Entry Level Accounting & Finance Specialist

Position Summary

The Fund Accounting & Finance Operations Specialist will support the accounting and day-to-day financial operations of investment funds and portfolios. This entry-level position is designed for someone who is interested in developing a career in fund accounting, asset management, investment operations, or financial services.

The Specialist will assist with fund accounting, NAV support, cash and position reconciliations, investment transaction processing, financial reporting, and operational controls. The role will work closely with internal accounting, finance, and investment operations teams as well as external fund administrators, custodians, and other service providers.

Key Responsibilities

• Support daily and monthly fund accounting and investment operations activities.
• Assist with the calculation, review, and validation of Net Asset Value (NAV) and supporting fund accounting schedules.
• Perform cash, position, portfolio, and general ledger reconciliations, researching and resolving discrepancies.
• Review and process investment-related activity, including purchases, sales, income, expenses, fees, and cash movements.
• Assist with monitoring trade and settlement activity and resolving outstanding items with internal teams and external service providers.
• Record and review journal entries and general ledger activity related to investment funds.
• Assist with month-end, quarter-end, and year-end close processes.
• Support the preparation and review of fund financial statements, financial schedules, and management reporting.
• Review portfolio and accounting data for accuracy and investigate differences between internal records and external records.
• Assist with tracking dividends, interest income, investment expenses, management fees, and other fund-related activity.
• Coordinate with fund administrators, custodians, banks, brokers, and other third-party service providers to research and resolve accounting or operational discrepancies.
• Maintain supporting documentation for reconciliations, transactions, and accounting entries.
• Assist with audit requests and financial reporting support, including preparation of schedules and supporting documentation.
• Support internal controls and established accounting and operational procedures.
• Prepare Excel-based reports and perform financial data analysis as needed.
• Participate in projects focused on improving fund accounting processes, data quality, controls, and operational efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
• 0-2 years of relevant experience
• Foundational understanding of accounting principles, debits and credits, journal entries, general ledger accounting, and financial statements.
• Strong interest in investments, financial markets, fund accounting, and investment operations.
• Proficiency with Microsoft Excel, including formulas, lookups, pivot tables, sorting/filtering, and data analysis.
• Strong analytical and problem-solving abilities.
• High attention to detail and commitment to accuracy.
• Ability to identify and investigate differences across financial data.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Effective written and verbal communication skills.

Preferred Qualifications

• Internship, coursework, or exposure to fund accounting, investment accounting, asset management, banking, or financial services.
• Basic knowledge of investment products such as equities, fixed income securities, mutual funds, ETFs, or alternative investments.
• Familiarity with NAV calculations, portfolio accounting, trade settlements, or investment reconciliations is a plus, but not required.
• Exposure to accounting, portfolio management, or investment accounting systems.