Investment Operations/Fund Accounting Associate - Remote

Investment Operations/Fund Accounting Associate

Department: Operations

Employment Type: Full Time

Location: Remote

Reporting To: Officer, Investment Operations

Description

About ImpactAssets
ImpactAssets is the leading impact investing partner for individuals, families and philanthropists seeking to effect real change for people and planet. Bold yet pragmatic in our approach, ImpactAssets’ creativity and investment expertise ignites a deeply personal impact investing journey for clients - while we manage the complexities. Founded in 2010, ImpactAssets’ mission is to increase flows of capital to impact investing. Together, with our clients, we are catalyzing investment capital into mission driven business models solving the worlds’ biggest challenges. The result? A fast growing, dynamic organization with more than $3 billion in assets under management and an activated community of 1,900+ clients. This level of growth, vision and commitment equals great opportunities to grow a career at ImpactAssets!  ImpactAssets is seeking a wide range of colleagues that share our urgency and audacity for driving outsized capital to impact investing. You dream big, have a track record for solving problems and know how to ‘get stuff done’.

The Opportunity
The Associate role is critical to our firm’s ability to deliver timely and high-quality internal and external reporting, and  ensuring the quality and integrity of our investment data. It is focused on entering investment transaction data and managing investment reporting.   

The ideal candidate loves operations, is detail-oriented, analytical, and improvement-focused with some experience or knowledge of private investments.   You are passionate about operations in general, and are focused on transactional processing, data reconciliation, auditing, and input. You have an understanding of basic private investment concepts, such as reading capital account statements, valuation updates, capital calls, familiarity with private fund structures.  The Associate role is a full time, remote position and can work from anywhere in the US with work hours aligning with Eastern Standard Time (9-5:30 with some flexibility).  As a remote, people-first culture, we care deeply about our team members’ connections to one another and as such, travel 2-3 times per year to company events will be required.  

Key Responsibilities

We value diverse skill sets and recognize that candidates may specialize in certain areas while needing training in others; we encourage applications from individuals who possess experience in at least half of the areas of responsibility outlined below.

Investment Operations
·       Collect, organize and manage monthly/quarterly/annual Fund reporting
·       Identify and record daily investment activity including NAV updates
·       Use attention to detail and logic to ensure transactional data quality
·       Perform weekly and monthly reconciliations to maintain data integrity in legacy and new investment management system
·       Assist with preparation of client reporting deliverables
·       Collect and organize client investment recommendations
·       Use judgement to escalate issues and requests appropriately

Process Improvement & Collaboration
·       Proactively propose and document process improvement opportunities and become part of the solution
·       Document processes and best practices for use by the Investment Operations Team
·       Provide an elevated level of customer service to internal stakeholders
·       Communicate effectively within team, cross-functionally, and externally with fund contacts

Other Responsibilities
Other ad hoc duties as required

Qualifications

·       ·       Bachelor’s degree in finance, business, economics, or related field; minimum 2 years of experience in accounting, finance or investment operations/servicing; OR equivalent combination of education and experience.  ·       Experience working with private investment data preferred. 
·       Strong Excel skills and ability to interface with various technology systems
·       Energetic and organized individual; highly attuned organizational skills, attention to detail, professional demeanor, ability to work independently and prioritize competing demands·       Knowledge and passion for using investing as a means by which to engender social or environmental impact·       Demonstrated focus on continuous improvement and ability to identify and implement process improvements, especially through the use of systems and technology·       Able to develop a sense of urgency around processing and response timelines·       Resourceful in searching for responses to questions and developing solutions·       Proficiency with Microsoft 365 applications including Excel, PowerPoint, Word, Teams required·       Proficiency with cloud-based collaboration tools Box and Asana preferred·       Experience working in a virtual working environment preferred

Benefits and Perks

• Unique benefits, including virtual work stipend and contribution to employee’s own Donor Advised Fund 
• Competitive total compensation, including discretionary bonus, 401(k) plan,  and generous time off plan
• Base salary ranges from $73,000-$80,000 and is highly dependent on experience and location
• Comprehensive benefits package including full health and wellness coverage, professional development funding, and generous paid family and parental leave
• Opportunities for training and career development in a fast-paced, progressive organization 
• Values-driven culture

ImpactAssets is an Equal Opportunity Employer. We know our organization is at its best when we include, celebrate and embrace difference. We strive to be a diverse workforce that is representative of our mission, and where all can thrive and belong. We are committed to building a team that includes and respects a variety of voices, identities, backgrounds, experiences and perspectives! Apply