Investment Accounting Associate
About The Position
The investment accounting & corporate actions team is responsible for two primary functions: reconciliation and corporate actions. The reconciliation group reconciles security positions, security market values, transactions and cash balances that are maintained on our internal accounting platform against that of the custodians for both counseling and institutional accounts. The corporate actions group performs the processing of both mandatory and voluntary events, such as mergers, acquisitions, spinoffs, stock splits, dividends, tender offers, and other corporate events. Team members work with our internal trading groups and custodians to ensure events are processed accurately and timely.
Requirements
- Bachelor’s Degree in Finance, Accounting, Business or related field required
- Prior experience in an investment accounting role within equities preferred
- Experience working with or at an investment management firm (through an internship or full-time) preferred
- Strong desire to learn investment accounting concepts, processes and platform
- Excellent quantitative reasoning, problem solving and analytical skills
- Detail oriented and able to prioritize tasks
- Demonstrates initiative and persistence
- Able to exercise independent judgment
- Commits to satisfying internal and external customers
- Delivers clear, effective communication and commits to understanding others
- Proficient in Microsoft Excel and Word
Responsibilities
- Perform accounting reconciliation responsibilities for assigned investment accounts, such as reconciling daily transaction activity, security positions, market value and cost value. Ensure William Blair’s accounting records are accurate and reconciled with clients’ custodial books and records.
- Address all accounting and account related requests and inquiries from external and internal clients in a timely manner
- Participate in projects and ad hoc items as required.
- Ensure Reconciliation policies and procedures are also followed. Recommend changes or updates to processes/procedures to senior staff when warranted.
- Develop and maintain subject matter expertise of investment accounting principles.
- Serve as a backup for investment accountants when coverage needs arise.
- Assist supervisor and team lead with training of new investment accountants.
- Additional responsibilities as requested.
Benefits
- medical, dental and vision coverage
- employer paid short & long-term disability and life insurance
- 401(k)
- profit sharing
- paid time off
- Maven family & fertility benefit
- parental leave (including adoption, surrogacy, and foster placement)
- other voluntary benefits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
