Quantitative Engineer – Investments Technology
AIG
DelphiJavaOracleSQL
Alternative Investments Accountant
U.S. Bank
full-time
Posted on:
Location: Colorado, Illinois, Wisconsin • 🇺🇸 United States
Visit company websiteSalary
💰 $66,640 - $78,400 per year
Job Level
JuniorMid-Level
About the role
- Alternative Investments Associates and Accountants work as part of a team responsible for providing accounting, administration and investor servicing for hedge funds, private equity funds and closed-end registered products.
- Individuals calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors.
- Acting as primary fund accountant on multiple relationships, ensures all fund accounting functions are in completed in accordance with Generally Accepted Accounting Principles (GAAP).
- Records trade information, income/expense activity and applies valuation of securities in the portfolio accounting system.
- Enters and reconciles all investor contributions and withdrawals in the partnership accounting system.
- Allocates fund level profits to individual investors for preparation and distribution of investor statements.
- Reviews and coordinates fund expense analysis and expense processing.
- Prepares fund financial statements, audit and tax schedules.
Requirements
- Bachelor's degree in Accounting, Finance or a business-related field, or equivalent work experience
- Two to five years of related experience, preferably in portfolio/partnership accounting
- Thorough knowledge in accounting, reporting, and analysis
- Ability to identify and resolve/escalate complex problems with minimal guidance
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Effective interpersonal, verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
