-solving skills
--- Strong attention to detail and ability to work within tight deadlines
--- Effective communication and collaboration skills to interact with various stakeholders

Our benefits package includes:
--- Comprehensive medical benefits
--- Competitive pay, 401(k)
--- Retirement plan
--- ---and much more!

About INSPYR Solutions
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients' business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.

INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

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Keywords: INSPYR Solutions, Milwaukee , Mutual Fund Accountant, Accounting, Auditing , Milwaukee, Wisconsin