What are the responsibilities and job description for the Investment Accountant position at Carrillo & Associates?
Investment Accountant
This person will be responsible for resolving cash and position reconciliation exceptions; analyzing security-level accounting information for client portfolio; and ensure accuracy of assets under management and performance values for internal reporting. A key aspect of the role is collaboration and communication with other groups within Investment Operations, Client Service Support and Portfolio Manager teams.
The ideal candidate should be detail-oriented, innovative, and passionate; have ability to take ownership of processes and manage time efficiently; possess analytical and problem-solving skills.
Investment Accounting/Fund Accounting
Loop
Hybrid (in office 4 days a week)
Responsibilities:
- Prepare and analyze GAAP and Statutory investment accounting positions and transactions for all client portfolios
- Prepare analysis of asset recoverability and impairment accounting
- Prepare analysis of cash flows and changes in yields to verify book values and yields
- Identify risks and communicate to reviewers
- Book partnership investment activity, P&L, and valuation via PCAP statements
- Reconcile gross asset value of client portfolios to client accounting service values; work with clients’ accounting services to clear reconciliation exceptions.
- Review monthly income earned on bank loan assets and process required correcting transactions in accounting system
Requirements:
- Bachelor’s degree in finance or accounting.
- 1 years’ accounting experience in financial services, specifically back-office investment operations and/or fund accounting.
- Proficiency in MS Excel (including understanding of complex formulas for large data analytics), Access, Word, etc.
- Team-oriented individual with ability to collaborate with a diverse group.
- Ability to multitask, prioritize and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work.
Preferred Qualifications:
- Currently holding or pursuing CPA (preferrable) or CFA.
- Comprehensive knowledge about fixed income, loans, limited partnerships, and equity securities.
- Experience with PAM for Investments, BlackRock Solutions and/or Wall Street Office or a similar investment system.
- GAAP and/or Statutory accounting for insurance company investments.
Sara Carrillo
Financial Executive Recruiter
Carrillo & Associates, LLC
www.carrillo-associates.com
773-398-6671