Fund Treasury Specialist

 

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.

 

We manage approximately $90bn for a client base that includes many of the world’s most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO’s Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.

 

GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.

 

 

We are seeking a Fund Treasury Specialist to join GMO’s Fund Treasury team.  The successful candidate will have at least 5 years of relevant fund treasury experience, whether achieved through previous experience at an investment management company or fund administration service provider. The individual will work closely with others in the team and with service providers on GMO pooled products, with an emphasis on mutual funds and ETFs.  The candidate will develop expertise across GMO’s fund structures and products.

•Responsible for expense accruals and budgeting in collaboration with internal teams and service providers.

•Coordinate expense processing, allocations and tracking for GMO pooled investment products.

•Perform management fee calculations and related calculations for fee waivers, expense reimbursements, and recoupments.

•Work closely with service providers to support accurate and timely processing of treasury-related activity and resolve discrepancies.

•Review treasury-related accounting entries for accuracy and appropriate treatment.

•Review expense-related financial statement disclosures. Prepare and review prospectus and SAI expense disclosures. 

•Respond to auditor’s treasury-related audit requests and inquiries during annual fund audits.

•Responsible for 15(c) board report (in particular fee comparison and fund profitability sections).

•Prepare treasury-related board materials as needed. 

•Support treasury-related activities associated with fund launches and liquidations.

•College degree and at least 5 years of relevant fund treasury experience

•Strong understanding of various mutual fund and ETF structures (knowledge of Irish domiciled Funds and Private Funds a plus)

•Excellent attention to detail and analytical skills

•Ability to collaborate effectively with internal teams and external service providers

•Ability to identify opportunities for process improvements and collaborate on technology and automation initiatives that enhance efficiency, accuracy and controls.

•Sound judgement and the ability to critically assess information, investigate discrepancies, and escalate issues appropriately.

•Very strong organizational skills

•Proven ability to prioritize and manage multiple projects simultaneously while working under time constraints

•Proactive and motivated, able to spot needs and willing to step in and help

•Proficient in Excel 

•Excellent communication skills