At a Glance
- Tasks: Support fund service and administration, manage unit pricing, and coordinate client onboarding.
- Company: Join Macquarie Asset Management, a global leader in financial services.
- Benefits: Enjoy flexible working, wellbeing leave, and professional development opportunities.
- Other info: Inclusive environment with excellent growth potential and diverse opportunities.
- Why this job: Make a real impact in a dynamic team while shaping your career.
- Qualifications: 3-7 years in fund accounting and strong analytical skills required.
The predicted salary is between 66150 - 80850 $ per year.
Join our Enterprise division in Macquarie Asset Management and support our fund service and administration team. Our team’s focus and responsibility cover all management investment schemes and separately managed client activities (mandates). The Fund Service and Administration team is responsible for the daily operations that support the Investment Functions, including Unit Pricing and Performance oversight, Tax Distributions reviews, interactions with Registry, Transition and Implementation activities including Terminations. The team also supports the launch of new products, mandates and/or restructures.
You will be responsible for the preparation and review of daily, monthly and quarterly unit pricing, including ETFs. This includes:
- Review and oversight of Mandate Performance.
- Review of monthly and quarterly fund distributions including preparation of funding requirements and year-end tax statements.
- Preparation and review of daily reporting and monthly reporting for Clients including currency overlay.
- Coordination of new fund and client on-boarding, management of fund terminations, liaising with central product and front office teams, which will include portfolio managers, risk and compliance, and with our third-party custodians.
What you offer:
- 3-7 years’ experience in fund accounting, fund service or fund administration.
- Understanding of unit pricing, performance and tax distributions.
- Understanding and knowledge of domestic and international fixed income and equities including ETFs.
- Strong analytical skills and attention to detail.
- Skilled in using Microsoft Office suite (Excel, Word, PowerPoint).
- An undergraduate degree in finance, accounting or equivalent.
What we offer:
- 1 wellbeing leave day per year.
- Up to 5 additional service bonus leave days per year.
- Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers.
- 2 days of paid volunteer leave and donation matching.
- Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave.
- Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations.
- Access to a wide range of salary packaging options.
- Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription.
- Hybrid and flexible working arrangements, dependent on role.
- Reimbursement for work from home equipment.
About Macquarie Asset Management:
Macquarie Asset Management is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage $A720 billion in assets. MAM provides clients with a diverse range of investment solutions that seek to deliver superior risk-adjusted returns.
Inclusion at Macquarie:
We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance. We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.
Fund Administration Associate in Sydney employer: Macquarie Bank Limited
At Macquarie, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Technology team. With a strong commitment to employee wellbeing, we provide generous benefits such as wellbeing leave, paid parental leave, and extensive learning opportunities, all while empowering you to shape a fulfilling career in a global financial services environment. Join us in making a meaningful impact as we drive technology solutions that support business outcomes across 30 markets.
