SUMMARY
The Control Accounting Specialist I is responsible for facilitating money movements and bank account reconciliations based on daily transactions for the clients of Ultimus Fund Solutions.
KEY ACCOUNTABILITIES
MONEY MOVEMENTS

• Enters wires at custody banks or faxes instructions to custody banks to facilitate wires using listing of wires from daily money movement reports; enters wires to customer bank using daily instructions.
• Prints and reviews accuracy of daily money movement reports used in compiling daily movements to and from custody bank accounts; follows-up on discrepancies.
• Balances check deposits, ACH deposits, and wire deposits against money movement reports.
• Compiles a list of wires to and from custody banks using daily money movement reports.
• Supplies Fund Accounting department a breakdown of daily custody movements.
• Works with control team members and team manager to assure wires are correct, approved, and released by cut off times.
• Assists Reconciliation Specialist with daily research on any outstanding items received regarding bank account reconciliation.

RECEIVABLE AND PAYABLE REPORTING

• Updates and completes open receivable and payable records for shareholder movements.
• Communicates and resolves open receivable and payable issues with supervisor and fund accounting.
• Assists in completing TA-FA compare and assists in resolution of differences.

BANK ACCOUNT RECONCILIATION

• Updates and completes open receivable and payable lists with daily trade and money movement activity; ensures open items are researched and resloved in a timely manner.
• Coordinates follow-up of outstanding bank account reconciliation items with Control Accountant and Reconciliation Specialist.
• Assists Fund Accounting department regarding any questions that arise in daily NAV calculation.

WORKING RELATIONSHIPS

• Daily contact with Fund Accounting regarding NAV calculation questions or daily money movement reports.
• Regular contact with Control Accounting team and Reconciliation Specialist regarding outstanding items.

May perform other duties as required and assigned.
EDUCATION AND EXPERIENCE

• Undergraduate degree in business administration, accounting, tax, finance, or related field.1-3 years of experience in accounting, reconciliation, or finance related role.
• Experience working in Mutual Fund industry.

KNOWLEDGE

• Reporting and wire entry procedures on bank websites.
• Accounting and financial principals for numerous investment vehicles.
• Financial instruments including stocks, bonds, options, and foreign securities and derivatives.
• Microsoft Office Suite.
• Adobe Acrobat.

SKILLS AND ABILITIES

• Troubleshoots issues utilizing creative and critical thinking skills.
• Multitasking, analytical, and organizational skills.
• Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
• Demonstrates personal integrity, responsibility, and accountability.
• Effectively uses resources such as time and information in conjunction with associates.
• Participates in solving problems and making decisions.
• Presents and expresses ideas and information, written and oral, clearly, and concisely.
• Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
• Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
• Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
• Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.

Equivalent education, experience, and KSA’s will be considered.
Ultimus is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.