Investment Accounting Associate
William BlairChicago, Illinois
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Overview
Schedule
Full-time
Career level
Senior-level
Remote
On-site
Benefits
Career Development
Tuition/Education Assistance
Job Description
Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.
Join William Blair, the Premier Global Partnership.
The investment accounting & corporate actions team is responsible for two primary functions: reconciliation and corporate actions. The reconciliation group reconciles security positions, security market values, transactions and cash balances that are maintained on our internal accounting platform against that of the custodians for both counseling and institutional accounts. The corporate actions group performs the processing of both mandatory and voluntary events, such as mergers, acquisitions, spinoffs, stock splits, dividends, tender offers, and other corporate events. Team members work with our internal trading groups and custodians to ensure events are processed accurately and timely.
Responsibilities for the Investment Accounting Associate include but may not be limited to:
- Perform accounting reconciliation responsibilities for assigned investment accounts, such as reconciling daily transaction activity, security positions, market value and cost value. Ensure William Blair’s accounting records are accurate and reconciled with clients’ custodial books and records.
- Address all accounting and account related requests and inquiries from external and internal clients in a timely manner
- Participate in projects and ad hoc items as required.
- Ensure Reconciliation policies and procedures are also followed. Recommend changes or updates to processes/procedures to senior staff when warranted.
- Participate in projects and ad hoc items as required.
- Develop and maintain subject matter expertise of investment accounting principles.
- Ensure Reconciliation policies and procedures are also followed. Recommend changes or updates to processes/procedures to senior staff when warranted.
- Serve as a backup for investment accountants when coverage needs arise.
- Assist supervisor and team lead with training of new investment accountants.
- Additional responsibilities as requested.
Qualifications:
- Bachelor’s Degree in Finance, Accounting or related field required
- Progress towards an MBA preferred
- 2-4 years of experience in an investment accounting role required
- 2 or more years of experience working with or at an investment management firm
- Excellent quantitative reasoning, problem solving and analytical skills
- Detailed understanding of how to support institutional client accounts
- Detail oriented and able to prioritize tasks
- Demonstrates initiative and persistence
- Able to exercise independent judgment
- Commits to satisfying internal and external customers
- Delivers clear, effective communication and commits to understanding others
- Proficient in Microsoft Excel and Word
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FAQs About Investment Accounting Associate Jobs at William Blair
What is the work location for this position at William Blair?
This job at William Blair is located in Chicago, Illinois, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at William Blair?
Employer has not shared pay details for this role.
What employment applies to this position at William Blair?
William Blair lists this role as a Full-time position.
What experience level is required for this role at William Blair?
William Blair is looking for a candidate with "Senior-level" experience level.
What benefits are offered by William Blair for this role?
William Blair offers following benefits: Career Development and Tuition/Education Assistance for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at William Blair?
You can apply for this role at William Blair either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.