Accounting and Finance Associate

$70,000 - $80,000/Yr

Grantham Mayo Van Otterloo - Boston, MA

Full-time - Entry Level

Hybrid - Boston, MA

251-500 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

GMO is seeking a dedicated individual to join our Corporate Accounting and Financial Reporting Team. This team is responsible for maintaining the firm's accounting records and preparing the firm's annual financial statements. The team produces financial reporting and analyses for management, the Board, and U.S. government agencies. Responsibilities include managing the firm's partnership accounting, payroll, accounts receivable, accounts payable, and cash management, as well as overseeing global finance activities including transfer pricing between subsidiaries. This role will report to the Financial Operations Manager.

Responsibilities

• Process semi-monthly and biweekly payrolls for approximately 400 employees, partners, co-ops and interns
• Maintain schedules and reconciliations for aforementioned payrolls, payroll reporting, 401(k) benefit plan, and payroll taxes
• Assist in the accounts payable process, including supplier verification, purchase order maintenance, invoice entry, and settlement run preparation
• Process employee reimbursements and corporate AMEX statements through the firm's expense management system and ensure accurate data transfer into the accounting system
• Administer the firm's matching gift program
• Prepare various revenue reconciliations and record monthly pooled product fees
• Monitor and reconcile accounts receivables and payables balance sheet accounts
• Leverage technology to achieve the team's goal of process and data entry automation
• Support monitoring of daily cash activity, ensure adherence to cash controls, and monthly cash reconciliations for multiple bank accounts
• Assist in other projects as assigned by the Treasury and Payables Manager and the Head of Corporate Accounting and Financial Reporting
• Opportunities to take ownership of processes, suggest improvements and efficiencies, eliminate redundancies, and collaborate with others on the global team

Requirements

• Bachelor's degree in accounting, finance, business administration or similar with 1-4 years of work experience in a similar function
• Experience with general ledger accounting and financial reporting systems
• Experience in payroll and/or accounts payable processing a plus
• Strong quantitative and analytical abilities
• Strong organizational skills and attention to detail
• Must be adept at learning new technology
• Proficient in MS Excel (Pivot Table and V-Lookup experience a plus)

Nice-to-haves

• Experience in payroll and/or accounts payable processing
• Familiarity with financial reporting systems

Benefits

• Medical insurance
• Dental insurance
• Life insurance
• Long-term disability coverage
• 401(k)/profit-sharing retirement plan
• Open paid time off
• Leaves of absences
• Dependent care resources
• Tuition reimbursement
• Charitable gifts matching
• Flexible spending accounts
• Commuter benefits