FIS Looking for Fund Accountant II at Deer Park, TX, , USA Full Time

Position Type :
Full time Type Of Hire :
Experienced (relevant combo of work and education) Education Desired :
Bachelor of Accounting Travel Percentage :
0%
Job Description
We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?
About the Team
The Fund Administration team is a growing, fast-paced business unit responsible for maintaining direct client relationships, as well as the day-to-day accounting and administration of closed-end funds managed by clients.
What You Will Be Doing

• Process shareholder activity within allocation tables and reconcile to the TA platform
• Prepare and reconcile cash and positions on a daily basis back to custodian, prime broker or third party.
• Prepare monthly GAV work paper package and perform all month-end reconciliations (including cash, positions, market price, market value, and accrued interest/dividends) to supporting schedules and Trial Balance
• Assist with client onboarding which includes, but not limited to, loading of client’s tax lots, cash balance and trial balance onto the accounting platform
• Assist in year-end audit by providing backup documentation for sampling selected by client’s auditors.
• Prepare expense budget analysis and perform expense calculations
• Calculate net assets for partnerships and unitized funds, allocate profit and loss to each investor including:
  • Management fees
  • Incentive fee calculations
• Calculate and review fund returns
• Coordinate the preparation and distribution of the investor capital statement
• Process Investor and Shareholder Activity
• Perform AML/KYC checks on investors following company procedures and client instructions
• Facilitate transaction settlements and wire transfers
• Perform ad-hoc functions related to fund requirements
• Ensure client month-end and reporting deliverables are satisfied
• Work closely with clients to resolve inquiries and ensure client satisfaction.
• Work well in a team environment to achieve common goals
• Cross-train on other daily functions

What You Bring

• Bachelor’s degree in accounting or finance or the equivalent combination of education, training, or work experience
• Typically, at least 2 years’ experience in middle office operations or fund accounting with hedge funds/hedge fund administration (HFA)
• Highly proficient with Microsoft Office, advanced Excel skills
• Working knowledge of securities and fixed income assets
• Excellent analytical and problem-solving skills with ability to multi-task
• Strong verbal and written communication skills
• Attention to detail and capable of taking initiative
• Ability to work independently and meet deadlines without constant supervision

Added Bonus If You Have

• Structured products knowledge (Term Loans, Revolvers, Delayed Draws, ABS)

What We Offer You
A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:

• A voice in the future of fintech
• Always-on learning and development
• Collaborative work environment
• Opportunities to give back
• Competitive salary and benefits

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Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice .
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA
Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
Estimated Salary: $20 to $28 per hour based on qualifications.