About the role
Responsibilities
- Provides assistance and support to junior team members by acting as a subject matter expert, identifying opportunities for development and providing coaching and guidance
- Reviews daily net asset value calculations completed by team members, checking for accuracy of the information used to determine fund prices; authorizes the day end prices of funds and is also responsible for the calculation of the daily net asset value for certain funds assigned to them (typically more complex in nature)
- Contributes to the preparation and review of interim and year end distribution calculations
- Develop and train funds accountants to become strong seniors. This would enable the managers to spend more time training and developing their supervisors and the supervisors on their Senior Fund Accountants
- Ensures client inquiries are responded to on a timely and thorough basis
- Assists the Manager/Supervisor in working with the Quality Assurance Officer to ensure accuracy and consistency in NAV calculations
- Assumes the role of the Supervisor in their absence
- Acts as the lead for engagements with internal and external audit and for certain centralized functions such as corporate actions
- Supports efforts to centralize certain functions such as corporate actions, reviewing capital stock postings, etc.
- Assists the Supervisor in completing various reporting requirements such as the monthly attestation, manual price list, distribution summary reports, etc.
- Expectation is that incumbents will enroll in People Leadership learning activities as prescribed by CIBC Mellon
Qualifications
- Completed post-secondary education
- A minimum of 2 years progressive experience in Fund Accounting
- Canadian Securities Course
- Advanced knowledge of office productivity software (e.g. Microsoft Excel)
- Advanced knowledge of InvestOne
About CIBC Mellon
CIBC Mellon is dedicated to helping Canadian institutional investors and international institutional investors into Canada service their financial assets throughout the investment lifecycle. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon Corporation (BNY) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon delivers informed investment services for investment funds, pension plans, insurance companies, banks, foundations, endowments, corporations, and global financial institutions whose clients invest in Canada. As at June 30, 2024, CIBC Mellon had more than C$2.8 trillion in assets under custody and/or administration. CIBC Mellon is part of the BNY network, which as at June 30, 2024 had US$49.5 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
CIBC Mellon is a licensed user of the CIBC trademark and certain BNY trademarks, is the corporate brand of CIBC Mellon Global Securities Services Company Inc and CIBC Mellon Trust Company and may be used as a generic term to refer to either or both companies.
About the role
Responsibilities
- Provides assistance and support to junior team members by acting as a subject matter expert, identifying opportunities for development and providing coaching and guidance
- Reviews daily net asset value calculations completed by team members, checking for accuracy of the information used to determine fund prices; authorizes the day end prices of funds and is also responsible for the calculation of the daily net asset value for certain funds assigned to them (typically more complex in nature)
- Contributes to the preparation and review of interim and year end distribution calculations
- Develop and train funds accountants to become strong seniors. This would enable the managers to spend more time training and developing their supervisors and the supervisors on their Senior Fund Accountants
- Ensures client inquiries are responded to on a timely and thorough basis
- Assists the Manager/Supervisor in working with the Quality Assurance Officer to ensure accuracy and consistency in NAV calculations
- Assumes the role of the Supervisor in their absence
- Acts as the lead for engagements with internal and external audit and for certain centralized functions such as corporate actions
- Supports efforts to centralize certain functions such as corporate actions, reviewing capital stock postings, etc.
- Assists the Supervisor in completing various reporting requirements such as the monthly attestation, manual price list, distribution summary reports, etc.
- Expectation is that incumbents will enroll in People Leadership learning activities as prescribed by CIBC Mellon
Qualifications
- Completed post-secondary education
- A minimum of 2 years progressive experience in Fund Accounting
- Canadian Securities Course
- Advanced knowledge of office productivity software (e.g. Microsoft Excel)
- Advanced knowledge of InvestOne
About CIBC Mellon
CIBC Mellon is dedicated to helping Canadian institutional investors and international institutional investors into Canada service their financial assets throughout the investment lifecycle. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon Corporation (BNY) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon delivers informed investment services for investment funds, pension plans, insurance companies, banks, foundations, endowments, corporations, and global financial institutions whose clients invest in Canada. As at June 30, 2024, CIBC Mellon had more than C$2.8 trillion in assets under custody and/or administration. CIBC Mellon is part of the BNY network, which as at June 30, 2024 had US$49.5 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
CIBC Mellon is a licensed user of the CIBC trademark and certain BNY trademarks, is the corporate brand of CIBC Mellon Global Securities Services Company Inc and CIBC Mellon Trust Company and may be used as a generic term to refer to either or both companies.