Lenmar Consulting Inc · 16 hours ago
Investment Accountant - West Conshohocken, PA
West Conshohocken, PA
Full-time
Hybrid
Mid, Senior Level
$51.86/hr - $51.86/hr
3+ years expLenmar Consulting Inc is seeking an Investment Accountant for a W2 Contract opportunity. The role involves supporting the Alternative Investment Services Team and managing operations and portfolio management activities for Hedge Fund Solutions funds and separately managed accounts.
Information Technology & Services
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
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
Lenmar Consulting Inc
Established in 1998, Lenmar’s Professional Services (Contingent/SOW Staffing & Managed Services) provides highly-skilled financial services professionals (contract/contract-to-hire/permanent) and helps clients to keep or bring back challenging projects in-house by bridging the technology and domain skills gap.
501-1000 employees
H1B Sponsorship
Lenmar Consulting Inc has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (11)
2024 (10)
2023 (8)
2022 (14)
2021 (16)
2020 (33)
Funding
Current Stage
Late StageCompany data provided by crunchbase