Hello People,
I am currently working as a Fund Accountant in Canada and I am about to file for my PR.
I have couple of questions:
I had joined a company as Financial Reporting Specialist on September 12th. I was on contract but on the payroll of company and i have received all the pay-stubs, employment confirmation, and experience letter along with job responsibilities from the same company.
The date it shows is September 12th, 2016 to April 8th, 2017.
Immediately on April 10th, 2017(Monday), I joined another company where am currently working as a Fund Accountant. My employment mentions April 10th, 2017 as my joining date. Also, they have provided me a letter of joining along with list of job responsibilities.
Q1. So after September 12th, 2017 can we say am eligible under CEC? Or do i have to complete one year at the existing company?
Q2. I am not sure which NOC code applies to me. Following are my job duties:
Employment #1: September 12th, 2016 to April 8th, 2017
Alternative Investments Financial Reporting Specialist:
Responsible for preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with U.S. Investment Company GAAP requirements for alternative investments funds (Hedge, Private Equity and Real Estate).
Set up and maintain reporting binders for each fund during a reporting cycle:
· Ensure all documentation used to calculate and support all financial statement disclosures is received and is accurate. Research and resolve all issues as applicable.
Prepare periodic financial statements:
· Perform planning procedures in order to identify any issues prior to the reporting cycle commencing and work with applicable parties to resolve.
· Perform a detailed review of the general ledger balances, identifying issues and initiating the resolution of those issues with applicable parties.
· Ensure the accuracy and reasonability of amounts disclosed in the financial statements.
· Draft financial statements disclosures based on generally accepted accounting principles (“GAAP”) requirements.
· Follow all procedures regarding financial statements preparation and sign off on all the required checklists.
· Recommend and implement enhancements to procedure based on knowledge and experience obtained during preparation process.
· Ensure adherence to the financial statements production calendar.
Co-ordinate the receipt of comments on financial statements drafts from external (and internal) parties. Ensure the timely research, resolution and processing of comments.
Test new Financial Reporting applications and financial statement templates. Identify and resolve as they arise. Suggest process improvements (enhanced automation, etc.).
Employment #2: April 10th, 2017 to present:
Fund Accountant:
The Fund Accountant is responsible for preparing financial reports, in an international and dynamic environment, for our clients who consist of investment managers and institutional investors within those Hedge Funds.
Job Duties:
· Prepare periodical financial reporting for the Hedge Funds, including the determination of “Net Asset Value” and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
· Execute the financial control elements covering assets, liabilities, income and expenses, and equity
· Independently complete income and expense allocations including calculating asset based and performance fees
· Maintain contact with Investment Managers, banks, Custodians and Brokers
· Monitor Compliance with various client service agreements
· Assist with new client onboarding & new fund launches to successful completion
· Participate in the fiscal year end audit process and provide information to auditors as required
· Liaise with internal and external parties to ensure that client needs are met
· Assist with ad hoc projects
Considering the above job responsibilities could anyone please help me with the NOC code.
Thanks,
Kavee.
I am currently working as a Fund Accountant in Canada and I am about to file for my PR.
I have couple of questions:
I had joined a company as Financial Reporting Specialist on September 12th. I was on contract but on the payroll of company and i have received all the pay-stubs, employment confirmation, and experience letter along with job responsibilities from the same company.
The date it shows is September 12th, 2016 to April 8th, 2017.
Immediately on April 10th, 2017(Monday), I joined another company where am currently working as a Fund Accountant. My employment mentions April 10th, 2017 as my joining date. Also, they have provided me a letter of joining along with list of job responsibilities.
Q1. So after September 12th, 2017 can we say am eligible under CEC? Or do i have to complete one year at the existing company?
Q2. I am not sure which NOC code applies to me. Following are my job duties:
Employment #1: September 12th, 2016 to April 8th, 2017
Alternative Investments Financial Reporting Specialist:
Responsible for preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with U.S. Investment Company GAAP requirements for alternative investments funds (Hedge, Private Equity and Real Estate).
Set up and maintain reporting binders for each fund during a reporting cycle:
· Ensure all documentation used to calculate and support all financial statement disclosures is received and is accurate. Research and resolve all issues as applicable.
Prepare periodic financial statements:
· Perform planning procedures in order to identify any issues prior to the reporting cycle commencing and work with applicable parties to resolve.
· Perform a detailed review of the general ledger balances, identifying issues and initiating the resolution of those issues with applicable parties.
· Ensure the accuracy and reasonability of amounts disclosed in the financial statements.
· Draft financial statements disclosures based on generally accepted accounting principles (“GAAP”) requirements.
· Follow all procedures regarding financial statements preparation and sign off on all the required checklists.
· Recommend and implement enhancements to procedure based on knowledge and experience obtained during preparation process.
· Ensure adherence to the financial statements production calendar.
Co-ordinate the receipt of comments on financial statements drafts from external (and internal) parties. Ensure the timely research, resolution and processing of comments.
Test new Financial Reporting applications and financial statement templates. Identify and resolve as they arise. Suggest process improvements (enhanced automation, etc.).
Employment #2: April 10th, 2017 to present:
Fund Accountant:
The Fund Accountant is responsible for preparing financial reports, in an international and dynamic environment, for our clients who consist of investment managers and institutional investors within those Hedge Funds.
Job Duties:
· Prepare periodical financial reporting for the Hedge Funds, including the determination of “Net Asset Value” and prepare the Statement of Asset and Liabilities and Profit and Loss Statement
· Execute the financial control elements covering assets, liabilities, income and expenses, and equity
· Independently complete income and expense allocations including calculating asset based and performance fees
· Maintain contact with Investment Managers, banks, Custodians and Brokers
· Monitor Compliance with various client service agreements
· Assist with new client onboarding & new fund launches to successful completion
· Participate in the fiscal year end audit process and provide information to auditors as required
· Liaise with internal and external parties to ensure that client needs are met
· Assist with ad hoc projects
Considering the above job responsibilities could anyone please help me with the NOC code.
Thanks,
Kavee.
