Investment management firm in the South Bay is looking for an Investment Accounting Associate Director. This is an exciting opportunity for a manager level accountant to work in the investment management business working for a rapidly growing and fast paced environment.
Perform daily holding reconciliations between investment accounting subledgers to custodian records for investment portfolios.
Ensure all investment accounting functions are performed in compliance with regulatory and GAAP reporting requirements.
Ensure accurate, efficient, and effective processing in accordance to control process.
Assist front office and review and analyze data for completeness, validity and reasonableness. Work independently performing research, and/or quantitative analysis.
Process inter and intra portfolio transfers related to reinsurance requirements.
Process manual transaction related to less liquid asset classes such as: Alternatives, Bank Loans, Private Placements, etc…
Support daily reconciliation process.
Perform compliance reporting as required.
Provide ongoing support to trade operations, other investment accounting teams, front office teams, and other stakeholders.
Ability to act as a mentor to other team members as needed
Bachelor’s degree in Accounting
CPA is preferred
5-10 years of relevant work experience either in public accounting or in industry with an investment accounting role
Experience working in SOC1, NAIC, and SEC regulated environments
Advanced knowledge of all investment types, especially structured securities
Considered to be a SME that can dive into and quickly resolve any issues/anomalies relating to income, amortization/accretion, book value changes, and cash flows
Perform review of several processes and controls to ensure accuracy of financial information and adherence to SOC-1 controls
Good communication, organizational, and strong interpersonal skills; ability to work across all functions/levels as part of a team ability to mentor and teach staff/senior accountants across all aspects of investment accounting functions (income, controls, analysis/review procedures)