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Financial Reporting Specialist
2 months ago
About the Role
We are seeking a highly skilled Investment Accounting Manager to join our team at Koch Industries. As a key member of our finance organization, you will play a critical role in supporting the investment teams in all finance, accounting, and financial reporting matters.
Key Responsibilities
- Ownership of monthly accounting processes for a large portfolio of complex investment strategies, ensuring accurate and timely financial reporting.
- Analytical review and comprehension of monthly results, with proactive communication of known or expected risks, significant transactions, or anomalies to management.
- Collaboration with investment groups and third-party administrators to understand investment strategies and validate accurate accounting treatment.
- Early involvement in new investment onboarding, understanding terms, legal entity structure, tax, and reporting implications, and evaluating proper accounting treatment.
- Thorough research and documentation of technical accounting position papers for new and existing investment positions.
- Collaboration with various groups across the organization, including investment teams, FP&A, treasury, tax, risk, and business leaders, to provide ad-hoc information and analysis.
- Performance of balance sheet reconciliations to support transactions and account balances, and investigation of corrective action required.
- Review of financial statements and other deliverables on a monthly basis to ensure accuracy and provide proper oversight.
- Support of annual audit process as needed, working with external auditors.
- Identification of opportunities for process improvements and automation, and proposal of solutions to enhance efficiency and effectiveness.
Requirements
- Bachelor's degree or higher in Finance, Accounting, Economics, or Business-related field.
- 6+ years of experience in a professional Accounting, Audit, Financial Analysis, Investments, Trading, or similar role.
- Existing working knowledge or ability to independently research and understand complex accounting transactions, including investments, derivatives, and VIE/consolidation analysis.
- Ability to conduct technical accounting research and document positions in an organized and well-thought-out manner.
- Analytical thinking, capable of evaluating information and challenging appropriately, and identifying process improvement opportunities.
- Ability to effectively comprehend, communicate, and present financial concepts and investment transactions to various internal and external audiences.
- Collaboration mindset, seeking to build working relationships and bridge gaps between partners.
Preferred Qualifications
- CGMA, CMA, CPA, or Master's degree in Accounting.
- SAP, Infor, or other large ERP, integrated accounting system experience.
- OneStream, HFM, or other accounting consolidation reporting system experience.
- Experience with Excel macros, SQL/VBA, Power BI, Tableau, Alteryx, and/or other data manipulation and visualization tools.
- Previous Public Accounting or Large Company Corporate Accounting experience.
About Koch Industries
Koch Industries is a leading multinational corporation with a diverse portfolio of companies. We are committed to creating long-term value for our customers, employees, and society. Our culture is defined by the Principle-Based Management philosophy, which guides everyday decision-making and provides employees with opportunities to contribute and personally benefit from the value they create.