Financial Data Analyst

2 weeks ago


Colchester, Connecticut, United States Phraction Management LLC Full time
About Phraction Management LLC

Phraction Management LLC is a registered investment advisory firm headquartered in Colchester, CT, providing investment management services, manager selection services, and family office consulting to select UHNW clients. For more information, please visit our regulatory disclosures and related information via IARD.

Job Responsibilities

As a Reporting Analyst at Phraction Management LLC, you will be responsible for:

  • Utilizing firm reporting systems to gather, organize, and analyze financial data to generate comprehensive reports.
  • Conducting thorough reconciliation and review of financial outputs to ensure accuracy.
  • Developing expertise in Excel spreadsheet creation and maintenance, including complex formulas.
  • Monitoring API data feeds rigorously to ensure data consistency and integrity.
  • Leveraging query tools, dashboards, and other reporting system capabilities to extract valuable insights and facilitate informed decision-making.
  • Preparing and analyzing Cash Flow reports and other quantitative outputs.
  • Undertaking ad hoc projects as needed, demonstrating flexibility and adaptability in responding to evolving business and client requirements.

You will also be responsible for organizing investment research files into folders, ensuring easy access and retrieval of information, and assisting with gathering documents for external client tax preparation.

Business Administration

You will provide assistance with QuickBooks operations, including data entry, reconciliation, and report generation, to support efficient financial management processes. Additionally, you will offer support for Accounts Payable and Accounts Receivable functions as needed, ensuring accurate and timely processing of invoices and payments.

Qualifications

To be successful in this role, you will need:

  • A Bachelor's degree in Accounting, Finance, or a related field.
  • 2+ years of experience in accounting roles, preferably in a similar industry or setting.
  • Advanced Excel skills, including functions like VLOOKUP, PivotTables, etc.
  • Prior experience with reporting software such as Orion Advisor Technology, Black Diamond, or Addepar is preferred.
  • Proficiency in accounting software such as QuickBooks.
  • Experience with financial reporting, budgeting, and forecasting.
  • Ability to analyze financial data and identify trends or discrepancies.
  • Strong attention to detail and accuracy in financial reporting.
  • Effective written and verbal communication skills for interacting with colleagues and clients.
  • Ability to explain complex financial information in a clear and concise manner.
  • Critical thinking skills to evaluate financial processes and suggest improvements.
  • Strong organizational skills to manage multiple tasks and meet deadlines.
  • Ability to prioritize tasks effectively and adapt to changing priorities.
Benefits

We offer a competitive salary with bonus opportunities, eligibility to participate in our company-sponsored retirement plan (SEP), medical, dental, vision, LTD, STD, and Group Life Benefits, a flexible hybrid work environment, healthy work-life balance, and career advancement opportunities.


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