Fund Administrator III

This role will plan, organize and oversee the preparation of financial statements, board of directors/trustees meeting materials, expense payments and accruals, compliance testing and performance data, for full service clients as assigned. Review the work of and provide feedback/training for Fund Administrator I. Serves as a primary contact for clients and present to client boards for personal clients as well as those of Fund Administrator I. Key Functions: Expense Management Determine applicable fees based on final contractual terms and establish accruals Analyze and review expense payments before transmission to client for approval Determine appropriate allocation method for invoices Review expense analysis and recommend accrual changes to clients and fund accountants Financial Statements Prepare or direct the preparation of shareholder financial statements to meet GAAP and regulatory requirements Review for accuracy the 40 17G (fidelity bond), N PX (proxy) and 24f 2 (sales) filings Review financial information and other material for prospectus updates Prepare notes to the financial statements based on requirements of the fund and GAAP Fund Distributions Analyze for accuracy the distribution calculation including multi class allocations Board Reporting Prepare draft agendas and materials for board meetings Represent UMB at client board meetings Prepare and present appropriate material at meetings Compliance Testing Identify and prepare required monthly/quarterly SEC, Fund, and IRS compliance tests Review compliance testing results for any breaches that fall outside of acceptable tolerance ranges before presenting to clients. Performance Monitoring Review fund performance data and benchmark comparisons Other Respond to internal and external ad hoc requests Update Client Managers and others as necessary regarding client activities Bachelor's Degree in accounting, finance or related field One year of fund administration experience or related industry experience Fundamental understanding of applying GAAP Demonstrated career progression Understanding of expense budgeting and accruals Ability to facilitate group meetings and/or presentations Performance and results oriented Proficient Microsoft Excel knowledge Demonstrated initiative in a highly regulated, deadline driven environment Strong analytical and critical thinking skills Ability to maintain a strong client servicing relationship Compensation Ranges: US Employees in California, Washington DC, New Jersey, and New York: $62,310 - $90,760 US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin: $56,890 - $83,080 US Employees in all other states not listed above: $51,480 - $75,410 The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information. UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary. Are you ready to be part of something more? You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard. UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to View email address on click.appcast.io to let us know the nature of your request. If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB. #LI-BW1 Who we are We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed. Learn more about UMB's vision Check out the road to a career at UMB