What are the responsibilities and job description for the Investment Accountant position at MSU Research Foundation?
The Investment Accountant’s position reports to and receives support from the Director of Finance who oversees the financial functions of the Foundation and its subsidiaries. The Investment Accountant is responsible for performing all accounting functions for the Venture investment portfolios, including portfolio performance reporting.
This role also involves working independently as well as collaborating with other team members on various projects and initiatives related to the Foundation enterprise.
Responsibilities:
- Coordinate and manage all aspects related to the general ledger accounting for the Red Cedar Ventures (RCV) and Michigan (MI) Rise investment portfolios, ensuring compliance with GAAP.
- Monthly close-outs, reconciliation, and analysis of investment portfolios and notes.
- Collaborate with Red Cedar Venture team to collect portfolio data and updates.
- Manage data required by loan management and investment performance software.
- Prepare reports and material as needed by the RCV and MI Rise teams, Foundation’s Investment Analyst, and Foundation leadership.
- Prepare and assist with reports and analysis needed for the annual audit.
- Maintains accounting controls by preparing, recommending, and documenting policies and procedures to comply with internal policies and regulatory standards.
- Assist with 990T preparation.
- Correspondence and inbox management.
- Other duties as assigned.
- This position is based in East Lansing, Michigan, with a hybrid work schedule.
To be successful in this role, the Investment Accountant needs to demonstrate critical skills and competencies, including:
- Ability to communicate effectively (written and verbal).
- Organized, timely, and efficient.
- Ability to take initiative and manage projects independently.
- High attention to detail and accuracy in financial reporting and data management.
- Ethical standards and confidentiality required.
- Investment portfolio analysis experience preferred.
- Proficiency in Microsoft Office Suite (including Word, Excel, PowerPoint, and Outlook)
- Minimum basic education required is a bachelor’s degree from an accredited university or college in accounting, finance, or related field
- 3-5 years of relevant experience is required