Operations – Portfolio Accounting
| Company | Guggenheim |
|---|---|
| Location | Chicago, IL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Junior, Mid Level |
Requirements
- Bachelor’s degree in finance or accounting.
- 2+ years’ accounting experience in financial services, specifically back-office investment operations and/or fund accounting.
- Proficiency in MS Excel (including understanding of complex formulas for large data analytics), Access, Word, etc.
- Team-oriented individual with ability to collaborate with a diverse group.
- Ability to multitask, prioritize and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work.
Responsibilities
- Prepare and analyze GAAP and Statutory investment accounting positions and transactions for all client portfolios
- Prepare analysis of asset recoverability and impairment accounting
- Prepare analysis of cash flows and changes in yields to verify book values and yields
- Identify risks and communicate to reviewers
- Book partnership investment activity, P&L, and valuation via PCAP statements
- Reconcile gross asset value of client portfolios to client accounting service values; work with clients’ accounting services to clear reconciliation exceptions.
- Review monthly income earned on bank loan assets and process required correcting transactions in accounting system.
Preferred Qualifications
- Currently holding or pursuing CPA (preferrable) or CFA.
- Comprehensive knowledge about fixed income, loans, limited partnerships, and equity securities.
- Experience with PAM for Investments, BlackRock Solutions and/or Wall Street Office or a similar investment system.
- GAAP and/or Statutory accounting for insurance company investments.