At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.
THE ROLE
Using discretion and judgment under the direction of an Assistant Treasurer, Fund Treasury Manager and Fund Treasury Supervisor, performs dividend, expense, product, and securities lending related work with respect to an assigned number of mutual funds.
WHAT YOU WILL DO
- Prepare and monitor fixed and asset based fees, expense caps, fund expense ratios, expense budgets, and additional deliverables as needed. Provide support and review of regulatory reporting requirements to financial reporting and legal departments surrounding financial statement and prospectus filings.
- Discuss fund accounting issues with auditors, compliance and custodian bank personnel if needed.
- Assist in product initiative tasks surrounding fund and share class mergers, launches and closings and in-kind transactions.
- Prepare dividend distribution rates for review by Accounting Manager. Ensure communication of dividend rates, via Press Releases and Daily Rate Memos, is completed in a timely fashion.
- Provide securities lending oversight by reviewing daily reports from lending agents. Items monitored include collateral levels, approved borrowers, and lending limitations.
- Monitor daily As-of Capstock activity, money market yields, and support the defaulted bond tracking process and communicate any necessary adjustments to the custodian bank.
WHAT WE ARE LOOKING FOR
- Bachelor's degree, preferably with a concentration in accounting or other related financial discipline or equivalent experience in the Mutual Fund or Securities Industry.
- Minimum of 0-2 years' experience in fund accounting, or administrative areas of the investment advisor, auditing firm or custodian bank.
- Experience working in a diverse environment where production, controls, and deadlines are required.
- Knowledge of the generally accepted accounting principles, the Internal Revenue Code section on mutual funds, tax preparation experience or the Investment Company Act is desirable.
- Strong analytical, organizational, and written and verbal communication skills.
- Experience or familiarity with MS Excel.
#LI-HYBRID
At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesnt align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.
What we offer
- Generous time-off provided including Responsible time off for many roles, paid company holidays when the US Stock Exchange is closed, plus paid volunteer time
- Family Focus Up to 20 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, adoption assistance, generous caregiver leave
- Health and Welfare Competitive medical, vision and dental plans, plus tax-free health savings accounts with company contributions
- Wellness Programs Robust wellness webinars, employee assistance program, gym reimbursement through our medical plans, fitness center discounts and more
- Life & Disability Benefits Company-paid basic life insurance and short-term disability
- Financial Benefits 401(k) savings plan, Defined Contribution plan- 15% of base salary invested into the Plan, competitive total compensation programs
Applicants must be currently authorized to work in the United States on a full-time basis. This position is not eligible for sponsorship.
MFS is a
hybrid work environment
.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at
617-954-5000
MFS is an
Affirmative Action and Equal Opportunity Employer
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