Operations Analyst

  • location: Atlanta, GA
  • type: Contract
  • salary: $25 - $27.50 per hour
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job description

Operations Analyst

job summary:
Operations Analyst - Atlanta, GA

  • This is a contract role expected to last 3 months.
Operations Analyst - Job Duties:

  • Must develop expert knowledge of Reliance's Fund Accounting (InvestOne), Custody (AddVantage), Portfolio Management (IMS), and Shareholder Recordkeeping platforms.
  • Perform the calculation of daily Net Asset Values ("NAVs") for Collective Investment Trusts or Unitized Accounts.
  • Confirm that all fund capital stock activity is valid and properly loaded to department systems.
  • Ensure that all trades and settlements are accurately processed on Fund Accounting software.
  • Review fund expenses and expense accrual calculations daily.
  • Maintain calendar of anticipated income and corporate actions on fund assets and ensure income and corporate actions are properly processed on the appropriate date.
  • Review reconciliation of shareholder, cash, and security positions between Shareholder Services, Fund Accounting, and Custody systems and ensure that all out of balance issues are addressed and documented.
  • Ensure that all fund securities are accurately valued daily.
  • Responsible for accuracy of fund Net Asset Values and their proper distribution to relevant firms, brokers, and third-party administrators.
  • Monitor e-mail for directions applicable to processing on desk.
  • Respond to client, broker, and TPA queries concerning fund activity, positions, and NAVs timely and accurately.
  • Assume ownership and accountability for designated tasks, and assist other staff as needed.
  • Meet all time-sensitive deadlines.
  • Communicate clearly with other Reliance staff to ensure that client directed fund activity, security corporate actions, and reconciliation issues are appropriately acted upon.
  • Participate in fund conversions and deconversions
  • Review operational controls and procedures for adequacy and compliance.
Job Requirements:

  • BS/BBA Accounting and/or Finance or equivalent accounting experience.
  • Must show initiative and not wait for direction.
  • Outstanding writing and communication skills.
  • Detail-oriented, should possess strong organizational skills.
  • Ability to determine appropriate priority level for tasks and responsibilities based on instructions.
  • Ability to learn quickly, motivation to research subjects related to job.
  • Teamwork oriented.
  • Microsoft Office suite (particularly comprehensive knowledge of Excel).
Preferred Skills:

  • Experience in Fund Accounting.
  • Experience with processing security transactions: could include asset trading, processing corporate actions, handling security transfers, or security position reconciliation.
  • Familiarity with InvestOne Fund Accounting system, and AddVantage Trust Custody system.
  • Experience in Shareholder Servicing or Transfer Agent responsibilities.
  • Experience interacting with the NSCC (National Securities Clearing Corporation), or DTC (Depository Trust Corporation).
Compensation: $25.00-$27.50/hr

 
location: Atlanta, Georgia
job type: Contract
salary: $25.00 - 27.50 per hour
work hours: 12-9
education: Bachelor's degree
experience: 3 Years
 
responsibilities:
JOB SUMMARY:

Responsible for accurate fund accounting for Reliance Collective Investment Trusts (CITs) and unitized funds, including processing and/or review of capital stock activity, trade settlements, income accruals, expense accruals, security pricing, and reconciliation of asset trial balances. Will ensure accuracy of fund Net Asset Values and their proper distribution to relevant firms, brokers, and third-party administrators. Will interface with outside parties, as well as other internal departments, to resolve issues and ensure proper processing of fund activity. Assisting with the responsibilities of other Unitization desks will also be an essential duty of this position. Hours will be 12:00 pm to 9:00 pm.

RESPONSIBILITIES AND DUTIES

- Must develop expert knowledge of Reliance's Fund Accounting (InvestOne), Custody (AddVantage), Portfolio Management (IMS), and Shareholder Recordkeeping platforms.

- Perform the calculation of daily Net Asset Values ("NAVs") for Collective Investment Trusts or Unitized Accounts.

- Confirm that all fund capital stock activity is valid and properly loaded to department systems.

- Ensure that all trades and settlements are accurately processed on Fund Accounting software.

- Review fund expenses and expense accrual calculations daily.

- Maintain calendar of anticipated income and corporate actions on fund assets and ensure income and corporate actions are properly processed on the appropriate date.

- Review reconciliation of shareholder, cash, and security positions between Shareholder Services, Fund Accounting, and Custody systems and ensure that all out of balance issues are addressed and documented.

- Ensure that all fund securities are accurately valued daily.

- Responsible for accuracy of fund Net Asset Values and their proper distribution to relevant firms, brokers, and third-party administrators.

- Monitor e-mail for directions applicable to processing on desk.

- Respond to client, broker, and TPA queries concerning fund activity, positions, and NAVs timely and accurately.

- Assume ownership and accountability for designated tasks, and assist other staff as needed.

- Meet all time-sensitive deadlines.

- Communicate clearly with other Reliance staff to ensure that client directed fund activity, security corporate actions, and reconciliation issues are appropriately acted upon.

- Participate in fund conversions and deconversions

- Review operational controls and procedures for adequacy and compliance.

 
qualifications:
EXPERIENCE AND SKILL PREFERENCES

- Experience in Fund Accounting.

- Experience with processing security transactions: could include asset trading, processing corporate actions, handling security transfers, or security position reconciliation.

- Familiarity with InvestOne Fund Accounting system, and AddVantage Trust Custody system.

- Experience in Shareholder Servicing or Transfer Agent responsibilities.

- Experience interacting with the NSCC (National Securities Clearing Corporation), or DTC (Depository Trust Corporation).

MINIMUM SOFTWARE PROFICIENCY REQUIREMENTS

- Microsoft Office suite (particularly comprehensive knowledge of Excel).

EXPERIENCE AND SKILL MINIMUM REQUIREMENTS

- BS/BBA Accounting and/or Finance or equivalent accounting experience.

- Must show initiative and not wait for direction.

- Outstanding writing and communication skills.

- Detail-oriented, should possess strong organizational skills.

- Ability to determine appropriate priority level for tasks and responsibilities based on instructions.

- Ability to learn quickly, motivation to research subjects related to job.

- Teamwork oriented.

 
skills: Analysis
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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