Senior Investment Accountant

Job DescriptionJob DescriptionABOUT US:
CareQuest Institute for Oral Health® is a national nonprofit championing a more equitable future where every person can reach their full potential through excellent health. We do this through our work in philanthropy, analytics and data insights, health transformation, policy and advocacy, and education as well as our leadership in dental benefits and innovation advancements. We collaborate with thought leaders, health care providers, patients, and local, state, and federal stakeholders, to accelerate oral health care transformation and create a system designed for everyone. To learn more, visit carequest.org.

JOB SUMMARY:

As a Senior Investment Accountant at CareQuest Institute for Oral Health, you will work across a mix of asset classes to provide timely and accurate investment data and investment accounting for our $2B+ endowment. Your work will drive how we manage a mix of investment portfolios, including accurate accounting and recording of investments, monitoring third-party activity, preparing tax documents, and providing financial reporting for internal management and Board reporting.

PRIMARY JOB RESPONSIBILITIES:

• Collaborate across the Finance team to deliver excellent service and support in the management, accounting and reporting of our investment portfolio.
• Ensure the accuracy of all financial and accounting reports and records, ensuring that reports, deliverables, and processes are executed in accordance with GAAP, statutory regulations and/or internal guidelines.
• Responsible for investment accounting and reporting including performing monthly/quarterly reconciliations and supporting closing processes.
• Manage workflows to ensure accurate data capture and inform stakeholders of missing or incomplete information.
• Stay informed about industry trends, best practices, and the competitive landscape to provide insights, recommendations, and process improvements.
• Support the Finance team on accounting and reporting matters relating to taxes, general accounting, and other financial reporting matters.
• Record and reconcile all investment transactions, including capital calls, distributions, dividends, interest, realized and unrealized gains and losses, management fees, and cash.
• Assemble, or if performed by outside service providers, review monthly and quarterly financial statements for underlying fund investments.
• Coordinate with external auditors, custodians, investment managers, and consultants to ensure timely and accurate reporting and compliance with portfolio guidelines as set forth in the Investment Policy Statements
• Analyze and monitor the endowment portfolio's asset allocation, liquidity, risk, and returns, and provide recommendations and insights to senior management.
• Assist in preparing the federal and state tax returns and other filing forms for CareQuest Institute for Oral Health, Inc. and affiliates.
• Monitor third-party investment activities to review for creditworthiness and impairment.
• Other duties as needed or required.

JOB QUALIFICATIONS:

Required:

• Bachelor’s Degree in Accounting, Finance, or Business Management with 4 – 7 years of investment accounting experience within an investment management firm, large non-profit, foundation, or endowment
• Strong knowledge of GAAP, FASB, and IRS regulations related to investments
• Proficient in Excel and other accounting software to track investments, prepare taxes, and complete financial reporting.
• CPA preferred.

Skills:

• Statistical analysis – able to compare, analyze, and summarize investments to help management make informed decisions.
• Financial Reporting: advanced knowledge of the accounting for public equities and bonds, private equity and venture capital partnerships, hedge funds, and various other alternative investment structures.
• Research Skills: experience in conducting independent research through regulatory, legal, and accounting databases.
• Analytical and Critical-Thinking Skills: highly skilled in evaluating financial data and critically assessing investment activity.
• Communication Skills: Possess clear oral and written communication skills to effectively work with a variety of stakeholders and colleagues.
• Organizational Skills: able to track important documents, meet reporting deadlines, and other key deliverables.
• Detail Oriented: Exhibits a high attention to detail.

The specific statements shown in each section of this description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform this position.

** In accordance with CareQuest Institute for Oral Health’s Compliance Plan, all employees must conduct CareQuest Institute for Oral Health business and activities in accordance with applicable laws, regulations, professional standards and ethical standards and report potential compliance or ethical issues to CareQuest Institute for Oral Health’s designated Compliance Officer. **

CareQuest Institute for Oral Health’s Affirmative Action Program affirms our commitment to make reasonable accommodation for known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business and activities. Please see Human Resources for additional information regarding this program.

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