Investment Accountant II

Job Summary:

The Investment Accountant II, Separately Managed Accounts is a hands-on accounting role supporting the firm's Separately Managed Account (SMA) business, which represents over $20 billion in client assets. The role owns the accuracy and integrity of accounting data within Clearwater, the firm's SaaS-based investment accounting system, and works across trade settlement, cash and income processing, pricing, performance, month-end close, and account onboarding and offboarding.

• Own the Tri-Party Reconciliation process across custody position records, Bloomberg IBOR position records, and Clearwater accounting records; work with Clearwater, custodians, and Bloomberg to research and correct any position breaks.
• Perform reconciliations of data between Bloomberg and Clearwater.
• Reconcile mapping tables in Clearwater to ensure reporting files are properly coded for consumption between systems.
• Assist with reconciling which Clearwater accounts belong in each cash batch based on account and custodian complexity.
• Ensure that trades in Clearwater match trade amounts in Bloomberg, and work with the Middle Office and Settlements team to resolve any discrepancies.
• Assist with reconciliation of alternative investments and client positions held outside of Clearwater.

• Review, research, and instruct Clearwater on corrections to any unposted or incorrect journal entries.
• Review all cash entries to confirm they relate only to client contributions and withdrawals, and properly code all other cash activity.
• Work to ensure that unposted income, dividends, interest, and principal paydowns are collected and posted.

• Identify, research, escalation, and coordinate resolution of fixed income or equity transactions not completed by the custodian or broker, in partnership with Middle Office, Settlements, custodians, and brokers.
• Calculate and research accounts for any overdraft amounts, and provide written and timely notification to Portfolio Managers or the Middle Office Settlements team to address the overdraft.

• Support the quarterly Pricing Committee process by preparing pricing exception reports, documenting outcomes, and validating that approved pricing hierarchies are applied correctly across accounts in Clearwater.
• Review that performance is accurate for security-level positions across accounts, and compare Clearwater performance to attribution performance in Bloomberg PORT Enterprise.
• Assist Fund Accounting, Portfolio Management, and the Middle Office with preparing quarterly pricing evaluation reports, and identify any prices or price changes outside of tolerance.

• Perform month-end accounting checks and prepare data for the Client Services team.
• Ensure that BVAL and vendor price data and waterfalls in Clearwater are respected daily, and confirm pricing data accuracy for month end.
• Reconcile Bloomberg trading activity with Clearwater trading activity to confirm all trades are captured and recorded consistently across systems.
• Perform Tri-Party Reconciliation across custody position records, Bloomberg IBOR position records, and Clearwater accounting records as part of month-end close, and confirm that any position breaks are resolved.
• Review unposted entries and confirm that collection or payment was completed, or work with the Middle Office Settlements team or custodians to correct anything out of line.
• Reconcile aggregates among Bloomberg, Clearwater, Composite IQ, and Salesforce.
• Review that entries are documented correctly with trade, settle, and post dates.
• Ensure that analytic data, including yield and duration, is accurate at month end.
• Ensure…