Job: Financial Reporting Analyst

Jobing Description

Job Description

Job Title:
Financial Reporting Analyst
Job ID:
20179
Location: Boston

Full/Part Time:
Full-Time
Regular/Temporary:
Regular



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Org Marketing Statement
Brown Brothers Harriman & Co. (BBH) is the oldest and largest private bank in the United States with 16 offices across the globe and more than 4,000 employees worldwide. BBH has stood for service excellence, financial success, and sound business practices for over 200 years. Today we are an award-winning provider of financial services to the world s most sophisticated financial institutions, leading private companies, and high net worth individuals. World-renowned services include global custody, foreign exchange, securities lending, fund administration, and securities brokerage.

At BBH, we understand that if we are to continue to compete for the best clients, we must attract the best people and give them the encouragement and opportunity to develop their talents. When you join BBH, you're joining a team of high-performing, dedicated, and caring people who identify with the distinct culture and are determined to keep it fresh, distinctive and highly relevant for the benefit of our clients. The firm prizes diversity of opinion, independent thought, and objectivity, and service to others. This philosophy has been the foundation for customer relationships which can date back a century or more. In this environment, each person can make an impact. BBH is owned by several partners who are active in the business. The essence of a partnership is the union of teamwork with individual responsibility. BBH culture therefore promotes the idea of constant self-assessment, goal-setting, and transparency of opportunities to create multiple career path options for employees. BBH stands for exceptional service to clients, and also to one another. It s a place where one can still find high-touch along with high-tech. For example, BBHers enjoy strong internal networks, informal mentoring and relationships with senior executives; at the same time employees can take advantage of an on-line, self-directed career development intranet site.

BBH is an affirmative action, Equal Employment Opportunity employer.
Responsibilities
We are currently seeking a Financial Reporting Analyst for our Fund Administration's Financial Reporting Team. The Financial Reporting Analyst prepares drafts of annual, semi-annual and quarterly financial statements and Forms (N-SAR, N-Q24F-2, and N-CSR) for registered investment companies. The position provides support to senior team members and managers in connection with fund expenses and general fund financial information and also completes various projects as assigned by the Financial Administration Manager.

Areas of responsibility include the following:

1. Financial Reporting
Draft annual, semi-annual and quarterly financial statements and Forms N-SAR, N-Q24F-2, and N-CSR for registered investment companies, as well as timetable calendars for such statements.
Prepare fund expense proformas.
Review fund expenses and accruals; coordinate accrual adjustments with the client and financial reporting team.
Prepare fund expense invoices for authorization and review.
Work with the Fund Administration Manager in board book and procedures manuals preparation.
Report and communicate performance data to fund management and industry publications.
Develop and maintain a working familiarity with applicable laws, regulations and interpretations governing financial statements and disclosure, including the Investment Company Act of 1940, the Internal Revenue Code, GAAP, Regulation S-X and other applicable requirements.
Maintain awareness of regulatory changes effecting funds.
Communicate appropriately with the Fund Reporting Supervisor with respect to all timetables and workflow, and communicating to the extent appropriate about all relevant matters with other department members within BBH.
2. Technology/Innovation/Productivity
Develop and maintain a working knowledge of EDGAR and Merill Reports.
Evaluate and suggest enhancements to Eagle/OMEGA (BBH's Fund Accounting system) and Merill Reports to automate procedures for financial reporting and compliance purposes.
Communicate appropriately with the Financial Reporting Supervisor with respect to all timetables and workflow.

3. Teamwork
Perform special projects as directed by the Fund Reporting Supervisor.
Assist in the review of work completed by junior level staff members with regard to internal policies, procedures and systems as required.

Primary internal and external contacts:
Client servicing departments to interpret, exchange, translate, and analyze information.
Respond to and troubleshoot routine client inquiries.
Qualifications
Education level and relevant experience:
BA/BS degree and/or equivalent work experience; Business related concentration is preferable.
3 to 5 years of mutual fund accounting or related mutual fund experience including 1 to 2 years of prior financial reporting experience.
Knowledge and skills:
Highly organized, detail oriented, self-motivated.
Proven ability to problem solve and recommend solutions.
Strong aptitude for accuracy and attention to detail.
Capable of monitoring and completing a variety of projects simultaneously.
Strong verbal and written communication skills.
Strong interpersonal skills.
Willingness and ability to work in a client-driven, deadline oriented environment.



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