Fund Accountant

Vaco by Highspring; Boston (MA); On-site; USD 60,000 - 90,000; Full time

Job summary

Vaco by Highspring is seeking a Fund Accountant to provide specialized accounting support for commingled investment portfolios. Responsibilities include NAV execution, transactions, expenses, corporate actions, and cash handling, with focus on accuracy and timely deliverables.

The role involves serving as the primary contact for derivative valuation inquiries and collaborating across departments to resolve issues, while ensuring quality and adherence to deadlines in a fast-paced environment.

Qualifications

• BA/BS degree or equivalent work experience.
• Strong Excel knowledge and financial analysis skills.
• Ability to identify, escalate and resolve problems.
• Effective verbal and written communication.
• Time management and organizational skills.
• Ability to work in a team and meet deadlines.

Responsibilities

• Primary contact for derivative valuation inquiries.
• Verify information and escalate issues.
• Manage daily volume and production reporting.
• Ensure output meets quality and timeliness standards.
• Collaborate with other departments to resolve issues.
• Support management reporting (e.g., PVCs, cash breaks).
• Gain understanding of function's impact on the firm.
• Contribute to process improvement and efficiency.

Skills

Problem solving

Attention to detail

Time management

Team collaboration

Professional communication

Education

BA/BS degree or equivalent work experience

Tools

Microsoft Office

Job description

JOB DESCRIPTION

The Fund Accountant is responsible for specialized accounting support of commingled investment portfolios within the business line. Leveraging our fund accounting technology, Fund Accountants will complete one or more key aspects of net asset value execution including; transactions, capital stock, expenses, corporate actions, cash, and special handling, as well as break identification and resolution. Fund Accountants ensure daily accounting deliverables are timely and accurate.

• * Primary contact for derivative valuation inquiries
• * Verify information.
• * Escalate problem items.
• * Manage daily volume.
• * Ensure daily output maintains department/team standards for quality and timeliness..
• * Help to ensure team deadlines and/or requirements are being met.
• * Manage daily production reporting.
• * Monitor and assist in the resolution of issues.
• * Follow up on open inquiries.
• * Interact with other BBH departments on resolution of issues.
• * Break follow up and resolution
• * Communicate professionally and constructively to effectively resolve issues in order to minimize risk and exposure.
• * Communicate with internal departments as necessary.
• * Contribute to Management Reporting (ie: Clarity, PVC's, past dues, cash breaks, R and A analysis)
• * Gain an understanding of the big picture of how specific function impacts the firm.
• * Contribute to Division/Firm process improvement activities.
• * Gain efficiencies to improve individual productivity
• * Manage multiple tasks and/or projects efficiently despite resource and time constraints

• * BA/BS degree or equivalent work experience
• * Demonstrated Microsoft Office skills.
• * Ability to identify, expedite and resolve a problem.
• * Ability to communicate professionally through effective verbal and written skills.
• * Ability to manage time efficiently and effectively.
• * Organizational skills and detail-oriented.
• * Ability to work in a team environment.
• * Ability to meet deadlines and work under pressure.
• * Ability to work US Holidays Ability to work overtime as necessary

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Equal Opportunity Notice

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [e-mail] .

Privacy Notice

Vaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR and UK GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations; and
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).