Senior Accountant

About Magnetar

Magnetar is a leading, global alternative asset manager with over $18.6B AUM as of September 30, 2024. Grounded in nearly two decades of investing experience, we focus on delivering positive outcomes for our investors by seeking to generate consistent performance across a variety of market conditions through our core businesses: Alternative Credit and Fixed Income, Healthcare and Systematic Investing. We are based in Evanston, IL with additional offices in New York and London.

Magnetar employees are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy collaborating and implementing innovative ideas. Our employees have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for our investors, the firm and for each other. We work hard to foster an inclusive and welcoming environment where employees are empowered to thrive.

We are purposeful about investing in our employee’s health, well-being and firm culture. When you work at Magnetar, you will receive premier health care benefits, eligibility to enroll in a 401(K) savings program with employer match, unlimited PTO, lunch onsite, access to mental and physical wellness programs, the opportunity to participate in employee affinity groups with curated programming and networking events, and much more.

Position Overview

We are seeking a dynamic and experienced Accounting professional to join our Corporate Finance team at Magnetar. As a Senior Accountant, you’ll be part of a growing team and will play a key role in revamping processes pertaining to key business elements, including complex, reporting, and best-practices around working with team constituents. This person should be a self-starter and will be expected to take initiative around ad hoc analysis and other improvements.

Responsibilities

• Maintain a high degree of visibility into the workings of the firm.
• Monitor cash receipts for completeness and follow up on outstanding revenue items.
• Maintaining the books and records of Magnetar’s management company entities
• Participate in audits throughout the year.
• Prepare annual financials, quarterly reporting and work with the team to provide necessary audit support.
• Coordinating with other groups within Management Company Finance and the firm to produce deliverables and create efficiency in internal processes
• Assisting in the preparation of annual and quarterly reporting including any necessary filings, including a NY Commercial Rent Tax Return, Use Tax Filing, UK VAT filing with HRMC and other Passthrough and State Tax filings etc.
• Develop reporting as needed and provide to management on a regular basis.
• Various other tasks as needed, including ad-hoc analysis.
  
  

Qualifications

• This position requires a Bachelor's degree in Accounting, plus 5-10 years of professional experience as an Accountant or related role.
• CPA required.
• Must have professional experience with the following:
• Conducting financial audits
• Using Microsoft Office, including Excel, Word, and PowerPoint, NetSuite general ledger systems and Concur to prepare financial reports
• Completing regulatory reporting requirements
  
  

The annual base salary range for this position is $75,000 to $150,000 USD. The actual base salary will depend upon the candidate’s relevant experience, qualifications, skills, business needs and market. This role may be eligible for a discretionary bonus and if awarded is based on a variety of factors including firm and individual performance. Magnetar provides a competitive benefits package that includes health, dental, and vision insurance, 401(k) match, competitive PTO, and other generous benefits.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.