Accounting Services Associate

Monday, May 02, 2011

Position Description

Accounting Services Associate

QED Financial Systems provides superior financial software for the automation of investment workflow from order to balance sheet.  The QED platform enables customers to realize operational efficiencies, respond to regulatory compliance inquiries, and institutionalize internal controls while providing transparency of financial data on branded, presentation quality reports in real-time.

Position Summary

QED is seeking a talented Investment Accounting Associate at our Accounting Services office in Marlton, New Jersey.

QED Accounting Services provides business process outsourcing to the institutional investment management industry for straight through processing and reconciliation of investment activity, portfolio accounting, and financial reporting.  The primary responsibility of the Accounting Services Associate is the maintenance of our client’s investment book of record.  Training will be provided for this entry-level position.

Position Responsibilities

The Accounting Services Associate will utilize essential accounting and organizational skills and will work both independently and as part of a multi-disciplinary team to support portfolio accounting and reporting activities.

• Account for investment activity (purchases, sales, income accruals, corporate actions, etc.) in an accurate and timely manner while maintaining all required controls ensuring overall accuracy of the client’s investment book of record
• Retrieve and process custody bank cash, investment transaction, and position holdings statements
• Conduct and manage account, cash, investment transaction, and position holdings reconciliations against custody bank records and research and resolve reconciliation exceptions
• Process corporate actions and capital events transactions; reconcile activity against custody bank records and research and resolve reconciliation exceptions
• Establish new security master records, investment positions, and asset categorizations while verifying all accounting treatments
• Calculate and verify Net Asset Value
• Calculate and verify investment performance rates of return
• Prepare, verify, and disseminate investment reports and statements
• Communicate with internal and external clients; research and resolve client inquiries
• Verify daily market data feeds from various industry sources
• Perform other related duties as required

Position Qualification Requirements

Education
• Bachelor degree in accounting, finance or related discipline required;
• Coursework toward a Certificate in Investment Performance Measurement a plus;

Experience
• A minimum of one to two years of relevant work experience in Financial Services, Investment Management or related field is required;
• Investment performance measurement and performance attribution analysis experience is a plus;

Knowledge
• Knowledge of investments, securities, and accounting is required;
• Understanding of performance measurement and reporting methodologies is a plus;
• Familiarity with financial statement and reports processing is a plus;

Professional Skills
• Broad range of experience with computer software, hardware, operating systems (including Sun Microsystems and Microsoft Windows), and web browsers is required;
• Strong interpersonal, verbal and communications skills are required;
• Ability to adapt to changing climate needs and priorities is required;
• Ability to work independently and concurrently on several projects is required;
• Comfortable working on, and contributing to, a dynamic and evolving software platform;
• Excellent critical thinking and multitasking skills and the ability to maintain focus on multiple priorities with a demonstrated ability to prioritize tasks and assignments is required;
• Demonstrated ability to diagnose and discuss problems as they arise, research possible solutions as necessary, and resolve problems in a timely and satisfactory manner is required;
• Experience with the Microsoft Office suite of products including the creation of Word documents, Excel spreadsheets, and PowerPoint presentations is required;

This position is designated as sensitive based on access to detailed client investment data and activities that might enable insider trading or theft, and is subject to a criminal background check.

This is a full time staff position with QED Financial Systems, Inc. and includes competitive compensation and comprehensive benefits package with salary compensation, 401(k) with corporate matching, paid time off, and health, vision, and dental benefits. QED is a world class financial technology company that has delivered solutions to the institutional investment community for over 24 years. We invite you to join us as we continue to innovate the future of the financial services industry.

You can download a copy of this position description here.

Local applicants strongly preferred, as no relocation assistance is available.

Please apply direct to QED by submitting your resume’ to Human Resources.
No phone calls please.

QED Financial Systems, Inc. is an Equal Opportunity Employer committed to a diverse workforce.

Principals only please.
AGENCY CANDIDATES WILL NOT BE CONSIDERED FOR THIS POSITION.