Senior Portfolio Accountant

MedStar Health; Boston (MA); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading company in the finance sector is seeking a Sr. Portfolio Accountant to manage daily and monthly accounting processes for multiple portfolios. The role involves trade capture, valuation, reconciliation, and reporting, requiring strong analytical skills and 5-8 years of relevant experience.

Benefits

Discretionary bonuses

Medical, dental, and vision benefits

401(k) retirement plan

Qualifications

• 5-8 years of relevant experience in fund accounting, preferably with a hedge fund or fund administrator.
• Strong understanding of investment accounting and financial instruments, including derivatives.
• Experience in preparing NAV packages and investor reporting.

Responsibilities

• Maintain portfolio accounting for hedge fund strategies including equities, fixed income, derivatives, and structured products.
• Review and reconcile daily trades, positions, and cash balances between internal systems.
• Prepare monthly and quarterly NAV packages and investor reporting.

Skills

Analytical skills

Communication skills

Detail-oriented

Organizational skills

Education

Bachelor's degree in Accounting, Finance, or related field

CPA or progress toward CPA

Tools

Portfolio accounting systems

Advanced Excel

Job description

Vaco Boston has partnered with a highly reputable hedge fund in Boston and they are looking to bring on a Sr. Portfolio Accountant to their team. The role will be responsible for managing the daily and monthly accounting processes for multiple portfolios. This will include trade capture, valuation, reconciliation, P&L reporting and interaction with brokers and administrators.
Responsibilities

• Maintain portfolio accounting for hedge fund strategies including equities, fixed income, derivatives, and structured products
• Review and reconcile daily trades, positions, and cash balances between internal systems, prime brokers, and fund administrators
• Prepare monthly and quarterly NAV packages and investor reporting
• Analyze daily and monthly P&L and performance reporting
• Ensure compliance with fund documents and accounting policies
• Assist with annual audit process and financial statement preparation
• Liaise with external service providers, including fund administrators, auditors, and custodians
• Support the implementation of new systems, process improvements, and controls
• Work closely with operations, compliance, and portfolio management teams

Qualifications

• Bachelor's degree in Accounting, Finance, or related field; CPA or progress toward CPA a plus
• 5-8 years of relevant experience in fund accounting, preferably with a hedge fund or fund administrator
• Strong understanding of investment accounting and financial instruments, including derivatives
• Experience with portfolio accounting systems
• Advanced Excel skills; experience with automation tools a plus
• Excellent analytical and communication skills
• Highly organized, detail-oriented, and able to manage multiple deadlines

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer 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 federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [e-mail] .

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

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "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 may access our policies here.

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;
• 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.