Portfolio Operations Accountant

Greater Kansas City Community Foundation • Kansas City, MO

6d • Hybrid

About The Position

The Portfolio Operations Accountant supports the accounting and operations team by performing complex portfolio accounting, reconciliation, financial reporting, and cash operations activities. The role includes reconciling financial accounts to broker statements, reviewing and recording investment activity, preparing journal entries, researching discrepancies, and supporting month-end close.

The position also handles cash operations for financial advisor-managed accounts, including monitoring grant-related cash activity, preparing cash replenishment requests and cash journal templates, reviewing administrative fee invoices, coordinating cash transfers with the Investment Team, and following up with financial advisors on outstanding requests. The accountant works with internal teams, financial advisors, and other stakeholders to ensure activity is processed accurately, promptly, and in accordance with established procedures and internal controls.

This is a salaried, exempt position based in the employer’s downtown Kansas City, Missouri office. A hybrid schedule may be available after a successful training period. The position reports to the Director of Portfolio Accounting.

Requirements

• Bachelor’s degree in accounting, finance, or a related field, and at least 3 years of relevant experience; an equivalent combination of education and experience will be considered.
• Comfort with technology and ability to learn quickly and navigate multiple applications.
• Proficiency with accounting systems and databases.
• Advanced Excel skills and strong Microsoft Office skills.
• Solid understanding of GAAP and financial reporting principles.
• Ability to interpret complex instructions and documentation, solve problems, and draw valid conclusions.
• Strong organizational, analytical, and problem-solving skills.
• Strong attention to detail and ability to manage multiple priorities using effective time management while meeting recurring deadlines.
• Ability to work regularly at a computer terminal in a fast-paced environment with frequent interruptions.
• Ability to communicate and interpret detailed information effectively.

Responsibilities

• Perform brokerage statement and portfolio reconciliations; investigate differences, resolve discrepancies, and communicate with financial advisors or internal teams to obtain required information.
• Use accounting, portfolio management, and workflow automation systems to review, validate, and enter investment activity by account and portfolio.
• Prepare journal entries to record investment and cash activity in the general ledger and support month-end close activities.
• Prepare recurring and ad hoc financial reports, including variance analysis, and research missing or inaccurate gift activity involving charitable funds.
• Review grant activity for financial advisor-managed accounts and prepare monthly cash replenishment requests and cash journal templates.
• Coordinate cash transfers with the Investment Team.
• Review and validate quarterly administrative fee invoices and communicate approved information for processing.
• Partner with internal teams, financial advisors, and external stakeholders to resolve outstanding requests and support accurate, timely accounting and cash operations.
• Complete other accounting-related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level