Investment Accountant

**This is a hybrid role 3x a week in-office**

This position will be located in the West Conshohocken, PA office.

Responsibilities

This position will result in detailed knowledge of accounting and operations for the HFS portfolios, including investments in hedge funds, private equity funds and co-investments, more liquid daily-traded fund investments and securities, and derivative investments, such as total return swaps and forward currency contracts. This position will also result in detailed knowledge of accounting for hybrid fund structures that combine hedge fund investing with private equity investor capital activity and fee structures. This position will also involve developing and maintaining external relationships with business stakeholders and third-party service providers to ensure proper support for the investment vehicles.

Responsibilities

Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks, ensuring proper settlement of transactions, including cash distributions and receipts. Developing a significant level of expertise of the holdings, terms and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios. Overseeing third party service providers in posting activity to the portfolios general ledger and maintaining portfolio activity in AIS s parallel portfolio accounting system, Investran. Reconciling transactions, valuations, management fees, performance fee/carried interest calculations, P&L components, and other activity between Investran and the third party service provider's records on a monthly/quarterly basis to ensure accuracy. Verifying accuracy of investor capital account balances, NAV allocations, and capital activity on a monthly/quarterly basis. Preparing or reviewing monthly performance reports for investment management and clients using valuations from underlying investments, cash balances, and derivatives valuations. Reviewing daily cash reconciliations performed with multiple custodian banks and ensuring outstanding items are resolved on a timely basis. Tracking email correspondence within the team s group mailbox and escalating time sensitive correspondence to the appropriate internal parties. Providing regular daily support and responding to numerous ad hoc requests from investment management, investors, and other internal and external stakeholders. Providing support for the Team s product, regulatory, and other audits; ; assisting with preparation of materials for periodic board of director meetings; assisting with review of offering documents for new products and supporting other areas of product development, as needed. Working effectively with third party service providers and internal parties to ensure a high level of service for the Team s products; raising service issues in an appropriate manner and following up issues to resolution; creating or enhancing processes to improve the efficiency of the AIS team. Performing other related functions or responsibilities as needed or assigned.

Qualifications

Bachelor's degree, or equivalent, in Accounting, Finance, or related business field is preferred A minimum of three to five years of investment accounting experience Prior experience in alternative investment operations is preferred but not required; knowledge of hedge fund or private equity fund or derivatives accounting, or experience with Investran, is a plus. Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner Detail-oriented and highly motivated Ability to work effectively with minimal supervision