Analyst - Fund Operation

Responsibilities Operational Support and Reconciliation Review and verify trade and transaction activity against control files; Perform cash and position holdings reconciliations (e.g. between Systems, Brokers, FCM s and Custodian s). Match Custodial and Counterparty data with fund accounting book of records on FIS Invest One. Use data from custodians and FCMs/counterparties daily for reconciliation of cash and positions. Perform Level 1 Reconciliations. Establish and implement criteria for break prioritization and escalation to Des Moines as needed. Excluding breaks on bank loans and SWAPs as that will remain with the Des Moines team. Perform Tax and shadow accounts, support audit confirmations, security master builds, investment rollforwards, monthly balancing support and non-custodial asset certifications Monitor email and Teams chat with IT for ETF source file issues and coordinate with IT to provide them with source documents if necessary. Review ETF Holdings files posted to PrincipalAM.com each morning to verify trades executed the prior business day are included in the ETF Holdings files and make any necessary adjustments. Review specific data points posted to PrincipalAM.com to ensure accuracy and timely posting to the website and coordinate with IT team to correct any discrepancies. Review comments entered on each ETF order to ensure compliance with Basket Policies and Procedures. Review securities delivered in-kind for an ETF create or redeem order to the ETF holdings that was available on PrincipalAM.com the day of the order as well as the basket that was published for trading. Monthly data gathering and validation Conduct daily meetings with or provide daily reporting to the Home office team to escalate and address any issues that have a potential impact on the daily NAV. Meet daily deadlines for reconciliations, trade interface, shadow accounts and security master builds in order to prevent delays in NAV calculations. Management Reporting Clearly communicate progress, research findings and effects of such items on the funds to team members as appropriate. Prepare and distribute management reports that details breaks, complete with aging and NAV impact on breaks. Assist in the compilation of information in preparation of monthly and quarterly reporting and semi-annual and annual fund reports and audits. Provide guidance and training to junior associates in fund accounting principles and processes. Perform other job-related duties or special projects as required Identify opportunities and solutions to improve workflow, procedures and processes with a focus on increasing efficiency and accuracy and eliminating pain points; present ideas to the team and if supported, communicate (verbally and via written documentation) changes. Take initiative to research new situations that arise and communicate findings/learnings with the team. Ensure accurate and timely documentation of processes in Standard Operating Procedures. Foster an environment of Collaboration both within and outside of the function to drive & lead strategic change Continually seek to improve the quality of the reconciliations and the auto-matching rate. Qualifications Bachelors degree, or equivalent, in accounting, finance, or business required Overall, 2-4 years work experience & minimum 2+ years of relevant experience in Fund Accounting domain. Working knowledge of all security types including equities and fixed income instruments Demonstrated analytical, problem solving, time management, decision making, interpersonal and communication skills is required. Additional Information Good understanding of 40 Act funds, including ETFs, and NAV sensitivity Must be detail oriented, able to maintain a high degree of accuracy, work independently, meet established deadlines, handle multiple tasks and prioritize effectively