Entry Level Accounting & Finance Specialist

Beacon Hill; West Chester (Chester County); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Leave programs

Job summary

Beacon Hill Staffing Group is seeking an entry-level Fund Accounting & Finance Operations Specialist to support accounting and daily financial operations for investment funds and portfolios.

The role offers exposure to fund accounting, NAV support, cash and position reconciliations, and financial reporting within a collaborative team of internal and external service providers. The position is ideal for someone starting a career in fund accounting, asset management, or financial services.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration or a related discipline.
• 0-2 years of relevant experience; internships or co-op experience preferred.
• Foundational understanding of accounting principles, debits and credits, journal entries, and general ledger accounting.

Responsibilities

• Support daily and monthly fund accounting and investment operations.
• Assist with NAV calculations and related fund accounting schedules.
• Perform reconciliations of cash, positions, portfolios, and general ledger; resolve discrepancies.
• Process investment activity including purchases, sales, income, expenses and fees.
• Coordinate with fund admins, custodians, banks, brokers and other service providers to resolve issues.

Skills

Excel proficiency

Analytical thinking

Attention to detail

Problem solving

Education

Bachelor's degree in Accounting, Finance, Economics, Business Administration

Tools

Microsoft Excel

Job description

The Fund Accounting & Finance Operations Specialist will support the accounting and day-to-day financial operations of investment funds and portfolios. This entry-level position is designed for someone who is interested in developing a career in fund accounting, asset management, investment operations, or financial services.

The Specialist will assist with fund accounting, NAV support, cash and position reconciliations, investment transaction processing, financial reporting, and operational controls. The role will work closely with internal accounting, finance, and investment operations teams as well as external fund administrators, custodians, and other service providers.

Key Responsibilities

• Support daily and monthly fund accounting and investment operations activities.
• Assist with the calculation, review, and validation of Net Asset Value (NAV) and supporting fund accounting schedules.
• Perform cash, position, portfolio, and general ledger reconciliations, researching and resolving discrepancies.
• Review and process investment-related activity, including purchases, sales, income, expenses, fees, and cash movements.
• Assist with monitoring trade and settlement activity and resolving outstanding items with internal teams and external service providers.
• Record and review journal entries and general ledger activity related to investment funds.
• Assist with month-end, quarter-end, and year-end close processes.
• Support the preparation and review of fund financial statements, financial schedules, and management reporting.
• Review portfolio and accounting data for accuracy and investigate differences between internal records and external records.
• Assist with tracking dividends, interest income, investment expenses, management fees, and other fund-related activity.
• Coordinate with fund administrators, custodians, banks, brokers, and other third-party service providers to research and resolve accounting or operational discrepancies.
• Maintain supporting documentation for reconciliations, transactions, and accounting entries.
• Assist with audit requests and financial reporting support, including preparation of schedules and supporting documentation.
• Support internal controls and established accounting and operational procedures.
• Prepare Excel-based reports and perform financial data analysis as needed.
• Participate in projects focused on improving fund accounting processes, data quality, controls, and operational efficiency.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
• 0-2 years of relevant experience; internships or co-op experience within accounting, banking, asset management, investment management, or financial services are preferred.
• Foundational understanding of accounting principles, debits and credits, journal entries, general ledger accounting, and financial statements.
• Strong interest in investments, financial markets, fund accounting, and investment operations.
• Proficiency with Microsoft Excel, including formulas, lookups, pivot tables, sorting/filtering, and data analysis.
• Strong analytical and problem-solving abilities.
• High attention to detail and commitment to accuracy.
• Ability to identify and investigate differences across financial data.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Effective written and verbal communication skills.

Preferred Qualifications

• Internship, coursework, or exposure to fund accounting, investment accounting, asset management, banking, or financial services.
• Basic knowledge of investment products such as equities, fixed income securities, mutual funds, ETFs, or alternative investments.
• Familiarity with NAV calculations, portfolio accounting, trade settlements, or investment reconciliations is a plus, but not required.
• Exposure to accounting, portfolio management, or investment accounting systems.

Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.

California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Company Profile

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.bhsg.com.

Benefits Information

• Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility.
• Upon successfully being hired, details will be provided related to our benefit offerings.

We look forward to working with you. Beacon Hill. Employing the Future™