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Investment Accounting Associate
Ref No.: 17-03892
Location: Chicago, Illinois
Position Type:Full Time
Pay Rate : $ 75,000.00 - 80,000.00 /Year
Investment Accounting Associate

Summary

At Infinity Consulting Solutions (ICS), we pride ourselves in getting to know our candidate further than the bullet points on their resume. We want to know what your long-term goals and ambitions are to make sure we help you make long term career moves. ICS has excelled in creating strong relationships with top performing companies in the Chicago market which has opened many doors for driven professionals like yourself for many years.

Responsibilities
Maintain, review and analyze GAAP and Statutory accounting information for investment activity and security transactions including fixed income, equity, derivative securities for all client portfolios assigned in an accurate and timely manner.
Review security level accrued income and cost basis information to ensure that securities and their related transaction activity is accurately captured in the Accounting System.
Maintain fluency with current regulatory and accounting guidance changes to ensure that values in the accounting system are accurate.
Assist in the review of asset recoverability and quarterly impairment recommendations
Work with client service representatives and on-boarding team to ensure that portfolio and security level accounting characteristics are correct at the point of initial account set-up.
Monitor and record in-kind transfer activity in the accounting system.
Actively participate and contribute to initiatives that generate greater accuracy in accounting information and processing efficiencies.
Requirements

Bachelor's degree in Accounting of Finance or related field. CPA or CFA
3+ years' experience in financial services and investment accounting
Sound working knowledge of fixed income and equity securities and an understanding of derivative accounting including Interest Rate derivatives, Equity derivatives and Credit derivatives.
Problem solving skills and demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement


Third Party Applications Not Accepted