GMO · 2 months ago
Fund Administration Specialist
Boston, MA
Full-time
Hybrid
Mid, Senior Level
$85K/yr - $100K/yr
5+ years expGMO is a global investment manager committed to delivering superior long-term investment performance. The Fund Administration Specialist will be responsible for expense accruals, budgeting, and processing for mutual funds and ETFs, while collaborating with internal teams and service providers.
Asset ManagementFinanceImpact Investing
No H1B
Responsibilities
Responsible for expense accruals and budgeting. Work with internal groups for expense budgeting and expense forecasting
Responsible for expense processing, allocations and tracking for mutual funds and ETFs
Perform management fee calculations which include complexities such as reimbursements, waivers and recoupments
Work closely with service providers to ensure accurate and timely processing
Understand accounting entries as they relate to treasury functions
Review financial statements for expense-related disclosures. Prepare and review prospectus and SAI expense disclosures
Respond to auditor’s treasury related questions during annual audits
Responsible for 15(c) board report (in particular fee comparison and fund profitability sections)
Support board reporting including preparation of board materials as needed
Participate in fund launches and liquidations as needed
In addition to the above responsibilities this position position will also be involved in the review of annual and semiannual financial statements, and monthly/quarterly schedule of portfolio holdings for SEC registered funds (mutual funds and ETFs), hedge funds (onshore and offshore), Australian domiciled funds and Irish domiciled funds
Qualification
Required
College degree with at least 5 years direct experience
Strong understanding of various mutual fund and ETF structures
Excellent attention to detail and analytical skills
Team player
Ability to identify and implement process improvements
Use of professional skepticism when appropriate
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
Benefits
Medical insurance
Dental insurance
Life insurance
Long-term disability coverage
A 401(k)/profit-sharing retirement plan
Open paid time off
Leaves of absences
Dependent care resources
Tuition reimbursement
Charitable gifts matching
Flexible spending accounts
Commuter benefits
Company
GMO
GMO is a global investment management firm committed to providing sophisticated clients with superior asset management solutions.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Deborah Ng
Head of ESG & Sustainability
Recent News
2025-11-19
2025-11-01
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