The company is headquartered in Minneapolis, Minnesota and specializes exclusively in fixed income and s value management for institutional investors.
The company currently manages more than $86 billion for over 200 institutional clients. The firm maintains excellent client retention by delivering risk-controlled, value-added returns and exceptional client service.
The company structure allows senior management to maintain an entrepreneurial stake in the company and recruit outstanding talent. Stability of management has been the key ingredient to the firm’s impressive long-term success.
Daily responsibilities require performing moderately complex fund accounting for collective funds and institutional portfolios, calculate net asset values and provide daily pricing to record keepers and other intermediaries. Other responsibilities include balancing investment activity with outside parties monthly and preparing monthly reporting.
In addition, the responsibilities will also include preparation, review, and delivery of annual financial reports to clients and auditors. This individual will have a lead role in coordinating the annual collective fund audits and will interact daily with senior-level employees at client firms and their auditors.
Basic Qualifications
4+ years accounting experience.
Minimum Qualifications
Comprehensive knowledge of portfolio accounting, fixed income securities, trade settlement operations, the role of systems supporting these functions, and the role of outside participant record keepers. Proven team work skills able to recognize where you can help the team complete all daily and monthly tasks. Strong organizational and detail oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions. Understanding of the nature of collective or mutual fund processes. Knowledge, experience and skills in the use of PC-based systems, including advanced skill in MS Excel. Proven ability to research and report on a variety of issues using problem-solving skills. Ability to work in fast paced environment, with daily and periodic deadlines. Strong background in fixed income investments.
QUALIFICATIONS
Preferred Qualifications
CPA certification or in progress.
Undergraduate degree in Accounting or related field.
Client service experience, working with senior-level management.
Financial services industry background.
Fund accounting, public accounting, and/or financial statement preparation experience
Familiarity with NSCC.
Experience with PAM or other securities accounting system, SEI or equivalent custodian systems.
S Value product knowledge.
Ability to work overtime if necessary to complete daily, monthly, and annual tasks
Job details are sourced from the employer's original posting.
Open job postingAbout the company
This position is located at one of our newest distribution facilities, which is state of the art and includes the latest technology. We are a leading North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with over 1 million product offerings, our inventory management and other supply chain solutions, and deep expertise from more than 70 years of working across industries. Our Goal As a $2.8 billion company with more than 6,500 experienced associates and more than 3,000 suppliers, we work with customers big and small. Our goal is to drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. Our History Founded by Sid Jacobson in 1941, our company continues to build on a rich history of commitment to our customers, our shareholders, our associates and the communities in which we live and work.