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Investment Accounting Associate

Employer
William Blair
Location
Chicago, Illinois
Salary
Competitive to market rate
Closing date
Jun 6, 2021

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Asset Management
Employment Type
Full Time

Job Details

INVESTMENT ACCOUNTING ASSOCIATE

William Blair Investment Management is a premier global investment management boutique, with a sole focus on active management across equity, fixed income, currency and multi-asset strategies.  We are committed to building enduring relationships with our clients and providing expertise and solutions to meet their evolving needs. We work closely with the most sophisticated investors globally across institutional and intermediary channels, including consultants, private and public pension funds, insurance companies, endowments, foundations, sovereign wealth funds, and financial advisors. We are a U.N.-Supported Principles for Responsible Investment (PRI) Signatory, Tier-1 U.K. Stewardship Signatory, Investor Stewardship Group Member (Framework for U.S. Stewardship and Governance), and Signatory to the Japan and Korea Stewardship Codes.  We are based in Chicago with resources in New York, London, Zurich, Sydney, Stockholm, The Hague, and Singapore, and dedicated coverage for Canada.

ABOUT THE TEAM:

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.

JOB SUMMARY & RESPONSIBILITIES:

  • 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.

QUALIFICATIONS:

  • Bachelor’s Degree required, major in Finance, Accounting or related field preferred. 
  • 3-5 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.


William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for.

EOE m/f/d/v

Company

William Blair is a premier global boutique with expertise in investment banking, investment management, and private wealth management. We are committed to building enduring relationships with our clients and providing expertise and solutions to meet their evolving needs. An independent and employee-owned firm, William Blair is headquartered in Chicago and, together with its strategic partners, operates in more than 20 offices worldwide.

Company info
Website
Telephone
3123645165
Location
150 N Riverside Plaza
Chicago
IL
60606
United States

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