Since 1955, millions of investors in the United States and around the globe have relied on Federated Investors, Inc. (NYSE: FII) for world-class investment management. Federated has grown to become one of the nation's largest investment managers with $364 billion in assets under management.
Federated has honed its disciplined investment process over a half-century to deliver style-consistent investment products, including 123 domestic and international equity, fixed-income and money market funds, as well as a variety of separately managed accounts. Federated's diversified product line is distributed through more than 8,400 financial intermediaries and institutions who assist investors in meeting their unique objectives. For additional information about Federated Investors visit FederatedInvestors.com.
CAREER OPPORTUNITY #: 7111
POSITION TITLE: STAFF ACCOUNTANT
DEPARTMENT: FUND EXPENSE ANALYSIS
Bachelor degree in Accounting, Finance, or related business field; or an Associate’s degree in business field (or equivalent) and three years of Federated experience required
Minimum one year mutual fund industry experience preferred
Prior experience with financial services fund administration functions preferred
Proficient in Microsoft Excel, Word and Access
Review majority of invoices to ensure that only appropriate fund expenses are submitted to the service providers for payment by the funds. Ensure that invoices submitted are in accordance with contractual arrangements, where applicable.
Process, submit and track all invoices submitted to the custodian or corporate Accounts Payable for payment by the funds.
Coordinate resolution of invoice payment issues.
Compare invoices to contracts or fee agreements to verify invoice accuracy, where appropriate.
Prepare invoice allocation schedules.
Prepare regular and special fund expense reports and various other types of expense reporting as requested.