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Senior Associate, Portfolio Accounting

Company: Aristotle
Location: Los Angeles
Posted on: January 17, 2022

Job Description:

With offices in Los Angeles, Newport Beach, Boston, and New York, Aristotle is a family of employee-owned investment management firms that collectively manage equity and fixed income strategies. Aristotle attracts and retains talented investment professionals through a culture focused on research, investment management, and client success.
Aristotle's experienced corporate leadership team oversees a centralized support infrastructure to ensure that our distinct teams of investment professionals are able to focus on what they do best-adding value to client portfolios. The company's support infrastructure includes shared services such as finance/accounting, compliance, trading, operations, client communication, marketing, and distribution.
Please visit www.aristotlecap.com for more information on our firm.
The Portfolio Accounting Senior Associate will be responsible for maintaining the internal books and records for various Mutual Funds, Collective Investment Trusts, Sub-Advised funds, and Separately Managed Accounts (SMAs). This role may be based out of Los Angeles, Newport Beach, Boston, New York or San Francisco/Bay Area depending on candidate's preference.This position will report to the Portfolio Accounting Assistant Vice President.
What You Will Do:

  • Performing daily portfolio administration tasks which include but not limited to reconciliation, corporate action, and trade data review of external parties
  • Ensure funds are being accounted for pursuant to the governing fund documents.
  • Maintain Aristotle's internal books and records across all Mutual Funds, Collective Investment Trusts, Sub-Advised Accounts, and Separately Managed Accounts (SMAs).
  • Ensure subscription and redemption activities are post correctly to system and proper communication to interested parties.
  • Calculation of management and performance fees. Estimate and post monthly closing accruals.
  • Monthly reconciliation of Financial Statement accounts to Custodian Bank and/or Third Party Administrator(s).
  • Work with Ops to identify funding requirements and overdrafts to ensure cash availability with custodian banks to ensure settlement of executed trades.
  • Determine and prepare distributions and draw-downs as needed.
  • Coordinate with funds' independent auditors, custodians, prime brokers, and fund administrators.
  • Support Portfolio Accountant Manager with ongoing oversight of Aristotle's Fund Administrators and Custodians.
  • Liaise with performance team as needed to review performance returns for clients.
  • Help document new procedures, keep all team procedures up to date.
  • Participate in projects as needed.
    What You Will Need:
    • 3+ years of portfolio accounting experience
    • Bachelor's degree in Accounting or related field
    • Solid knowledge of US GAAP
    • Experience with Geneva and/or SS&C Recon is a plus
    • Advanced MS Excel knowledge. Experience with Excel macro is a plus.
    • Solid knowledge of corporate actions
    • Strong knowledge of performance and understanding of how transactions booked impact performance
    • Mutual Fund, Collective Investment Trust knowledge preferred
    • Prior experience with various products including domestic and international equities, fixed income, bank loans, FX, and options
    • Strong critical thinking skills
    • Highly analytical, data-driven, and detail-oriented
    • Ability to identify and take on critical projects, as well as manage multiple projects simultaneously in a dynamic/challenging environment
    • Ability to work under pressure and manage tight internal and client deadlines
    • Hands-on, resourceful, and a doer. Able to work autonomously but also operate as part of a strong, cohesive team
      What We Have to Offer
      • A supportive, collaborative work environment with exceptional colleagues!
      • Health, dental, and vision insurance
      • Life insurance
      • 401(K) matching
      • Paid time off, including annual Employee Volunteer Day
      • Various Company events throughout the year
        Is Aristotle Right for You? We are looking for exceptional individuals who are intelligent, enthusiastic, and curious, someone who will contribute to our expanding business. An ideal candidate would not limit their contribution to the provided job description but would help us surpass our goals by continually finding ways to improve themselves and the firm. If you would like the stability of a successful, established company and the growth opportunities of a dynamic environment, we look forward to hearing from you.
        The above description identifies the essential job functions and skills needed by the person or persons assigned to this position. These job functions and skills are not intended to be a complete and exhaustive list of all responsibilities, duties and skills required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions. The information contained herein is subject to change at the company's discretion. Aristotle is an Equal Employment Opportunity Employer.
        Aristotle will consider for employment, qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance.
        Aristotle Capital Management, LLC, Aristotle Credit Partners, LLC, Aristotle Capital Boston, LLC, and Aristotle Atlantic Partners, LLC are affiliated organizations. Each is an independent investment adviser separately registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about each adviser including the investment strategies, fees and objectives can be found in their ADV Part 2, which is available upon request.

Keywords: Aristotle, Los Angeles , Senior Associate, Portfolio Accounting, Accounting, Auditing , Los Angeles, California

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