I received an offer the other day from MFM Group's BPO department offering me a position as fund accountant. The original e-mail reads as follows:
MFM Group offers a full/part time position of Fund Accountant for United States citizens/legal aliens (Note: Previous experience in accounting is not required).
MFM Group is one of the largest asset management companies with a successful long term commitment history.
MFM Group is an independent, private, owner-managed company since 1996 with offices around the world. At MFM Group, our experience in the alternative investment market is reflected in the structure of our investment vehicles: a family of long-term funds. Today total assets under management are over USD 1.7 billion. A hedge fund and a private equity strategy serve as the cornerstones of our investment activities.
By focusing on opportunities in undervalued equity and assets, MFM Group has brought success to independent and institutional investors for more than a decade. An integral part of our mission is to provide high-quality professional service and superior financial returns to our investment partners and to exercise our fiduciary responsibility with great integrity.
Due to the global financial crisis affecting almost all spheres of businesses, MFM Group has decided to switch its Fund Accounting Department to a remote work rather than cutting it. Our new BPO (Business Process Outsourcing) services and Fund Services department is a breakthrough in a business solutions. We still help clients reach their financial goals by being the world's highest-value provider of investment products and services.
The position of Fund Accountant is currently available. We are giving you an opportunity to learn how to be a professional, grow and get instant benefits in a perfect team of experienced professionals. We excel at matching your skills and experience to the right opportunity for you.
We Offer:
- Full/part time employment
- Annual salary of up to 45.000 USD
- Ability to work remotely from the Headquarters
- Certified professional training
- Free regular seminars
- Great work environment with potential career growth
- Zero cost health insurance, matching 401(k)
The Position Requirements:
- United States citizen or legal alien with a valid permission to work in the United States
- Age 21+
- High school diploma (AA/BS degree is a plus)
- Ability to manage multiple tasks simultaneously/within a strict time frame
- Must be a self-motivated team player
- Professional attitude
- Good oral and writing communication skills
- Basic PC application skills
- Internet savvy
- Candidate must be eager to learn and advance
To learn more about this position please contact the Human Resources Department representative by simply replying to this e-mail:
Urmas.Pelsh@gmail.com . Your request will be forwarded directly to a Recruitment Officer.
So, I replied back with questions about the position and what the requirements are and they emailed me back this e mail:
Greetings, Michelle Faulkner. My name is Michael Philipoff, I'm a Human Resources department representative. According to our company's employment rules and regulations, I would like to discuss your employment terms and conditions; also I will guide you through the first step of the employment procedure.
During the first step I will briefly describe your major responsibilities and take care of the required paperwork. We are an international company that hires USA staff to work remotely from our headquarter office. An accountant is one of the primary figures in our business that handles a large portion of our day-to-day business. While working in the BPO accounting department, you will have an ability to work from home using our Windows and Mac certified web based software.
You will be working via our virtual office system and get access to the employee's area of our web site. I will introduce you to your assigned manager and he will explain to you how to work with our virtual office system in details. Also your assigned manager will supervise you during the whole period of your employment at MFM Group.
Your fund accountant responsibilities at the BPO accounting department will consist of (but not limited to): working with clients, performing financial transactions, preparing month-end and quarter-end statements and reporting to the head office, as well as monitoring and reviewing transaction details and related system reports for accuracy and completeness.
The base salary is $3000 per month, plus an additional 3% commission off of each transaction. Please note: this is a part time employment opportunity with a flexible work schedule. You can apply for a full time position after a 3 month trial period. Your schedule may vary between 2 to 4 hours per day, depending on the amount of our clients.
Please pay attention to the attached contract and read it thoroughly. If you accept the employment terms and conditions, please fill out the attached contract, print it, sign it and fax it to (646) 219-1443. After you fax the signed contract please send us an e-mail marked as "HR request" and attach a scanned copy of some proof of identity, such as the driver's license or the state id.
We believe that confidence is the key to success; we want our employees to grow and be confident regarding their own future. We give you an opportunity to improve your financial knowledge and get free admission to our regular seminars on The EWF Brokerage and Asset management. Get familiar with Mutual Funding, Asset-management, Internet-trading, Mutual Funds, Exchange Traded Funds (ETFs), Bonds, Options, CDs, Index Shares, Unit Investment Trusts, Real Estate Investment Trusts. Seminar period lasts 20 days, afterwards you will be offered to take an exam. If you succeed, you will be offered to join our Brokerage department as a part time position, in addition to your primary job at the BPO Department.
If you have any further questions, please feel free to contact us via e-mail or phone.
Thank you for your interest in MFM Group. We look forward to working with you.
They attached a contract and application for the position.
I would really like to know if this is a scam because it would be a really good opportunity otherwise.
Thanks!