The main job of a senior fund account is to work with financial documents and work closely with the auditors of the company to make sure that the data is correct. As a senior fund account, one is required to perform the following duties on a day-to-day basis: NAV reconciliation, debt compliance reporting, reviewing and preparing financial statements, reporting funds, preparing cash flow projections, preparing quarterly tax estimates and schedules, working with auditors, providing services to the internal departments, and working on both internal and eternal financial reports for the company.
As a senior fund accountant, one usually works for a bank or financial institution. One works from 9 to 5 and sits at a desk in front of a computer for most of the day. There are a lot of meetings involved with this type of job, but all of them are usually done inhouse.
To be considered a senior fund accountant, one must meet the following requirements: one must have a bachelor's in business, one must have some related work experience, one must have at least 3 to 5 years of knowledge in the field and experience with financial reporting, one must have the ability to solve internal problem, and one must have an understanding of mutual fund accounting. Some skills that are needed for this job are being detail-oriented, having strong written and verbal communication skills, knowing how to use a computer, and knowing important financial terms in order to write and alter current and future financial reports.
Senior Fund Accountant Tasks
Prepare and maintain investment books, creating regular reports.
Review, edit, and correct reports and analyses.
Collaborate with auditors.
Estimate profits and losses, reconcile cash, and calculate payments.