Portfolio Accounting Associate

3 months ago

Chicago, United States The Rockridge Group Full time
Job DescriptionJob Description

Title: Portfolio Services Accounting Associate About the PositionClient X is seeking an exceptional candidate to join its Portfolio Services team as a Portfolio Reconciliation/Accounting Associate in the Portfolio Operations Department. Reporting to the Head of Investment Accounting/Reconciliation, this person will be responsible for resolving cash and position reconciliation exceptions; analyzing security level accounting information for client portfolios, including data attributes and metrics used to calculate performance returns and invoice amounts; and the maintenance of GAAP and Statutory balance sheet values used in the portfolio management decision-making process.The ideal candidate will be organized, detail-oriented, innovative, manage time efficiently, and possess critical- and analytical-thinking skills. A key aspect of the role is collaborating and communicating with other groups within Portfolio Operations, portfolio management teams, and custodial bank representatives.This position is located in Chicago.Responsibilities Include
  • Responsible for reviewing that all portfolio level transactional activity is being properly recorded and performing daily reviews on system-to-system feeds of transactional activity.
  • Work with internal and external parties in order to resolve breaks, identify root causes and expedite resolution.
  • Monitor formal processes in order to ensure reconciliation processes meet standards established by internal and external auditors including SAS 70 procedures.
  • Analytically review daily transactional activity to ensure that the market values of portfolios are accurately recorded by the accounting system to ensure accurate performance information for both client and internal reporting.
  • Work with Client Service Support team to ensure that portfolio and security level accounting characteristics are correct at the point of initial account set-up.
  • Assess income recognition on complex fixed income instruments and identify/resolve issues with system generated accruals.
  • Analyze fund/account data to identify potential problems and develop appropriate solutions and recommendations.
  • Evaluate efficiency and effectiveness of current processes and controls to make recommendations for continuous process improvement and support implementation. This will involve a high degree of working with other departments (Trade Operations, Data Integrity, Pricing, Reconciliation, and Performance) in identification and remediation of process issues.
  • Maintain, review and analyze GAAP and Statutory accounting information for fixed income, equity, and derivative positions and transactions for all applicable client portfolios in an accurate and timely manner.
  • Assist in the development and documentation of policies and procedures for work performed.
  • Actively participate and contribute to both firm wide and department initiatives.
  • Assist with internal/external ad hoc requests, special projects, and other duties as assigned.
Preferred Qualifications
  • Experience with PAM for Investments or a similar investment accounting system.
  • Experience with BlackRock Solutions and/or Wall Street Office or a similar investment book of records system.
  • A background in GAAP and/or Statutory accounting for insurance company investments a plus.
  • Sound working knowledge of fixed income and equity securities and an understanding of derivative accounting including interest rate derivatives, equity derivatives and credit derivatives.
  • Team-oriented individual with ability to collaborate with a diverse range of groups.
  • Ability to multitask and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work.
  • An eye for detail and an analytical mindset.
  • Problem solving skills and demonstrated ability to take initiative and critically analyze processes and procedures with the intention of constant improvement.
Basic Qualifications
  • Bachelor’s degree with at least 1-5 years of experience in financial services industry, specifically back office operations and/or fund accounting.
  • Excellent data skills (Excel, VBA, Access, etc.) and system experience.
  • Familiarity or prior experience with any of the following:
    • Fixed Income, Bank Loans, Derivates, Bonds
    • Fund Accounting experience
    • Global Custodian Processes

  • Portfolio Accountant

    1 month ago

    Chicago, United States LHH Full time

    Portfolio Accountant (Loop, Hybrid)Our client, a global real estate investment management company located in Chicago's Loop, is looking for a Portfolio Accountant! This person will support the accounting and reporting process for a real estate investment portfolio reporting under Fair Value GAAP. This job in a nutshell:Assist in the monthly, quarterly, and...

  • Portfolio Accountant

    2 months ago

    Chicago, United States LaSalle Investment Management Full time

    LaSalle Investment Management (“LaSalle”) is a global real estate investment manager with $89 billion of private and public real estate assets under management and over 900 people in 13 countries. Our diverse investor base includes public and private pension funds, insurance companies, governments, endowments, and high net worth investors from across the...

  • Associate Portfolio Manager

    1 month ago

    Chicago, Illinois, United States V-Square Full time

    Position: Associate Portfolio Manager - Multi-Asset Term: Full-timeLocation: ChicagoWHO WE AREWe are V-Square Quantitative Management (V-Square), a global asset manager with thematic and differentiated capabilities. A subsidiary of Chicago-based private equity firm Valor Equity Partners, we specialize in developing and managing innovative investment...

  • Portfolio Accounting Manager

    6 days ago

    Chicago, Illinois, United States Housing Authority Full time

    Job OverviewPOSITION SUMMARYThe Property Accountant plays a crucial role in managing the daily financial operations of a designated portfolio of properties. This position supports the Property Accounting Manager in ensuring that property managers adhere to their financial plans, secure necessary approvals for budget adjustments, and maintain accurate...

