Industrial accountant vs fund accountant

Differences between industrial accountant and fund accountant duties and responsibilities

Industrial accountant example responsibilities.

• Manage accounting operations, accounting close, account reporting and reconciliations.
• Automate accounting processes via excel - bank statement reconciliations, recurring journal entries etc.
• Collaborate with payroll conversion process from ADP to PeopleSoft; performing parallel testing and confirming accuracy of payroll information in PeopleSoft.
• Respond to questions from business units regarding general accounting and/or PeopleSoft system matters and investigate and resolve GL accounting inconsistencies.

Fund accountant example responsibilities.

• Manage fund accounting activities for five funds for an investment manager with $80b in AUM.
• Manage accoutningtransition from Quickbooks to Yardi.
• Prepare internal financial reports for treasury manage accounts include in external compliance reports.
• Record efficiently accounting records, securities positions, corporate actions and journal entries accordance with department policies and procedures.
• Process complex transactions for foreign and domestic bonds, equities, futures, and options.
• Prepare annual and semi-annual financial statements using GAAP.
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