Entry-Level Fund Accounting & NAV Specialist

Beacon Hill Staffing Group; Philadelphia (Philadelphia County); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

medical

dental

vision

federal leave programs

state leave programs

Job summary

Beacon Hill Staffing Group is seeking an entry-level Fund Accounting & Finance Operations Specialist to support daily fund accounting and investment operations. This role is designed for individuals pursuing a career in fund accounting, asset management, or financial services.

You will assist with NAV support, reconciliations, transaction processing, financial reporting, and maintaining control procedures, collaborating with internal teams and external service providers to ensure accuracy and

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration or related discipline.
• 0-2 years of relevant experience; internships or co-op 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.

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.

Skills

Strong analytical abilities

Attention to detail

Organizational skills

Communication skills

Education

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

Tools

Microsoft Excel

Job description

Beacon Hill Staffing Group is seeking an entry-level Fund Accounting & Finance Operations Specialist to support daily fund accounting and investment operations. This role is designed for individuals pursuing a career in fund accounting, asset management, or financial services.

You will assist with NAV support, reconciliations, transaction processing, financial reporting, and maintaining control procedures, collaborating with internal teams and external service providers to ensure accuracy and