Analyst, Open-end Fund Accounting
Title: Analyst, Open-end Fund Accounting
Industry: Financial Services – Investment Management
Location: Downtown LA – Hybrid
Overview: Pacific Executive Search has been engaged on a search for an Analyst, Open-end Fund Accounting in Downtown LA. You would be responsible for maintaining the books and records for open-end funds and separate accounts, as well as reporting to clients and the portfolio group, requiring a minimum of 3 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience. This role offers the opportunity to gain valuable experience in overseeing fund-related efficiency and automation projects, working with a global leader in Financial Services – Investment Management, and contributing to a collaborative, inclusive, and diverse work environment.
Description:
**Responsibilities**
- Manage the monthly closing process for separately managed accounts, commingled open funds, and employee funds, including reconciling portfolio data, calculating management fees, and accruing expenses.
- Supervise the reconciliations and other tasks completed by offshore service providers.
- Review quarterly and annual financial statements prepared in accordance with U.S. GAAP.
- Ensure compliance with financial reporting controls and document evidentiary matter for Sarbanes-Oxley requirements.
- Coordinate interim and annual financial statement audit fieldwork with external auditors.
- Review fund and client-specific performance calculations.
- Assist in preparing ad-hoc requests from client services and the investment team.
- Oversee efficiency and automation projects related to funds.
- Perform additional tasks as needed.
**Qualifications**
- At least 3 years of relevant accounting or audit experience in Big Four public accounting or a combination of public accounting and investment management industry experience.
- Strong understanding of reconciliation and account analysis.
- Excellent knowledge of accounting and application of relevant investment company accounting rules.
- Strong analytical skills to resolve complex problems.
- Proficient in Microsoft Excel, Word, and PowerPoint.
- Experience with Geneva and/or Geneva World Investor accounting systems preferred.
- Experience with PowerBI, Alteryx, or other data analytical tools a plus.