Analyst, Institutional Fund Accounting
The Analyst, Institutional Fund Accounting at Confidential Client is responsible for daily valuation and reconciliation of mutual and separately managed funds, primarily for large Defined Contribution and Defined Benefit ERISA plans. The role involves calculating Net Asset Value (NAV), auditing income postings and corporate actions, resolving exceptions, and assisting in the preparation of client reports and financial statements, ensuring accuracy and timeliness in a fast-paced environment.
About Careertakes
👉 Important disclosure: Careertakes is a third-party recruiting platform supporting this hiring process. If selected, you will be employed directly by our client, Accounting & Finance.
Applicants for this role may also receive access to additional matched opportunities through the Careertakes platform.
What You’ll Do
Confidential Client is seeking an entry-level Analyst, Institutional Fund Accounting to support daily NAV valuation and monthly reporting for large asset-owner plans (primarily Defined Contribution — e.g., 401(k) — and Defined Benefit/ Pension ERISA plans). You will work under direct supervision to reconcile funds, resolve exceptions, and help produce accurate client reporting.
- Determine Net Asset Value (NAV) for fund investment options on a daily basis
- Evaluate and reconcile mutual funds, separately managed, commingled, and collective funds versus benchmarks
- Analyze impacts of transactions, income postings, accruals and corporate actions on portfolio option values
- Audit and resolve exceptions for cash, holdings reports, price variances, expenses and accruals within established SLA windows
- Support timely preparation of monthly and annual client reports and financial statements in accordance with GAAP and performance standards
- Respond to partner and client inquiries; record resolutions and escalate complex issues to supervisors
- Provide annual portfolio and Form 5500 reporting support when required
Who You Are / Required Qualifications
- Bachelor’s degree in Business, Accounting, Finance or equivalent experience preferred, or relevant fund accounting experience
- Basic knowledge of accounting, finance and securities (gained through coursework or prior experience)
- Strong analytical ability and attention to detail to research and resolve account exceptions on schedule
- Ability to prioritize, multi-task and work accurately in a fast-paced environment
- Proficient with Microsoft Excel; familiarity with Microsoft Power suite is a plus
- Authorized to work in the U.S. without immigration sponsorship (see Work Authorization section below)
Preferred / Nice-to-Have
- Prior exposure to fund accounting, mutual fund accounting, custodial operations or institutional asset servicing
- Experience with NAV calculation, reconciliations and audit processes
- Familiarity with ERISA plan reporting (401k / pension) and Form 5500 processes
Compensation & Benefits
- Salary range (good-faith estimate): $41,040 - $61,560 USD per year
- Confidential Client offers benefits that may include retirement programs (401k and/or pension), medical/dental/vision plans, paid time off, parental/caregiver leave, life and disability insurance, and discretionary bonus opportunities (may include equity components)
Location & Employment Type
- Location: Guadalupe, AZ (onsite)
- Employment type: Full-time
Work Authorization & Visa Sponsorship
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Confidential Client will not sponsor applicants for U.S. employment-based visa status for this opportunity (this includes H‑1B, L‑1, TN, O‑1, E‑3, H‑1B1, F‑1/J‑1 OPT/CPT or any other employment-based visa).
Why Join
- Start your career in institutional fund accounting supporting large, sophisticated retirement plans
- Gain hands-on experience with NAV valuation, reconciliations, and client reporting under experienced supervisors
- Opportunity to grow within a structured financial services operations environment
Equal Opportunity & Hiring Transparency
Careertakes and our client are Equal Opportunity Employers committed to building a diverse and inclusive workforce. We prohibit discrimination or harassment of any kind. To support a fair and efficient hiring process, AI tools may be used to assist with application review or resume screening. These tools do not replace human decision-making. Final hiring decisions are made by people.
If you have questions about how your data is used, please contact us directly.
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