Operational Accounting Director

Masis Professional Group; Boston (MA); On-site; USD 160,000 - 225,000; Full time

Job summary

A well-established investment management firm in Boston is seeking an Operational Accounting Director to oversee financial operations and reporting. This role will lead day-to-day accounting functions, ensuring accurate reporting and compliance. Ideal candidates will have over 7 years of experience in accounting, preferably within investment management, with strong analytical and organizational skills. The position offers exposure to firm leadership and opportunities to enhance financial strategies.

Qualifications

• 7+ years of accounting experience, ideally in investment management or financial services.
• Familiarity with portfolio accounting or financial systems.
• Strong analytical and communication skills.

Responsibilities

• Oversee core financial operations including general ledger and accounts payable/receivable.
• Manage monthly, quarterly, and annual close processes.
• Develop financial systems and workflows.

Skills

7+ years of accounting experience

Strong understanding of asset management business models

Experience with financial reporting

Detail-oriented

Strong analytical skills

Strong organizational skills

Strong communication skills

Education

CPA or public accounting background

Tools

Ridgeline

Sage

Job description

Compensation: $160,000 – $225,000 base salary + bonus

Overview

A well-established, Boston-based investment management firm is seeking an Operational Accounting Director to oversee the firm’s financial operations and reporting infrastructure. The firm manages a diversified platform of equity, fixed income, balanced, and private market strategies on behalf of institutional and high‑net‑worth clients. This role will serve as a key member of the finance function, responsible for maintaining the integrity of financial reporting, enhancing operational efficiency, and supporting the continued growth of the organization through scalable financial systems and processes.

Position Overview

The Operational Accounting Director will lead day-to-day accounting and financial operations while ensuring accurate, timely reporting and compliance with regulatory standards. This individual will partner closely with senior leadership to provide financial insights, manage liquidity, and support strategic decision-making across the firm.

Key Responsibilities

• Oversee core financial operations including general ledger, billing, accounts payable/receivable, and payroll
• Manage monthly, quarterly, and annual close processes to ensure accuracy and timeliness
• Calculate and administer incentive compensation and commission structures
• Prepare and deliver financial reporting and analysis to support business performance and strategic planning
• Monitor firm liquidity, capital allocation, and overall balance sheet management
• Develop and enhance financial systems, workflows, and controls to support a growing organization
• Ensure compliance with GAAP and applicable regulatory requirements, including oversight of internal controls
• Collaborate cross-functionally with leadership and external partners on financial matters

Qualifications

• 7+ years of accounting experience, ideally within investment management or broader financial services
• Strong understanding of asset management business models, including revenue recognition and expense structures
• Experience with financial reporting and analysis in a regulated environment
• Ability to work across multiple entities and support complex organizational structures
• Familiarity with portfolio accounting or financial systems (e.g., Ridgeline, Sage, or similar platforms)
• Highly detail-oriented with strong analytical, organizational, and communication skills
• CPA or public accounting background is a plus

Why This Role

• This is an opportunity to join a stable, growth-oriented investment firm with a strong reputation and long-standing presence in the Boston market. The role offers meaningful exposure to firm leadership, the ability to influence financial strategy, and the chance to build and optimize scalable processes within a collaborative environment.