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Fund Accountant/Analyst III- Wilmington Trust - 3DHAJ in Wilmington, DE at M&T Bank

Date Posted: 3/13/2018

Job Snapshot

Job Description

Basic Function:  Responsible for the accounting and reporting of complex domestic and international Common Trust and/or Private Client funds.  Handles inquires and requests from internal service partners and/or external clients.
Assist internal and/or external auditors during scheduled audits.   Provides training and/or cross training to new hires or junior staff members.
  • Produces unit valuations (NAVs), financial reports, detailed schedules, and client reporting critical to the business assigned for both international and domestic portfolios.
  • Monitors the accounting effects of all portfolio activity, including purchases and sales, corporate rates and actions, cost basis, principal and income pay downs, pricing, capital gains and losses, net investment income, dividend distribution amounts, and expenses.
  • Reconciles accounts to various systems applications.
  • Identifies and resolves out of balance conditions in a timely manner.
  • Conducts tolerance checks looking for outliers and errant data conditions
  • Process and/or monitor transactions and trades posted to accounting system and compare to trust system.
  • Prepares client assistance packages for scheduled audits, which includes statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets and other financials annually.  Assist internal and/or external auditors during scheduled audit.
  • Responsible for the training and/or cross training of new and junior staff members.
  • Performs other duties and responsibilities as assigned by functional work area.
Education:  Bachelor’s Degree in Accounting, Finance, or Business or in lieu of a degree combination of experience and education.
Experience:  4 years of fund accounting experience in an operation environment at a financial institution, with a minimal of 1 year international fund accounting experience.
Knowledge, Skills, & Abilities:
  • Proficient knowledge of Microsoft Office software package
  • Advanced knowledge of trust accounting software, operational functions, and client reporting.
  • Advanced knowledge of securities transactions related to trust accounting reporting
  • Proficient ability to review accounting statements, notice finite inconsistencies, and ensure data integrity
  • Proficient training and mentoring skills
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.