Brandon Devore
Salem,United States
Summary
Accomplished Fund Accountant with a strong track record in financial reporting and compliance for multi-billion-dollar portfolios. Streamlined workflows to achieve over 60% reductions in reporting times, ensuring accuracy in SEC filings and GAAP adherence. Foster collaborative relationships across teams to enhance operational efficiency and drive organizational growth.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Senior Accountant, Fund Administration
TrailMark Fund Solutions
Beachwood, USA
01.2024 - Current
- Prepare detailed financial reporting packages, including SEC filings (N-CSR, N-CSRS, N-CEN, N-PORT), financial statements, and notes, ensuring compliance with SEC and GAAP regulations for multi-billion-dollar portfolios.
- Executed comprehensive fund accounting tasks during monthly, quarterly, and annual closing cycles, ensuring timely and accurate financial reporting through budget analysis and general ledger reconciliation.
- Collaborate with cross-functional teams, including Tax, Publishing, and Audit, to streamline fund reporting processes and enhance stakeholder communications.
- Led preparation of regulatory forms and board materials, guaranteeing accurate and timely submission of all documentation.
- Conduct variance analysis and expense forecasting, providing strategic insights that support informed decision-making and financial planning.
- Implemented process improvements to optimize workflows and enhance accuracy, reducing reporting timelines and increasing operational efficiency.
Fund Accountant
Juniper Square
San Francisco, USA
01.2023 - 01.2024
- Managed investor reporting and communication for over two hundred investors, facilitating capital calls and distributions to ensure timely and accurate investor engagement.
- Prepared detailed quarterly and annual investor statements, guaranteeing accurate allocations and timely distribution.
- Assisted in monthly NAV calculations, ensuring precise fund valuations and compliance with industry standards.
- Reconciled daily cash activities and prepared comprehensive cash activity reports for five clients, encompassing all associated funds to ensure accurate tracking of fund performance.
- Conducted management fee calculations in accordance with fund agreements, maintaining transparency and accuracy in fee structures.
- Executed waterfall calculations, ensuring alignment with side letters and tiered carried interest, enhancing the accuracy of investor payouts.
- Compiled and prepared quarterly and annual financial statements for stakeholder review, enabling informed investment decisions and enhancing transparency.
- Supported fund expense reporting and analysis to optimize financial oversight and enhance budget management.
- Identified and resolved critical accounting and reporting issues, ensuring operational integrity and compliance with industry standards.
Senior Fund Accountant, Fund Reporting
Fidelity Investments
Westlake, USA
01.2010 - 01.2023
- Prepare comprehensive financial reporting packages, including SEC filing documents such as quarterly, annual, and semi-annual reports, encompassing Investment Summary, Financial Statements, and Notes to Financial Statements.
- Implement process improvements on centralized operations to enhance efficiency, streamline workflows, and reduce processing times by over 60%.
- Authored over thirty comprehensive procedure documents to guide accounting practices and ensure consistency, while implementing process improvements to enhance operational efficiency.
- Systematically adjust accounting journals and positions to reflect changes impacting month-end NAV calculations accurately.
- Analyze and audit monthly journal entries and fund positions for various transactions, including stocks, bonds, swaps, ETFs, and complex trading activities. This resulted in a 10% reduction in errors.
- Verify ending fund positions and perform account balance corrections to ensure that ending security holdings align with Custody Office records.
- Calculate, adjust, and report daily net asset values for a portfolio of over two hundred funds, ensuring accuracy and compliance.
- Research and reconcile daily cash breaks, fund accounting discrepancies, and process corporate actions to maintain financial integrity.
Education
Master’s in Science - Accounting
Maryville State University
St. Louis, MissouriDual Bachelor’s - Accounting and Finance
Arkansas State University
Jonesboro, ArkansasSkills
- Regulatory compliance
- SEC compliance oversight
- SOX standards
- SEC filings
- Regulatory reporting
- Tax compliance
- Financial analysis
- Budgeting and forecasting
- Cash flow
- GAAP compliance
- Advanced Excel functions
- NetSuite proficiency
- Data migration and integration
- SOP management
- Staff training
Certification
• Certified Sarbanes-Oxley Expert (CSOE), Sarbanes-Oxley Compliance Professionals Association (SOXCPA), https://www.sarbanes-oxley-association.com/Gary_Brandon_DeVore.html
• ProAdvisor Level 2 QuickBooks Online Certification, Intuit,
• ProAdvisor QuickBooks Payroll Certified, Intuit,
• ProAdvisor Level 2 QuickBooks Online Certification, Intuit,
• ProAdvisor QuickBooks Payroll Certified, Intuit,
Personal Information
Title: Senior Fund Accountant
Timeline
Senior Accountant, Fund Administration
TrailMark Fund Solutions
01.2024 - Current
Fund Accountant
Juniper Square
01.2023 - 01.2024
Senior Fund Accountant, Fund Reporting
Fidelity Investments
01.2010 - 01.2023
Master’s in Science - Accounting
Maryville State University
Dual Bachelor’s - Accounting and Finance
Arkansas State University