eFinancialCareers

• Location

  Boston, MA

• Compensation

  Competitive

• Position Type

  Employee

• Employment type

  Full time

• Updated

  09 May 2008

• eFC Ref no

  405464

A prestigious Boston-based investment management firm looking to hire a Portfolio Accountant.

Job Summary
This position will be responsible for ensuring controls are in place for the various aspects of the portfolio and partnership accounting for multiple investment funds. In addition, will be responsible for ensuring the accuracy of the trial balance for the funds and improving operational efficiencies.

Job Responsibilities:

• Prepare month-end NAV packages
  
• Prepare quarterly fund financial statements in accordance with GAAP
  
• Ensure accuracy of partnership allocations and fee calculations
  
• Ensure investor reporting is accurate and delivered in a timely manner
  
• Prepare and review reconciliations to OTC counterparties and prime brokers
  
• Review corporate actions work to understand the economic and tax impact of corporate actions as notices are received .

Job Qualifications:
This position requires an expertise in accounting for various financial instruments, an understanding of the impact of transactions to the general ledger and the ability to resolve accounting issues in a timely manner. This position will report to the Manager of Portfolio Accounting and the Director of Financial Reporting.

• Bachelor’s degree in accounting or finance
  
• 5-10 years accounting experience with knowledge of partnership/shareholder allocations and recordkeeping
  
• 1-3 years of alternative investment experience a must.

Benefits:
Competitive compensation and benefit program.