What are the responsibilities and job description for the Investment Accounting Analyst position at Verger Capital Management?
Company Description
Located in Winston-Salem, North Carolina, Verger Capital Management LLC is an outsourced Chief Investment Officer (OCIO) firm dedicated to providing investment management services to non-profit institutions. Through our advisory services, we seek to serve institutions in their philanthropic endeavors, whether that means the ability to award scholarships to students, provide grants for research, or offer valuable services to their respective communities.
Founded in 2014, Verger was formed from the Wake Forest University Office of Investments to manage the university’s endowment. We manage over $3 billion in assets across our non-profit clients and are seeking to grow our talented team of professionals.
Since inception, Verger has been committed to building an inclusive culture that encourages diversity of thought and respect for the needs of our clients and community. Our team is comprised of experienced and dedicated individuals who are driven by the opportunity to grow and shape the future of the firm. Our mission is to “invest in the lives of others” and we do that through hard work and a sense of community among our team and our clients. In addition to a strong culture, Verger also offers its employees competitive compensation plans, generous PTO and work-life harmony, medical/dental/retirement plans, professional development and educational benefits, and the opportunity to earn an interest in the company.
Overview:
The Investment Accounting Analyst is a key member of Verger’s operations team and reports directly to the CFO. This position supports investment accounting, data management, client reporting, and performance reporting of investments managed by the firm. The Investment Accounting Analyst must possess strong computer, analytical and organizational skills, attention to detail, and the ability to work well in a team environment.
Essential functions include:
- Support the firm’s performance reporting platform, maintain data within the system ensuring data integrity and accurate outputs, and generate reporting out of the platform.
- Monitor the accuracy of portfolio valuations, trades and cash flows.
- Perform periodic account reconciliations.
- Authenticate performance files and verify data to be used in external reporting.
- Monitor and resolve any issues related to the transfer of data between external partners including firm’s administrator, custodian and performance platform.
- Support annual tax and audit reporting requirements.
- Assist with operational compliance tasks.
- Collaborate across all functions of the firm.
The ideal candidate will possess:
- High level of integrity, a proactive entrepreneurial mindset, and the ability to work in a dynamic team environment.
- Excellent quantitative and analytical abilities, strong attention to detail; a high degree of accuracy is required.
- Self-motivated with the ability to manage time effectively, set priorities and meet deadlines.
- Maintain a positive attitude and willingness to take on new challenges.
- Ability to manage multiple tasks under pressure and demonstrate sound judgement and discretion in a potentially stressful environment.
- Strong communication skills, with attention to detail and ownership of final deliverables.
- Desire to work in a small team environment.
- Proficiency in Microsoft products, database management, and experience with Client Management Systems strongly preferred.
- Bachelor of Science or Bachelor of Arts degree.
This position is located in Winston-Salem, North Carolina.
Verger is committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion. We value our employees for their unique talents and abilities and embrace and encourage our employee’s differences in backgrounds, experiences, race, color, religious creed, sex, national origin, ancestry, citizenship status, family or marital status, physical, mental and/or intellectual abilities, age, military or veteran status, registered domestic partner or civil union status, gender and gender identity, sexual orientation, political affiliation, and socio-economic status. All employees are valued for their individual differences and the unique contributions that help us achieve our business goals.