Manager Fund Accounting-Alt Inv

Who we are We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed. Learn more about The Road to a Career at UMB Be part of something more. A majority of our time is spent “at work.” We believe that time most meaningful when it’s spent around people who care about you and who challenge you. We hire people who know how to make good decisions, because we won’t be constantly looking over your shoulder—you’ll be empowered to do what’s right for our customers. Most importantly, we’re a partner. We partner with our associates to help them thrive personally and professionally. We partner with our communities and the organizations that support them. And, we partner with our customers to create an experience they won’t find elsewhere. Supervise the daily, weekly and monthly activities of a fund accounting and administration team consisting of individuals varying in skill levels from entry level to senior level accountant. Responsible for management and mentoring of team personnel. Provides technical, industry and client specific training and acts as a resource. Assists with sourcing, hiring, and developing top talent. Performs micro and macro level review of all work including final review for clients. Manages associate time, salary, and performance records; initiates changes of assignments, salary increases, conducts performance appraisals and management activities, and recommends staffing changes. Oversee general ledger accounting functions. Ensure the proper application and maintenance of all accounting policies and procedures in accordance with applicable rules and regulations such as SEC, IRS and GAAP. Develop and maintain a strong relationship with the clients and other professional firms (such as audit/tax) with whom the clients conduct business. Monitor and review preliminary and final trial balances and net asset value for funds completed by Fund Accounting staff as needed. Monitor and review cash settlements, investor activity, interest, dividend payments, and other cash items to ensure that outstanding issues are being addressed and future problems are prevented. Review trade information as needed, to reflect current positions in each fund ?s portfolio. Ensure that the fund ?s investments are valued in accordance with the fund ?s Offering Memorandum (OM). Review account reconciliations and ensure that all exceptions are resolved in a timely manner. Report information to all interested parties. Review the final financial package and calculated net asset value of the fund. Review the financial reports to ensure that the income has been allocated correctly in accordance with the fund ?s documents. Review the financial reports to ensure that the management and incentive fees have been calculated and allocated correctly in accordance with the fund ?s documents. Coordinate preparation of and review the quarterly regulatory filings, such as N Q, N CSR etc., where applicable. Provide final detailed review of the financial statements comprising of balance sheet, income statement, statement of cash flows, statistics of income, and accompanying notes. Operate as main point of contact for the client, regardless of the issue, and coordinate the resolution of the issue. Ensure the completion of financial statements and all applicable working papers and coordinate with the funds ? auditors to ensure that the audit is conducted smoothly and expeditiously thus minimizing the potential for audit cost over runs. Ensure that the net asset value of funds are accurately calculated and communicated to appropriate sources in a timely manner. Provide progressive training, under the direction of the Managing Director, for fund accounting staff. Respond to questions from clients, clients ? independent public accountants, co workers, and Management. Conduct team meetings and lead/participate in client conference calls. Participate in internal meetings to provide/improve internal controls, procedures, etc. Develop and/or amend policies and procedures. Build efficiencies by utilizing the various systems available and building enhancements to systems with the applicable application team. Actively participate on committees. Other duties as assigned. Bachelor's degree in Accounting or Finance. Seven years of fund accounting experience Excellent analytical and organizational skills with strong attention to detail. Advanced Microsoft Office skills and advanced Excel skills. Demonstrated aptitude and experience with in house software. Good managerial and teamwork skills. Understands the industry and the changing environment while anticipating client needs. Good relationship development skills and an aptitude for client service. Exhibit initiative in a high performing culture and have a track record of meeting or beating deadlines. Demonstrates excellent work habits, attendance, and attitude. Coaches others on policies and procedures. Required to communicate effectively with clients and/or coworkers using common telecommunication and computer equipment. Must be able to read, examine, and organize documents. Ability to work outside of normal business hours. UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com or call 816-860-7972 to let us know the nature of your request.