Investment Accounting Manager

Investment Accounting Manager - Run investment accounting & fin statements for pension/health fund. Work with board, auditors & fund managers. Public accounting experience required. Work remotely 4+ days per week. All benefits paid & 23 days PTO. 100 employees at headquarters and most have been there for 7+ yrs. Philadelphia Main Line location.

This Position Description identifies the major responsibilities of this job. It does not include all aspects of the position such as the potential additional duties assigned by directors/managers and the requirement for flexibility in helping others for the office’s overall benefit.

Position Summary

This role is responsible for investment accounting and assisting the controller with the preparation of the financial statements for multiple funds including Health, Pension and Annuity/401k in accordance with guidelines established by GAAP. This role is also responsible for ensuring regulatory compliance and providing quarterly financial investment information for the Trustees’ meetings.

Essential Duties and Responsibilities

Responsible for the timely and accurate verification and reconciliation for all monthly investment trading activity recorded in a third party financial services platform. This includes reconciling ending investment holdings, market values, and income into the general ledger for Health, Pension fund, 401K/Annuity Fund.

  • Preparing and posting monthly investment accounting journal entries

  • Responsible for completing required quarterly and annual statutory investment schedules

  • Prepare monthly investment income, realized gains(loss) and balance sheet fluctuation for analysis

  • Prepare quarterly investment management fee allocation for all funds

  • Compiling and organizing investment reports and K-1

  • Provide quarterly investment information for the Trustees’ meeting.

  • Work with the Funds' external auditors and assist with preparation and coordination with other members for client assisted schedules

  • Working closely with Controller and external auditors to ensure compliance and preparation of regulatory filings including 5500, IRS forms including 990 and 990T, and FIN CEN report 114

  • Special projects as needed

  • Update fixed asset records monthly

  • Approve investment management fees, prepare wire payment instructions and journal entries

Position Qualification

  • Education Required/Preferred: Bachelors in Accounting required

  • Experience Required/Preferred: Minimum of 5-8 years of work experience in accounting. Minimum of 2-3 years experience in Public Accounting required. Experience with Benefit Accounting or investment accounting preferred.

Skills Required

  • Excellent P.C. skills (Oracle, Word, Excel, Outlook, PC operating systems)

  • Must be detail oriented

  • Strong organizational skills

  • Strong communication and interpersonal skills

  • Able to multi-task and prioritize work

  • Strong analytical skills

  • Accounting resource for IT issues

  • Excel expert and resource for complex excel workbooks.