Location: New York,NY, USA
Job Title: Associate, Mutual Fund Administration
Department: Investment Administration
Reports To: Director, Fund Administration
FLSA Code: Non-Exempt
Estimated Salary: $75,000 - $85,000
Job Summary:
Provide accounting oversight, administration, regulatory reporting, and third-party oversight of service providers for the registered mutual funds and collective investment trusts. Cohen & Steers is committed to an inclusive culture, valuing diversity in support of our people and clients.
Major Responsibilities/Activities:
* Daily oversight procedures administered by the Cohen & Steers Fund Mutual Fund Administration group on a daily and monthly basis. This includes multiple daily reconciliations including daily position & market value reconciliations vs. the accounting agent, and Section 18 compliance.
* Preparation of daily fund flows.
* Coordinate receipt of all daily broker/fair value prices for manually priced securities. Preparation of end of day manual pricing package.
* Review of funds' expense budget analysis.
* Review of the semi-annual and annual financial statements, N-Port including Part F (f/k/a N-Q), N-CEN and annual 24f-2 filings prepared by the accounting agent. Responsible for accuracy and integrity of the data contained within.
* Preparation and review of certain financial data contained in prospectus and SAI updates.
* Review of monthly, quarterly and semi-annual dividend estimates received from accounting agent.
* Assist with the preparation and/or review of the quarterly board materials.
* Assist with the preparation of monthly AUM reporting and monthly fact sheet data.
* Preparation of other financial reports for various groups within the firm.
* Special projects, as requested.
Minimum Requirements:
* Bachelor's degree in Accounting, Finance or related fields.
* 1-2 years of accounting experience is a plus.
* ETF experience is also a plus.
* Strong and effective written and verbal communication skills.
* Proficiency with advanced functions of Microsoft Excel.
* Understanding of the Investment Company Act of 1940, Regulation S/X and Sarbanes-Oxley Act of 2002 a plus.
* Demonstrates inclusive behaviors in support of a culture that values diverse perspectives.
Note: This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. The job title or duties and responsibilities may be changed by the Company at any time.