What are the responsibilities and job description for the Investment Accountant (Hybrid) position at Atlantic Group?
Job Overview – Investment Accountant (Hybrid):
Join our client as an Investment Accountant in Newark, DE, where you'll play a pivotal role in managing client and corporate funds. In this hybrid position, you'll oversee critical back-office investment and accounting functions, ensuring accurate reporting, compliance, and operational efficiency while supporting portfolio managers and senior executives.
Compensation: $80,000 - $85,000/year
Location: New Castle, DE
Schedule: Monday to Friday, 9:00 AM to 5:00 PM (Hybrid)
Responsibilities as the Investment Accountant:
- Portfolio Management: Prepare daily cash positions and reports for U.S., Canadian, and U.K. portfolios, supporting portfolio managers and Corporate Treasury.
- Trade Settlements: Facilitate daily trade settlements with custodian banks, resolving discrepancies with brokers and custodians.
- Month-End Close: Prepare journal entries, account reconciliations, rollforwards, and expense analysis to support month-end close.
- Accounts Payable: Process invoices, manage weekly checklists, and ensure liquidity for disbursements.
- Reconciliations: Perform monthly custody reconciliations and address any discrepancies promptly.
- Reporting: Assist in preparing weekly dashboards for executives and contribute to annual tax packages.
Qualifications for the Investment Accountant (Hybrid):
- Education: Bachelor’s degree in Accounting, Finance, or a related field is required.
- Experience: 2 years of experience in Big 4/public accounting, fund accounting, or financial services, with a focus on investment operations or portfolio management.
- Technical Skills: Proficiency in Microsoft Office Suite (Excel, Word, Access) and the ability to learn new software quickly.
- Industry Knowledge: Familiarity with investment processes, trade settlements, cash management, and reconciliation practices.
- Skills: Strong analytical, organizational, and problem-solving abilities, with effective communication and adaptability to manage tasks independently or in a team.
- Compliance Knowledge: Understanding of regulatory and financial compliance requirements.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.
ID #42924
Salary : $80,000 - $85,000
