Financial Investment Accountant

2 weeks ago


Wilmington, Delaware, United States ADP Full time
Position Overview

ADP is seeking a skilled Financial Investment Accountant. If you possess extensive experience in accounting with a focus on investments and securities, this role could be an excellent fit for you.

Key Responsibilities

As a Financial Investment Accountant, you will be integral in overseeing ADP's client and corporate funds. Your responsibilities will include:

  • Generating daily investment and borrowing positions for portfolio managers.
  • Executing daily trade settlements with custodian banks.
  • Facilitating wire transfers and managing accounts payable.
  • Recording monthly accounting entries and assisting in the month-end closing process, including preparing investment rollforwards and reconciliations.
Daily Activities

On a typical day, you can expect to:

  • Prepare daily investment or borrowing positions for portfolios across the U.S., Canada, and the U.K., averaging approximately $33 billion.
  • Ensure that trades entered into the investment system are accurately reflected in the custodian bank system.
  • Initiate wire transfers using online banking portals.
  • Support the month-end closing process, including specific monthly journal entries.
  • Assist with cash reconciliations and input invoices into the accounts payable system.
  • Prepare monthly custody reconciliations and coordinate investment account opening applications.
  • Maintain documentation such as board minutes and broker/legal records.
  • Contribute to the preparation of the annual tax package and assist internal and external auditors.
  • Support office administration tasks as required and act as a backup for colleagues.
  • Help prepare a weekly investment dashboard and update the share repurchase database.
Qualifications

The ideal candidate will have:

  • 3-5 years of relevant experience in an Investment Accountant or similar capacity.
  • A Bachelor's degree in Accounting, Finance, or a related field.
  • Experience with investment accounting systems and a strong focus on internal controls.
  • Exceptional organizational and time management skills, along with a high degree of professionalism and accountability.
  • The ability to manage multiple projects effectively and strong communication skills.
Work Environment

At ADP, you will be part of a culture that values collaboration, curiosity, and a commitment to equality and equity.

Diversity and Inclusion

ADP is dedicated to fostering an inclusive and diverse workplace.



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