Job Description

Position: Fund Accountant

Salary: $47,000-$53,000

Work Schedule: Hybrid work schedule, which includes three days in the office and two days working remotely

If you’ve always dreamt of an exciting career in Banking, Finance, and Tech, now’s the time to make it a reality.

Over the past decade, increasing regulatory scrutiny has led to the evolution of banking services which now play a critical part in every single stage of the trade lifecycle and the overall client journey. It is now the sharp tip of a bank’s competitive edge. Within Banking Services, it has therefore never been more crucial to get it right and demand for top talent is high.

These roles are challenging, demanding attention to detail, a strong client focus, a keen sense of risk, and an awareness of the regulations. At mthree, we can provide you with the professional training to embark on your career within banking and open doors to world-leading financial institutions.

Main responsibilities of the role :

• Prepare and review reconciliations between different fund accounting systems
• Account for hedge fund/alternative investment partnerships and share-based entities.
• Allocate partnership income/expenses (including new issues, side pockets, side letters etc.)
• Read fund and legal documents in order to accurately and appropriately process transactions and/or calculate various fees/allocations.
• Compute and account for management and incentive fees (including tiers and hurdles)\
• Compute various rates of return, NAV and investor-level NAV estimates
• Prepare or review withholding statements, capital roll forwards, and investor statements as needed.

How it works… .

• Apply via the form below. You must have an interest in and knowledge of Banking and/or regulation.
• Complete the assessments. You will receive a link to an online assessment, followed by telephone and video interviews.
• If selected to move forward, you will interview with the client for the role.
• Get trained remotely. You’ll learn everything you need to start your new role. Learning from experts from mthree who have decades of experience, you'll be taught the skills that the role requires. Training is completely free, and there are no hidden costs or catches.
• After successfully completing training, you will work on-site with our client as our consultant. Where we will work with you and the client to enhance your skills with the goal of having you join the client directly.

What you’ll get:

• In-depth interactive training in created by industry experts who know your field inside out.
• A generous graduate salary with pay rises after every 9 months to reflect your progress.
• A flexible benefit package.
• Ongoing training, support, and social events throughout your placement.
• An opportunity to kickstart your career and gain valuable experience in an attractive and exciting industry.

At mthree, our values support courageous teammates, needle movers, and learning champions all while striving to support the health and well-being of all employees.  We take great pride in celebrating the diversity of each individual who contributes to making mthree the company it is today and will be in the future. We value diversity both within mthree and with our partner companies, and we're proud to provide an environment where all our colleagues can flourish. That means promoting a strong culture of equality but, most importantly, inclusion.

We are committed to fair, transparent pay, and we strive to provide competitive compensation in addition to a comprehensive benefits package.  The base pay rate for this position is $47,000-$53,000 USD.  This pay rate represents mthree’s good faith and reasonable estimate of the base pay for this role at the time of posting and based on the locations listed in the job advertisement. It is anticipated that qualified candidates selected for placement will receive this pay rate as a starting salary once onsite with the mthree clients.

The stated salary and benefits package will be received once the training in the mthree Academy has been successfully completed and the candidate starts on-site with the mthree client. Trainees are paid a stipend of $125 USD for each day of training they attend (training can be 4-8 weeks); trainees must complete the course to receive payment for training. Training durations vary depending on training pathways and will be disclosed during the recruitment process.

All applicants must be currently authorized to work in the United States on a full-time basis. The Company will not sponsor applicants for work visas.

This opportunity is perfect for you if…

• You have a genuine interest in Banking and Financial Markets.
• You have a 2.75+ GPA
• Degree topics we have seen succeed but are not limited to include - Accounting, Finance, Banking, and Economics.
• You’re an excellent verbal and written communicator.
• You’re hungry to learn and upskill.
• It’s a bonus if you already have experience working in teams in a collaborative environment.

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