Analyst, Fund Administration

Job Summary


Years of Experience

• 1 to 2 years of relevant work-ex

Qualifications

• CA, CPA or similar preferred
• Bachelor's degree, only if the candidate has vast experience in Financial Reporting as per US GAAP

Responsibilities

• Ensure preparation of Annual, Semi-Annual and Quarterly financial reports for 40 Act funds (Russell Investment Company and Russell Investment Funds) is done in a timely manner with good quality
• Annual reporting for institutional funds (Russell Trust Company and Russell Institutional Funds LLC) and
• Oversee, coordinate and execute the planning, organizing, training and leadership necessary to achieve stated goals. Be a link between the staff and management.
• This position involves working with other teams within and outside of Fund Administration to complete a range of routine, project-based and ad-hoc deliverables for Russell s fund products.
• Posting of periodic journal entries, partnership accounting/allocations and preparation of various disclosures for alternative investment funds.
• Engage with the Funds custodians, internal groups, external auditors and other key stakeholders to coordinate reporting cycles.
• Participate in projects which promote and lead to a streamlined financial operating environment.
• Evaluate and document policies, procedures and internal controls related to various aspects of the financial reporting process.
• Work directly with external service and data providers, external auditors and multiple groups within Russell to support a wide range of financial projects in support of the funds.
• Preparation and review of internal reports, sub-schedules and calculations which support the overall financial statement process for traditional funds.

Candidate Requirements

• Good knowledge of US GAAP, the Investment Company Act of 1940, U.S. Internal Revenue Code, CFTC Rules, ERISA and UCITS a plus.
• Understanding of Fund Accounting for mutual funds, commingled funds, LLC funds and private equity funds and working knowledge of the ERISA regulations, Investment Company Act of 1940, Exchange Acts of 1933 and 1934.
• Ability to interpret accounting/financial information and understand how it may impact the Funds financial statements, notes to financial statements and other disclosures.
• Extensive knowledge of investment products and securities, including complex derivative instruments such as swaps, futures, and options.
• Working knowledge of the relationships and interactions between investment managers and administrators / custodians / transfer agents.

Preferred

• Knowledge and understanding of SQL and VBA.
• Knowledge/Experience with Confluence ASP Reporting System.
• Ability to create, refine and maintain policies and desk procedures related to the Funds processes. Experience with 38a-1 requirements and Sarbanes-Oxley testing.

Core Values

• Excellent communication skills, both written and verbal. Ability to communicate effectively on behalf of Fund Administration Management with Vendors, Auditors, business units and other key stakeholders.
• Proven ability to work both independently and as part of a highly functioning team, open to new ideas and disciplines.
• Ability to work efficiently under pressure with minimal supervision to meet cyclical regulatory and internal deadlines; demonstrated ability to organize and prioritize multiple assignments.
• Demonstrate an ability to analyze complex issues, research solutions, prioritize workload and bring regulatory testing issues to resolution.
• Very strong tools-based knowledge including Excel, Access and other applicable applications in a LAN based environment.
• Have a mindset of improving processes with data and workflow automation.
• Ability to communicate complex technical details to all levels of management.
• Must be proficient in MS Office and manage large volumes of email correspondence.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.

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