Guggenheim Investments · 1 day ago
Investment Accounting Senior Associate
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$105K/yr - $115K/yr
3+ years expGuggenheim Investments is seeking an aspiring candidate to join its Investment Accounting team as Senior Associate in the Investment Operations Department. This role involves analyzing security-level accounting information for client portfolios and ensuring the accuracy of assets under management for internal reporting.
FinanceFinancial ServicesVenture Capital
Responsibilities
Prepare and analyze GAAP and Statutory investment accounting positions for all client portfolios
Review changes in expected cash flows and analyze impact to book values and yields
Analyze impact of corporate actions, transfers and other complex transactions on book yields and income
Prepare analysis of asset recoverability and impairment accounting
Execute checks and controls to ensure accuracy of transactional and positional data in accounting system for performance returns calculation
Identify risks and communicate to reviewers
Book partnership investment activity, P&L, and valuation via PCAP statements
Reconcile gross asset value of client portfolios to client accounting service values; work with clients’ accounting services to clear reconciliation exceptions
Review monthly income earned on bank loan assets and process required correcting transactions in accounting system
Actively participate and contribute to initiatives that generate greater accuracy in accounting information and process efficiencies; meaningfully assist with ad hoc requests and special projects as assigned
Qualification
Required
Bachelor's degree in finance or accounting
3+ years' accounting experience in financial services, specifically investment accounting for insurance entities
Proficiency in Excel (including understanding complex formulas for large data analytics), Access, Word, and SQL for querying cloud-based database
Team-oriented individual with ability to collaborate with a diverse group
Ability to multitask, prioritize and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work
Preferred
Currently holding or pursuing CPA (preferrable) or CFA
Comprehensive knowledge about accounting for fixed income, loans, limited partnerships, and equity securities
Experience with BlackRock Solutions and/or Wall Street Office or a similar investment system
GAAP and/or Statutory accounting for insurance company investments
Company
Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Anne Walsh
Chief Investment Officer of Guggenheim Partners Investment Management
R
Robert Zable
Global Head of CLOs and Liquid Loans at Guggenheim Investments
Recent News
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