Fund Accountant

Job Description

What is the opportunity?

Responsible for the accounting and fund administration, fund valuation, cash reconciliations, client relations and record management. Completes daily pricing/reporting requirements and regular fund accounting. Analyzes financial information and prepares financial reports to determine or maintain record of financial activities within the organization.

What will you do?

• Calculates daily, weekly and monthly net asset value (NAV) for appropriate funds.
• Prepares monthly cash flow investment activity reports and year-end balances for cash, bonds, equities and other invested assets.
• Reviews bank statements /cash flows; recording bond amortization and interest accrual adjustments, corporate debt accruals and investment expense accruals.
• Monitors and reports on compliance with investment guidelines and statutory regulations.
• Liaises with investment managers, prime brokers and custodians in relation to trading activity as required for transaction processing and NAV preparation.
• Maintains the Fund Accounting System (MPOWER) records for investment transactions, verifying system-generated entries and posting manual entries as necessary.
• Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.
• Implement fund investment policies and strategies

What do you need to succeed?

Must haves:

• Advanced verbal and written communication skills
• Ability to apply fund accounting and mathematical principles to work as needed
• Knowledge of investment guidelines and statutory regulations
• Knowledge of MPOWER or related system
• Advanced user proficiency with computer applications, such as Microsoft Word, Excel and PowerPoint, spreadsheet/financial accounting skills, and any other related accounting software
• Technical skills include the ability to provide guidance and consult clients on assets and/or investments

Nice-to-have: ​

• Knowledge of RBC Dexia financial systems
• Experience in financial services industry
• Canadian Securities Course (CSC)

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

Job Skills

Accounting, Adaptability, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Information Capture, Investment Operations, Mentorship, Operational Delivery, Time Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-18

Application Deadline:

2026-10-02

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$46,000.00 - $70,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.