  • Associate Portfolio Manager

    1 month ago

    Chicago, United States V-Square Full time

    Position: Associate Portfolio Manager - Multi-Asset                   Term: Full-time Location: Chicago WHO WE ARE We are V-Square Quantitative Management (V-Square), a global asset manager with thematic and differentiated capabilities. A subsidiary of Chicago-based private equity firm Valor Equity Partners, we specialize in...

  • Associate, Portfolio Reporting and Analytics

    2 months ago

    Chicago, United States Deerpath Capital Management Full time

    Job DescriptionJob DescriptionCompany Description Deerpath Capital is a leading direct lending firm specializing in providing first lien, senior debt financing to middle market companies. Deerpath is focused on providing debt capital for acquisitions, refinancings, ownership transitions and growth capital to companies in the U.S. lower middle market....

  • Associate, Portfolio Reporting and Analytics

    2 months ago

    Chicago, United States Deerpath Capital Full time

    Company DescriptionDeerpath Capital is a leading direct lending firm specializing in providing first lien, senior debt financing to middle market companies. Deerpath is focused on providing debt capital for acquisitions, refinancings, ownership transitions and growth capital to companies in the U.S. lower middle market. Deerpath has investment offices in New...

  • Analyst, Portfolio Management

    1 month ago

    Chicago, United States The Ladders Full time

    JOB DESCRIPTION The Portfolio Management team is a critical part of Antares, focused on overseeing and managing one of the largest middle-market portfolios in the private credit space. Based in Chicago and Atlanta, the high-performing team utilizes an industry coverage model to generate portfolio insights, monitor portfolio performance and market trends,...

  • Portfolio Reporting and Analytics Associate

    6 days ago

    Chicago, Illinois, United States Deerpath Capital Management Full time

    Job OverviewCompany OverviewDeerpath Capital is a prominent direct lending institution that specializes in offering first lien, senior debt financing to middle market enterprises. The firm is dedicated to supplying debt capital for acquisitions, refinancings, ownership transitions, and growth initiatives within the U.S. lower middle market. With investment...

  • Sr. Associate I, Accounting

    2 months ago

    Chicago, United States Jones Lange Lasalle, Inc. Full time

    Prepare financial statements for a portfolio of properties, including General Ledger month-end close, actual to budget variance review, audits, and knowledge of real estate accounting software - Prepare timely and accurate monthly property financial Accounting, Associate, Property Management, Account, Financial

  • Credit Associate

    1 week ago

    Chicago, United States MUFG - Mitsubishi UFJ Financial Group, Inc. Full time

    Identify risks in prospective transactions and improve the structuring of deals in line with policies and procedures. - Advise account officers on credit risk issues/terms and conditions to build the best possible deal to maximize profit and minimize Healthcare, Portfolio, Associate, Management, Credit, Health

  • Senior Associate in Investment Accounting

    5 days ago

    Chicago, Illinois, United States Guggenheim Partners Full time

    Position OverviewThe role of the Senior Associate in Investment Accounting at Guggenheim Partners involves critical responsibilities within the realm of financial operations. This position is integral to our Investment Management and Advisory sector, focusing on the following key areas:Key ResponsibilitiesAccounting Operations: Manage and oversee the...

  • Associate, Renewable Portfolio Settlements

    1 day ago

    Chicago, United States Invenergy LLC Full time

    Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.Job...

  • Portfolio Manager

    6 days ago

    Chicago, United States Hiring Now! Full time

    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. As a Portfolio Manager, you will be responsible for...

  • Portfolio Management Officer II

    1 month ago

    Chicago, Illinois, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Portfolio Manager

    6 days ago

    Chicago, United States Associated Banc-Corp Full time

    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. As a Portfolio Manager, you will be responsible for...

  • Portfolio Execution Lead

    2 weeks ago

    Chicago, United States Cushman & Wakefield Full time

    Job Title Portfolio Execution Lead Job Description Summary The Portfolio Execution Lead (PEL) will manage and direct a team responsible for delivering Portfolio Strategy support and Transaction Management services focused on creating value for the client and delivering positive client experiences. The PEL will collaborate closely with peers and the...

  • SVP, Portfolio Director

    2 months ago

    Chicago, United States IPG Health Full time

    Job Description SVP, Portfolio Director, Complete HealthVizion Complete HealthVision is currently looking for a SVP,Portfolio Director to join their team! If you are a passionate, highly capable, high-level senior client services professional with a proven track record in client leadership, strategic direction, superb fiscal management...

  • Portfolio Manager, Receivables Finance

    3 weeks ago

    Chicago, United States Wintrust Financial Full time

    Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank...

  • Fund Accounting, Associate Accountant

    3 weeks ago

    Chicago, United States Northern Trust Full time

    About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...