AVP - Investment Accounting - BPO

Job description (Team handling of 40-50 people)

Implements appropriate regulatory and GAAP accounting treatment for investments and investment related accounts. Accounts, analyzes, reports, and presents assets held for investment which may include foreign investments, mortgage loans, limited partnerships, cash equivalents, investment income, securities lending, reverse repos, repos, and other investment related information.

Responsibilities include and not limited to-

- Maintain adherence to corporate, accounting and Generally Accepted Accounting Principles (GAAP) in the timely and accurate processing of Investments, Cash Management, Subsidiary and Property Management financials

- Functions as a liaison between the global offices, banks and Asset Managers/Investment Accounting Managers and responds to direct inquiries in order to resolve issues in a timely manner.

- Performs accounting functions, and maintains and prepares month-end, quarter-end and annual reports (GAAP & STAT) for assigned asset and investment accounting areas.

- Refines accounting/financial reporting procedures and guidelines to ensure accurate consolidation of existing and emerging domestic and international accounts.

- Liaise with various functional areas, including SEC Reporting, Financial Reporting, Accounting Policy, and FP&A

- Responsible for maintaining and reviewing reconciliations and investment accounting information flows with all entities

- Managing daily cash position, ensuring funds are available as needed or available for investing

- Daily journal entries for Investment purchase, sale and cash management

- Monthly accruals for interest, market value and premium/discount amortization

- Reconcile subsidiary investment ledgers, bank accounts and investment general ledgers

Qualification

- 12+ years of experience.

- Bachelor's Degree in Accounting/Finance or equivalent related work experience

- MBA Finance or CPA or CA