The Senior Fund Accountant is responsible for the preparation and review of daily, weekly, monthly, quarterly and year end deliverables for our clients. They prepare and produce accurate and quality reporting in line with SLA targets. Communication is always proactive whenever possible, with each team member taking personal responsibility for managing prosperous relationships with their client contacts.
Primary Role Responsibilities
Processing and Validation of Fee Payments, Fee Rebates, distribution, and adhoc income and expenses
Be a key team member in Year End activities
Support manager in responding to Audit queries, supply evidence to auditors directly as directed by manager
Coordinate with internal and external customers as necessary
Actively participate in client B2B meetings
Review the process procedures regularly and up spec if there is any process changes
Actively participate in onboardings of new client
Actively participate in project meetings and provide valuable insights
Ensure that the team addresses all relevant issues within the specifications and various standards
Communicate team status, task accomplishment, and direction
Escalate issues which cannot be resolved by the team
Client reporting
Reconciliations
Resolution of client issues and ad hoc queries
Resolution of accounting & general ledger queries from the business and clients
Assisting with related systems, process or internal change initiatives and process improvements
Building and sustaining client relationships by supporting the efforts of the Account Managers, Client Service Managers and the broader team
Actively participate in regular meeting times, 1-on-1’s and group discussions
Ongoing knowledge development and industry knowledge
Other contributions
The Senior Fund Accountant has knowledge of Fund Accounting, Unit Pricing, Investment Administration, tax compliance and reconciliations. They understand the importance of accuracy in reporting and benefits of understanding the end to end operating process. Time management and the ability to operate effectively within critical time constraints in the area are important.
- Demonstrated ability to Lead by example - Walk the talk:
Deliver on results promised. Able leadership requires an ability to deliver results.
Value people and nurture relationships. Top-notch people skills are vital to sound leadership.
Promote strategic cooperation. Collaboration is an indispensable component of leadership.
Resolve conflict quickly and effectively. Approach conflict proactively, which means the sooner you resolve things, the better.
Freely develop and support others.
Continuous professional development is an extraordinary mechanism for facilitating growth.
- Key System Experience
HiPortfolio (or other Investment System experience)
Experience with General Ledger and investment packages/ systems
Intellimatch (Cash Reconciliation)
Microsoft packages (MS Outlook, Word, PowerPoint)
Unit Pricing System (HiPortfolio, PControl or other similar UP systems)
Accountability - Committed to achieving the organisation’s objectives. Demonstrates perseverance and is accountable for own actions.
Change management - Displays flexibility to change and is open to new ideas. Encourages others to be open to innovation. Values feedback and gives people scope and confidence to generate ideas.
Client Focus - Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market (both Internal and External Client)
Collaborative approach - Supports and shows respect for others. Puts people first, and works effectively with individuals, teams and clients.
Impact & influence - Creates a positive and professional impact on others. Uses effective strategies to win others over. Exhibits persuasive representation of team and business objectives.
Individual Leadership - Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement. Adjusts behaviour to accommodate tasks, situations and individuals.
Attention to detail - Ensures accuracy and implements processes to ensure quality of output. Ensures high personal standards in all areas of work.
Planning & Execution - Establishes courses of action for self and others to ensure work is completed efficiently. Effectively manages own time and resources to meet deadlines and quality standards.
What is required for you to succeed?
Tertiary Qualification in Business or Finance preferable
Other Postgraduate or Industry qualifications welcome but not essential
Proven experience (at least 5+ years) in the finance or investment industry.
In depth and comprehensive knowledge of the Funds Industry and Operations, Fund Accounting, Reporting and Custody.
Strong understanding of the principles and the practical application of tax compliance
Strong product knowledge in domestic and international securities and funds management.
Good theoretical and practical knowledge of investment products including Unit Trusts Superannuation Schemes, Exchange Traded Funds and Listed PIEs
Experience in tax compliance including the preparation of Imputation Credit Accounts (ICA) and Statements of Taxable Income (SOTI) and Tax returns
Experience with general ledger and investment management systems
Knowledge of compliance and operational risk requirements in the industry
Demonstrated history of being results focused and excellent attention to detail
Excellent communication skills, both verbal and written
About BNP PARIBAS
BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.admin [at] asia.bnpparibas (dot) com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).
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Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.
