TTI of USA · 21 hours ago
Fund Accountant - Non Exempt
Pittsburgh, PA
Full-time
Hybrid
New Grad, Entry Level
$25/hr - $30/hr
0+ years expTTI of USA is seeking an entry-level accountant to support bank loan position servicing within mutual funds. The role involves preparing daily reconciliation processes and managing lifecycle events for bank loans, while working closely with senior team members and internal partners.
Bookkeeping and PayrollCRMDeliveryHuman ResourcesInformation TechnologyStaffing Agency
Responsibilities
Assist with core lifecycle activities for bank loan positions within mutual funds:
Process trade settlements and funding tasks
Process daily interest accruals and tie back to the accounting system ledger
Process paydowns, restructures, and amendments
Process bank loan fees as per the sub-ledger or custody cash posting
Perform daily cash and position reconciliations across accounting systems, administrators/custodians, and sub-ledger data; add comments for breaks and assist in resolution or escalation
Prepare accounting system transaction loaders for basic journal entries and supporting schedules; ensure tie-outs and clear audit trails under standard procedures
Support month/quarter-end close activities: follow cutoff timelines, prepare variance explanations, and contribute to certifications and control attestations
Maintain checklists, SOPs, and control documentation related to loan lifecycle events, reconciliations, and NAV processes
Collaborate with Clients, Portfolio Management, NAV Operations, Custody, Loan Administration, Compliance, and Technology; communicate clearly and professionally
Track exceptions and assist in root-cause analyses; contribute ideas for process improvements, data quality checks, and simple automation (primarily in Excel and self-service tools)
Support ad hoc requests, regulatory/audit inquiries, and change initiatives impacting bank loan workflows, systems, or reporting
Qualification
Required
Bachelor's degree in Business, Accounting, Finance, Economics, or Mathematics
0–3 years of experience in fund accounting, investment operations, or a related field; internships or co-ops in asset management a plus
Basic understanding of mutual fund accounting concepts under U.S. GAAP; willingness to learn bank loan mechanics and NAV principles
Foundational reconciliation skills (cash and positions); ability to follow procedures to research and clear breaks
Proficiency with Excel (formulas, pivot tables, lookups); eagerness to build advanced skills and maintain audit-ready workpapers
Exposure to Solvas is helpful; strong aptitude to learn new systems and workflows quickly
Strong attention to detail, organizational skills, and documentation discipline; ability to meet daily deadlines in a fast-paced environment
Clear and professional communication skills; collaborative, proactive, and receptive to feedback
Preferred
CPA eligibility or interest in professional certification is a plus (not required)
Company
TTI of USA
TTI of USA is a staffing and recruiting company specializing in IT solutions and payroll services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jaerene Medeiros
Chief Executive Officer
Company data provided by crunchbase