Confidential · 5 hours ago
Investment Accountant
Conshohocken, PA
Full-time
Hybrid
Mid Level
$45/hr - $51/hr
3+ years expConfidential company specializes in Alternative Investment Services and is seeking an Investment Accountant to support their AIS Team. The role involves operations and portfolio management support for Hedge Fund Solutions and requires detailed knowledge of accounting and operations for various investment vehicles.
Staffing & Recruiting
Hiring Manager
Eric Lee
Responsibilities
Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks, ensuring proper settlement of transactions, including cash distributions and receipts
Developing significant level of expertise of the holdings, terms and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios
Overseeing third party service providers in posting activity to the portfolios’ general ledger and maintaining portfolio activity in AIS’s parallel portfolio accounting system, Investran
Reconciling transactions, valuations, management fees, performance fee/carried interest calculations, P&L components, and other activity between Investran and the third party service provider's records on a monthly/quarterly basis to ensure accuracy
Verifying accuracy of investor capital account balances, NAV allocations, and capital activity on a monthly/quarterly basis
Preparing or reviewing monthly performance reports for investment management and clients using valuations from underlying investments, cash balances, and derivatives valuations
Reviewing daily cash reconciliations performed with multiple custodian banks and ensuring outstanding items are resolved on a timely basis
Tracking email correspondence within the AIS Team’s group mailbox and escalating time sensitive correspondence to the appropriate internal parties
Providing regular daily support and responding to numerous ad hoc requests from investment management, investors, and other internal and external stakeholders
Providing support for the AIS Team’s product, regulatory, and other audits; assisting with preparation of materials for periodic board of director meetings; assisting with review of offering documents for new products and supporting other areas of product development, as needed
Working effectively with third party service providers and internal parties to ensure a high level of service for the AIS Team’s products; raising service issues in an appropriate manner and following up issues to resolution; creating or enhancing processes to improve the efficiency of the AIS Team
Performing other related functions or responsibilities as needed or assigned
Qualification
Required
A minimum of three to five years of investment accounting experience
Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner
Detail-oriented and highly motivated
Ability to work effectively with minimal supervision
Role is Hybrid and will require in office attendance 3 days/week
Preferred
Bachelors degree, or equivalent, in Accounting, Finance, or related business field is preferred
Prior experience in alternative investment operations is preferred but not required; knowledge of hedge fund or private equity fund accounting, or experience with Investran, is a plus
Company
Confidential
Centralizing All Types Of Next Opportunities For You In One Place.
Vancouver, US
2-10 employeesFunding
Current Stage
Early StageCompany data provided by crunchbase