Lead Specialist (Fund Accounting) in Brooklyn, OH at Key Bank- Corporate

Date Posted: 2/14/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4900 Tiedeman Road
    Brooklyn, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    2/14/2020

Job Description

Job Brief:
A Lead Specialist (Fund Accountant I) in the Common & Collective Fund Services group is responsible for performing accounting functions related to common and collective trust fund processing. The role is intended to build a basis for fund accounting concepts. The funds assigned to this role are low to medium complexity. Additionally, a Lead Specialist is responsible for the fund related reporting including the audited annual financial statement preparation.

Essential Job Functions:

Perform valuations of the Common and Collective Trust Funds using InvestOne and Global Plus

Analyze the fund activity and ensure the appropriate accounting treatment is used in the process of deriving a Net Asset Value (NAV)

Calculate and allocate income and realized gains or losses within the NAV or to the fund participants

Process participant trades or other manual transactions as needed

Process incoming and outgoing wire transactions

Prepare monthly management reports

Compile and reconcile data for the audited annual financial reports

Communicate with Portfolio Managers, internal and external auditors, and other service partners on a regular basis

Participate in system testing and special projects as requested


Marginal Job Functions:

Document and maintain procedures

Cross-train with other team members to ensure coverage of all department functions

Institute continuous improvement approaches where appropriate; assess processes and make recommendations for workflow improvement.

Required Skills:

Associate’s degree in Accounting / Finance or 1 year of experience in a financial services related field

Solid professional written and verbal communication

Ability to multi-task, prioritize work and meet established deadlines with limited supervision

Process improvement orientated with the ability to identify and implement improvement opportunities

Exhibit a proactive nature and approach to learning, problem identification and resolution

Strong Personal Computer skills with proficiency in Microsoft Excel

Preferred Skills:

Display a solid understanding of investment vehicles and related accounting rules and regulations



FLSA STATUS:Non-Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

40439BR

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