What are the responsibilities and job description for the Investment Ops Analyst position at Spectra Force?
Title: Investment Ops Analyst Location: Hybrid in Newark, NJ (3 days in office) Duration: 6 months (Possibility of conversion) Job Summary: We are seeking an Investment Accounting Analyst to support the accounting and reporting of alternative investment portfolios. This role is responsible for validating portfolio and transaction-level activity, maintaining accurate accounting records, performing reconciliations, and supporting financial reporting. The ideal candidate will have a strong accounting foundation, analytical mindset, and experience working with investment portfolios in a fast-paced environment. Key Responsibilities: Validate portfolio and transaction-level activity, including: Trade settlements Income payments Corporate actions Deal restructurings Collect and review financial documents related to alternative investments. Analyze financial statements for Limited Partnerships (LPs) and Joint Ventures (JVs). Process cash transactions and ensure accurate recording in accounting systems. Prepare, review, and verify journal entries. Perform reconciliations between subledger systems, general ledger, custody banks, trade systems, and financial statements. Process equity pickup and loss accounting entries. Ensure cash balances in the general ledger accurately reflect bank activity. Monitor data integrity and resolve discrepancies. Prepare reports for internal stakeholders. Participate in analysis, process improvements, and special projects. Support month-end, quarter-end, and year-end accounting activities. Required Qualifications: Bachelor's degree in Accounting, Finance, Economics, or a related field. Strong understanding of accounting principles and financial statements. Excellent analytical, research, and problem-solving skills. Strong organizational and time management abilities. Proficiency with Microsoft Excel and Microsoft Word. Ability to manage multiple priorities and meet deadlines in a fast-paced environment. Strong attention to detail and accuracy. Preferred Qualifications: Experience with Private Equity or Alternative Investments. Familiarity with investment accounting concepts. Experience with investment accounting or financial systems such as: Oracle General Ledger Investran PAM (Portfolio Accounting Management)
Salary : $4,333 - $40,000