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

## Associate Investment Accounting OperationsApply: Chicago, IL: Full time: Posted Yesterday: JR-2026-101316# # **Position Summary**Guggenheim Investments is seeking an exceptional candidate to join its Investment Accounting team as Associate in the Investment Operations department. This person will participate in analyzing security-level accounting information for client portfolio; maintaining GAAP and Statutory balance sheet values used in internal portfolio management decision-making process; ensuring accuracy of assets under management and performance values for internal reporting; and resolving cash and position reconciliation exceptions. The ideal candidate should be detail-oriented, innovative, and enthusiastic to learn; have ability to take ownership of processes and manage time efficiently; possess analytical and problem-solving skills. This role is located in our Chicago office.# **Responsibilities**# **Key Responsibilities*** Prepare and analyze GAAP and Statutory investment accounting positions for all client portfolios,* Review changes in expected cash flows and analyze impact to book values and yields,* Review accuracy of book yields based on contractual terms and cash flows,* Analyze impact of corporate actions, transfers and other complex transactions on book yields and income,* Prepare analysis of asset recoverability and impairment accounting,* Execute checks and controls to ensure accuracy of transactional and positional data in accounting system for performance returns calculation,* Identify risks and communicate to reviewers,* Book partnership investment activity, P&L, and valuation via PCAP statements,* Reconcile gross asset value of client portfolios to client accounting service values, work with clients’ accounting services to clear reconciliation exceptions,* Review monthly income earned on bank loan assets and process required modifying transactions in accounting system,* Actively participate and contribute to initiatives that generate greater accuracy in accounting information and process efficiencies; meaningfully assist with ad hoc requests and special projects as assigned. # **Qualifications**Basic Qualifications * Bachelor’s degree in finance or accounting.* 2+ years’ accounting experience in financial services, specifically back-office investment operations and/or fund accounting.* Proficiency in MS Excel (familiar with complex formulas for large datasets), and SQL.* Team-oriented individual with ability to collaborate with a diverse group.* Ability to multitask, prioritize and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work. Preferred Qualifications * Currently holding or pursuing CPA (preferrable) or CFA.* Comprehensive knowledge about fixed income, loans, limited partnerships, and equity securities.* Experience with Aladdin by BlackRock solutions and/or Wall Street Office or a similar investment system.* GAAP and/or Statutory accounting for insurance company investments.We are not seeking agency assistance with this role.We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.**The benefits offered for this position:*** 401k with matching contribution* Healthcare and wellbeing programs* Paid leave* Learning and development opportunities* Family and caregiving support* Employee assistance program# **Salary Range**Annual base salary between$110,000.00-$115,000.00The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.### About Guggenheim InvestmentsWe focus relentlessly on delivering results through innovative solutions. We relish opportunities to solve complex problems through exhaustive approaches. As we conduct our business every day, every member of Guggenheim is expected to uphold our uncompromising standards for integrity and excellence and to be personally accountable for their actions and business results.Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise. To succeed at Guggenheim, candidates should be a strong fit with our business principles, culture, and value system. We encourage you to review Our Firm page to learn more about how we seek to create value through our diversified businesses. Visit the link below to review our current openings and job descriptions and to apply today.We offer compelling opportunities for self-starters who take great pride in the quality of their work and seek to exceed expectations. We are looking for people who take ownership, adhere to the highest standards, and think creatively to realize opportunities. Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimInvestments.com, and follow us on LinkedIn.