What are the responsibilities and job description for the Senior Accountant position at Magnetar?
About Magnetar
Magnetar is a leading global alternative asset manager with over $18.6B AUM as of September 30, 2024. We are based in Evanston, IL-just north of Chicago and easily accessible by the "L"-with additional offices in New York, London and Menlo Park, CA.
Grounded in two decades of investing experience, we aim to generate consistent performance for our investors by identifying differentiated investment opportunities and building scalable businesses across our core strategies : Alternative Credit and Fixed Income, Healthcare, Systematic Investing and Venture.
This year, we proudly celebrate our 20th anniversary-a testament to our legacy of innovation, expertise and commitment to our clients and team.
Magnetar employees are among the best in the business at what they do. Our employees thrive on intellectual curiosity, collaboration and identifying creative solutions to complex problems. Our team is made up of highly skilled, passionate professionals who care deeply about delivering results for our investors, our firm and one another. We are proud to foster an inclusive, welcoming environment that empowers each employee to succeed.
At Magnetar, our commitment to our employees matches our dedication to our work. We offer top-tier benefits including comprehensive health, dental and vision insurance, a 401k match, competitive paid time off, wellness programs, daily lunches, and professional development through Magnetar University. We are also passionate about giving back, supporting financial education and community engagement through our Foundation and various volunteer initiatives.
We hope you'll consider joining us as you explore a career at Magnetar!
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
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.
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.
Salary : $75,000 - $150,000
