• Location: Boston MA
• Type: Perm
• Job #24821

Company Overview:
A leading investment management firm is seeking to expand its Fund Administration team. The role involves working closely with service providers on mutual funds and ETFs, offering exposure to complex product types.

Job Responsibilities:

• Responsible for expense accruals and budgeting, working with internal groups for expense forecasting.
• Manage expense processing, allocations, and tracking for mutual funds and ETFs.
• Perform management fee calculations, including reimbursements, waivers, and recoupments.
• Collaborate with service providers to ensure accurate and timely processing.
• Understand accounting entries related to treasury functions.
• Review financial statements for expense-related disclosures and prepare prospectus and SAI expense disclosures.
• Respond to auditor’s treasury-related questions during annual audits.
• Responsible for 15(c) board report, focusing on fee comparison and fund profitability sections.
• Support board reporting, including preparation of board materials.
• Participate in fund launches and liquidations as needed.
• Involved in the review of annual and semiannual financial statements and monthly/quarterly schedule of portfolio holdings for various funds.

Qualifications:

• College degree with at least 5 years of direct experience in fund administration.
• Strong understanding of various mutual fund and ETF structures.
• Proficient in Excel.

Compensation:
Salary: $85,000 – $100,000, Plus Bonus