Staff Accountant – Fund – Fund Accounting

Job Description

Staff Accountant – Fund | Ultimus Fund Solutions

The Tone:
This is a full-time Staff Accountant role at Ultimus Fund Solutions. The company provides fund administration services for client funds. This position is crucial for maintaining accurate financial records, preparing essential financial statements, and ensuring responsive communication with clients and investors.

The TL;DR
• Role: Early Career
• Type: Full-time

• Team: Reports to management with regular interaction with team members.
• Mission: Responsible for maintaining daily cash transactions and general ledger for client funds, preparing financial statements, and responding to client and investor requests.
• Tech Stack: MS Office Suite

What You’ll Actually Do
• General Ledger Management: Maintain daily cash transactions and the general ledger for client funds.
• Financial Reporting: Prepare quarterly and annual financial statements and related reporting packages for management approval.
• Bank Reconciliations: Conduct periodic bank reconciliations and prepare cash composition reports.
• Client Communications: Prepare correspondence and address inquiries from client investors.
• Transaction Preparation: Draft basic capital calls and distributions, and team wires/transfers for approval.

The Must-Haves
• Background: Minimum of a Bachelor’s Degree in Accounting or a related field, providing sound knowledge of accounting principles, methods, and internal controls.
• Experience: 0-2 years of relevant experience in Accounting, Finance, or a related field, with proficiency in Microsoft Office Suite.
• Skills: Excellent client service with the aptitude to understand client business, strong organizational and prioritization abilities, and sound computer and technical skills.
• Bonus: An advanced degree (MBA or MSA) in Accounting or a related field is strongly preferred, as is a Certified Public Accountant (CPA) license.