Job Title - Financial Reporting Analyst (Mutual fund)

Job Type: Contract

Duration: 12 Months

Work hours: Normal business hours (Hybrid Schedule: 3 days in-office, 2 days working from home. Flexible with in-office days)

Location: Boston Massachusetts 02210

Pay Rate: $41per hour

JOB DESCRIPTION

Previous job experience as a “Financial Analyst ” is not the right job experience for the position. Candidates with experience in the Financial Reporting and Fund Reporting field are preferred. Also, experience with reviewing financial statements is desired.

*** The management team is looking for candidates with mutual funds financial statements review experience. Given the high volume of funds that need to be reviewed this fall, the management team will not be able to train consultants on how to review financial statements. The consultants must have this prior experience to be interviewed for the position.


The Financial Reporting Analyst reviews drafts of annual, semi-annual, and quarterly financial statements and Forms (N-SAR, N-Q24F-2, and N-CSR) for registered investment companies. The position provides support to senior team members and managers in connection with funds and general fund financial information and also completes various projects as assigned by the Financial Administration Manager. For European offices, the Financial Reporting Analyst may assist in reviewing the work of more junior-level staff members and developing the Financial Administration Group.

 

• Draft annual, semi-annual, and quarterly financial statements and Forms N-SAR, N-Q24F-2, and N-CSR for registered investment companies and timetable calendars for such statements. Review fund expense proformas.

• Review fund expenses and accruals; coordinate accrual adjustments with the client and financial reporting team. Review fund invoices for authorization and review.

• Work with the Fund Administration Manager in board book and procedures manuals preparation. Report and communicate performance data to fund management and industry publications.

• Develop and maintain a working familiarity with applicable laws, regulations and interpretations governing financial statements and disclosure, including the Investment Company Act of 1940, the Internal Revenue Code, GAAP, Regulation S-X, and other applicable requirements.

• Maintain awareness of regulatory changes affecting funds. Communicate appropriately with the Financial Reporting Team Leader concerning all timetables and workflow, and communicate appropriately about all relevant matters with other department members within BBH.

• Communicate appropriately with the Financial Reporting team concerning all timetables and workflow. Perform special projects as directed by the Team Leader. Assist in the review of work completed by junior-level staff members. Develop and maintain a working knowledge of EDGAR.

• Evaluate and suggest enhancements to Eagle/OMEGA (BBH's Fund Accounting system) to automate procedures for financial reporting and compliance purposes.

• Communicate appropriately with the Financial Reporting Supervisor concerning all timetables and workflow. Perform special projects as directed by the Fund Reporting Supervisor.

• Assist in the review of work completed by junior-level staff members about internal policies, procedures, and systems as required. BA/BS degree and equivalent work experience; Business-related concentration is preferable.

Skill Matrix

• The management team prefers candidates with at least five years of financial reporting experience, including reviewing financial statements.

• Develop and maintain a working familiarity with applicable laws, regulations and interpretations governing financial statements and disclosure, including the Investment Company Act of 1940, the Internal Revenue Code, GAAP, Regulation S-X, and other applicable requirements.

• Highly organized, detail-oriented, and self-motivated. Proven ability to problem solve and recommend solutions.

• Strong aptitude for accuracy and attention to detail.

• Capable of monitoring and completing a variety of projects simultaneously.

• Strong verbal and written communication skills.

• Strong interpersonal skills.

• Willingness and ability to work in a client-driven, deadline-oriented environment.

 

 

 

Posted On: Friday, September 6, 2024
Compensation: $41 per hour