What are the responsibilities and job description for the Accounting Associate position at IMCS?
Tittle: Associate
Location: Wilmington, Delaware, 19809
Duration: 5-6 Months
Duties
- Ensure a best-in-class control environment exists internally in an oversight capacity and externally within our 3rd party administrators
- Partner with internal stakeholders who support the same product set, including our portfolio management, legal, tax, product strategy, corporate accounting and finance and all other necessary groups
- Support the business in the successful launch of new products or the liquidation of legacy products at the end of their stated term
- Review NAVs of the firm’s alternative investment fund products, including detailed review and analysis of key reconciliations and fee calculations.
- Facilitate cash management decision making for portfolio management or middle office teams to ensure proper capital call and distributions are processed timely.
- Product management responsibilities including liaising with funds’ independent auditors, tax providers and administrators to ensure proper close-out of all open inquiries.
- Communicate performance results to investors and resolve investors’ questions.
- Custom reporting and projects for investor specific needs.
- Partnering and communicating with various internal business units regarding fund products and performance data.
- Group project opportunities related to implementation of new product accounting, operational procedures, and planning / evaluating technology enhancements.
- Support the investment and business team with marketing and product launches
Skills:
- 3 to 7 years of relevant investment/fund accounting or public accounting (audit) experience, specifically supporting closed end alternative investment funds, Private Equity a plus.
- BS/BA degree in finance/ accounting, CPA a plus
- Excellent communication skills (written and verbal)
- Strong accounting skills, including knowledge of US GAAP and financial statement presentation for investment companies
- Strong organizational, analytical, problem-solving and planning skills, including the ability to multitask
- Strong technical abilities to guide providers from an accounting decision making perspective with an ability to get in the weeds where necessary with the internal team
- Ability to manage projects, work under pressure and meet deadlines in a fast paced and team oriented environment. Management experience a plus
- Proficient in Microsoft Office products, emphasis on Excel. Experience with VBA is a plus
- Ability to work and deliver results independently, a self-starter