Fund Accountant

Department: Fund Accounting

Meeder Investment Management (Meeder) is a Dublin, Ohio-based asset management firm with approximately $12 billion in assets under management, advisement, and administration. Meeder offers a wide variety of financial solutions, including Mutual Funds, Separately Managed Accounts, Cash Management and Retirement Plan Services. The firmís affiliates include three registered investment advisors, a limited purpose broker-dealer, a transfer agency, and the Meeder Funds mutual fund family. The Fund Accountant provides high level operational support for the Meeder Funds and Mutual Funds Service Co. The position also provides assistance to the Director of Fund Accounting and other personnel as needed.

Primary Responsibilities

Fund Accounting Responsibilities

  • Daily workflow of assigned mutual funds
  • Recording security trades
  • Monitoring interest and dividend accruals of underlying fund holdings
  • Monitoring corporate actions of underlying fund holdings
  •  Accurately monitoring the daily expense accruals
  • Checking the accuracy of fund holdings and maintaining the proper record-keeping for assigned mutual funds
  • Recording shareholder activity and reconciling outstanding shares with the Transfer Agency ē Balancing cash with the custodian on a daily basis
  • Assisting in solving any trade problems between the custodian and the brokers
  • Calculating a daily net asset value for assigned mutual funds
  • Confirming portfolio trades through DTC, mailed statements, or online
  • Payment of fund expenses

Financial Reporting Responsibilities

  • Reporting and communicating information to various reporting agencies
  • Reporting of daily net asset values and yields to NASDAQ
  • Maintenance of fund history information
  • Preparation and monitoring of fund diversification
  • Completion of all periodic fund questionnaires and data sheets
  • Preparation of the financial statements of the Meeder Funds
  • Calculation of performance for the Meeder Funds

Critical Success Factors

  • Strong organizational and communication skills
  • Reliable and timely, with solid problem solving skills
  • Ability to balance multiple daily, weekly, and monthly deadlines
  • Professional and accountable with a high degree of ethics and integrity
  • Accurate and detail oriented
  • Willingness to learn and improve oneself
  • Strong work ethic

Skills Required

  • Bachelorís degree required
  • Minimum of 1-2 years Fund Accounting experience required
  • Proficient in Microsoft Office (specifically Excel and Word)
  • Ability to learn basic fund accounting system
  • Obtain a solid understanding of the Investment Company Act of 1940, the Securities and Exchange Act of 1934, and Rule 2a-7
  • Intermediate level knowledge of common stock, fixed income securities and financial statement preparation

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