Associate, Investment Accounting Operations

Guggenheim Investments; Chicago (IL); On-site; USD 110,000 - 115,000; Full time

Benefits offered by this job

401k with matching contribution

Healthcare and wellbeing programs

Paid leave

Learning and development opportunities

Family and caregiving support

Employee assistance program

Job summary

Guggenheim Investments is seeking an Associate in Investment Accounting Operations in Chicago. You will analyze security-level accounting data, maintain GAAP and statutory balance sheet values, and ensure accurate AUM and performance reporting.

The role demands attention to detail, ownership of processes, and proactive problem-solving. Ideal candidates will have 2+ years in financial services accounting, strong Excel and SQL skills, and familiarity with investment systems like Aladdin.

Qualifications

• Bachelor’s degree in finance or accounting.
• 2+ years’ accounting experience in financial services.
• Proficiency in MS Excel (complex formulas) and SQL.
• CPA or CFA preferred; knowledge of fixed income and investment operations.

Responsibilities

• Prepare and analyze GAAP and Statutory investment accounting positions for client portfolios.
• Review changes in expected cash flows and their impact on book values and yields.
• Verify book yields align with contractual terms and cash flows.
• Assess effects of corporate actions and complex transactions on yields and income.
• Analyze asset recoverability and impairment accounting.
• Run checks to ensure data accuracy in accounting systems for performance returns.
• Identify risks and communicate with reviewers.
• Book partnership investment activity, P&L, and valuation via PCAP statements.
• Reconcile gross asset values to client accounting service values with clients’ teams.
• Review monthly income on bank loan assets and modify accounting entries as needed.
• Contribute to process improvements and assist with ad hoc requests.

Skills

Analytical skills

Teamwork

Time management

Multitasking

SQL proficiency

Education

Bachelor’s degree in finance or accounting

CPA or CFA (preferred)

Tools

MS Excel

SQL

Aladdin by BlackRock

Wall Street Office

Job description

Guggenheim Investments is seeking an Associate in Investment Accounting Operations in Chicago. You will analyze security-level accounting data, maintain GAAP and statutory balance sheet values, and ensure accurate AUM and performance reporting.

The role demands attention to detail, ownership of processes, and proactive problem-solving. Ideal candidates will have 2+ years in financial services accounting, strong Excel and SQL skills, and familiarity with investment systems like Aladdin.