Associate Financial Administrator II

Reposted Yesterday
Be an Early Applicant
5 Locations
In-Office
Junior
Financial Services
The Role
Prepares and files financial reports for mutual funds, ETFs, and investment products; maintains expense budgets and accruals; processes expense payments; calculates management fees and reimbursements; monitors fund performance; prepares board reports; and supports regulatory, audit, client, rating agency, and ad hoc reporting activities.
Summary Generated by Built In

SUMMARY

The Associate Financial Administrator II plays a key role in preparing and filing quarterly mutual fund reports and analyzing fund performance, expense budgeting, and board reporting for mutual funds, ETFs, and other investment products.

 

KEY ACCOUNTABILITIES

  • Prepares quarterly, semi-annual, and annual financial reports for assigned funds.
  • Maintains expense budgets and accruals, as needed, based on contractual fee schedules and fiscal year projections.
  • Processes expense payment authorizations, as needed, for fund expenses.
  • Calculates standard monthly management fees and advisor waiver and reimbursements for each fund; distributes fee authorization to the appropriate party.
  • Utilizes fund performance tracking systems to monitor and review fund performance; distributes information to clients, as needed.
  • Compiles quarterly reports utilized by Trust’s Board members.
  • Completes off-schedule projects and ad hoc reporting when needed.

WORKING RELATIONSHIPS

  • Occasional contact with rating agencies by releasing portfolio holdings, answering surveys, or providing fund information as needed or requested.
  • Daily contact with the Financial Administration team regarding fund financial statements, reports, compliance, audits, etc.

May perform other duties as required and assigned.

 

EDUCATION AND EXPERIENCE

  • Bachelor’s degree in accounting, finance, economics, business, or related field.
  • 1 year of accounting or finance experience.

KNOWLEDGE

  • Financial services industry.
  • Financial reporting and performance tracking systems.
  • SEC, IRS, and GAAP reporting regulations.
  • SEC Forms, N-PORT, N-CEN, N-CSR, and 24f-2.
  • Stocks, bonds, options, foreign securities, and derivatives.
  • Microsoft Office Suite.
  • Adobe Acrobat.

SKILLS AND ABILITIES

  • Troubleshoots issues utilizing creative and critical thinking skills.
  • Multitasking, analytical, and organizational skills.
  • Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
  • Demonstrates personal integrity, responsibility, and accountability.
  • Effectively uses resources such as time and information in conjunction with associates.
  • Participates in solving problems and making decisions.
  • Presents and expresses ideas and information, written and oral, clearly, and concisely.
  • Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
  • Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
  • Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
  • Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.

Equivalent education, experience, and KSA’s will be considered.

 

Ultimus is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.

Skills Required

  • Bachelor's degree in accounting, finance, economics, business, or a related field.
  • At least 1 year of accounting or finance experience.
  • Knowledge of the financial services industry.
  • Knowledge of financial reporting and performance tracking systems.
  • Knowledge of SEC, IRS, and GAAP reporting regulations.
  • Knowledge of SEC Forms N-PORT, N-CEN, N-CSR, and 24f-2.
  • Knowledge of stocks, bonds, options, foreign securities, and derivatives.
  • Proficiency with Microsoft Office Suite and Adobe Acrobat.
  • Strong analytical, organizational, multitasking, communication, problem-solving, and attention-to-detail skills.
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The Company
1,200 Employees
Year Founded: 1999

What We Do

Ultimus Fund Solutions is an independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions. It serves fund and asset managers through post-trade administration and investment-operations support, including fund accounting, transfer-agent and shareholder services. Its platform supports public, private, and hybrid investment vehicles, and the company administers mutual funds, hedge funds, and private-equity funds with integrated technology and high-touch client service.

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