Investment Accountant

Helmsley•New York, NY

3d•Hybrid

About The Position

The Investment Accountant is an integral part of the Finance team and assists in accounting for the investments of Helmsley’s endowment of approximately $7.6 billion. This role requires a partnership philosophy with Helmsley’s internal and external parties. The Investment Accountant reports to the Tax and Investment Accounting Manager.

Requirements

Bachelor’s degree in accounting or related experience.
Minimum 3 years of experience applying accounting principles to investment accounting for all types of securities and alternative investments at an investment firm or endowment.
Flexibility and adaptability commensurate with working in a fast-paced environment.
Experience with Microsoft Office Suite, corporate enterprise-wide accounting software and ability to adapt to new systems.
Prior experience with master custodial banks.
Strong planning, organization, and time management skills, and ability to meet deadlines.
Meticulous attention to detail.
Must be able to maintain confidentiality of financial information.
Excellent written and oral communication skills, including the ability to convey relevant financial information in a clear, concise manner to a non-technical audience.
Must thrive in a team-setting but work well independently and self-sufficiently.
Positive attitude under pressure.

Nice To Haves

CPA preferred.

Responsibilities

Ensure that Helmsley’s financial controls, investment accounting policies and procedures are maintained and enhanced.
Ensure accurate and timely processing and accounting of investment transactions, including: Settlement of trades, Monitoring movement of securities, Cash and position reconciliations, accruals, etc., Execution of capital calls, receipt of distributions, and other capital activities, Monthly/quarterly management fee analysis and payment, Preparation of accounting and tax journal entries, Other shadow accounting activities as appropriate.
Stay current with evolving accounting, technology, and reporting considerations of investment products.
Manage cash flow forecasting and analyses to ensure sufficient liquidity to meet grantmaking, operational and strategic funding requirements.
Manage dynamic interaction and cooperation with Investments Department.
Perform as primary contact for relationship and collaboration of investment administration with Master Custodian Bank to ensure smooth operations and timely resolution of issues.
Prepare annual financial audit workpapers and act as liaison with outside auditors on investment accounting matters.
Analyze Schedules K-1.
Prepare tax workpapers.
Review foreign filings.