Senior Financial Accountant

Connect Search, LLC; Chicago (IL); Hybrid; USD 100,000 - 125,000; Full time

Benefits offered by this job

401(k) with company match

Generous paid time off

Professional development opportunities

Job summary

Connect Search, LLC seeks a Senior Financial Accountant to manage accounting and financial reporting for a portfolio of investment entities in Chicago. You will own recurring accounting tasks, assist with financial statements, and support reporting across funds and related entities.

The role requires strong US GAAP knowledge, analytical ability, and collaboration with accounting leadership to ensure accurate records and timely reporting. Base salary range and bonus described in the posting.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related discipline.
• 3–5 years of relevant accounting experience.
• Experience with investment funds or financial services preferred.
• CPA or progress toward certification preferred.

Responsibilities

• Manage recurring accounting activities for investment entities.
• Prepare and maintain US GAAP accounting records.
• Support monthly, quarterly, and annual financial reporting.
• Prepare financial statements and disclosures.
• Assist with audits and auditor requests.
• Collaborate with internal teams to resolve reporting differences.

Skills

US GAAP knowledge

Analytical skills

Multi-entity accounting experience

Stakeholder communication

Education

Bachelor's degree in Accounting, Finance, or a related discipline

Job description

Senior Financial Accountant – Fund Accounting

Company Overview

• Our client is an established investment management organization with a diversified institutional investment platform and a strong presence in the alternative investments industry.
• The firm is seeking a Senior Financial Accountant to join its Chicago-based finance organization. This position offers the opportunity to develop specialized investment accounting experience, assume ownership of financial reporting responsibilities, and work closely with experienced accounting and finance professionals.
• The organization offers a collaborative environment with opportunities for professional development, exposure to complex financial transactions, and long-term career advancement.
• Chicago, IL – Hybrid schedule with 3 days per week in the office
• $100,000–$125,000 base salary + 15% annual bonus
• Employer-sponsored retirement plan with matching contributions
• Generous paid time off and additional employee benefits
• Professional development and career advancement opportunities

Position Overview

• The Senior Financial Accountant will support accounting, financial reporting, and related financial activities across a portfolio of investment entities.
• This individual will take ownership of recurring accounting responsibilities, assist with financial statement preparation, analyze financial transactions, and support reporting requirements involving investment funds and related entities.
• The position requires strong accounting fundamentals, analytical capabilities, and the ability to understand complex financial arrangements. The successful candidate will collaborate with accounting leadership and other internal stakeholders to maintain accurate financial records, meet reporting deadlines, and support ongoing improvements to financial processes.
• Beyond traditional accounting responsibilities, the position offers exposure to investment structures, financial analysis, process enhancements, and cross-functional initiatives.

Key Responsibilities

• Manage recurring accounting activities for assigned investment entities and related financial structures
• Prepare, review, and maintain accounting records in accordance with US GAAP
• Analyze financial transactions and determine appropriate accounting treatment
• Perform general ledger reconciliations and investigate accounting discrepancies
• Prepare and review journal entries and supporting financial schedules
• Support monthly, quarterly, and annual financial reporting requirements
• Assist with the preparation of financial statements and related disclosures
• Analyze financial results and explain significant changes in account balances and investment activity
• Maintain schedules supporting ownership interests, financial allocations, and other entity-level activity
• Assist with accounting calculations involving investment returns, capital transactions, and related financial arrangements
• Support the recording and reconciliation of investor contributions, distributions, and other capital activity
• Coordinate with internal teams to validate financial information and resolve reporting differences
• Prepare financial information and supporting analysis for internal management and external stakeholders
• Assist with recurring investor and other stakeholder reporting requirements
• Review underlying agreements and supporting documentation to understand financial and accounting implications
• Support annual audits by preparing reconciliations, schedules, and responses to auditor requests
• Partner with senior accounting professionals on technical accounting questions and reporting matters
• Assist with accounting and reporting requirements associated with new entities or business initiatives
• Identify opportunities to improve recurring accounting workflows and reduce manual processes
• Participate in initiatives involving accounting systems, reporting tools, and process automation
• Collaborate with finance, operations, technology, and other departments to improve the accuracy and efficiency of financial information
• Maintain organized supporting documentation and appropriate financial controls
• Contribute to special projects and additional accounting initiatives as business needs evolve

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline required
• Approximately 3–5 years of relevant accounting experience preferred
• Public accounting experience or accounting experience within financial services, investment management, or another complex financial environment preferred
• Experience working with investment funds, financial institutions, or other multi-entity structures is beneficial
• Strong understanding of US GAAP and financial reporting principles
• CPA designation or progress toward certification preferred