Investment Accounting Manager

Investment Accounting Manager

Location: Research Triangle Park - Hybrid

A growing financial services organization is seeking an Investment Accounting Manager with strong experience in derivative instruments and hedge accounting. This role sits within the investment accounting function and supports accounting, financial reporting, and control activities related to derivatives and hedging strategies.

The ideal candidate brings deep technical accounting knowledge, strong analytical skills, and the ability to partner closely with Investments, Treasury, and external service providers in a fast‑paced, growth‑oriented environment.

Derivative & Hedge Accounting

• Lead month‑end close activities related to derivative instruments, including valuations, settlements, accruals, and journal entries.
• Perform hedge accounting in accordance with US GAAP, including hedge documentation and effectiveness testing.
• Monitor hedge relationships and assess accounting implications of modifications, dedesignations, or ineffectiveness.

Reconciliations & Analysis

• Reconcile derivative positions and valuations across investment systems, custodians, and the general ledger.
• Investigate and resolve reconciling items.
• Perform variance analysis on period‑over‑period changes in balances and P&L.

Financial Reporting

• Prepare derivative‑related financial statement schedules and disclosures.
• Support internal and external reporting requirements related to investment and derivative activity.

Cross‑Functional Partnership

• Partner closely with Investments and Treasury to understand hedging strategies and evaluate accounting impacts of new transactions.
• Coordinate with external service providers and asset management partners as needed.

Process Improvement

• Identify opportunities to enhance controls, streamline workflows, and increase automation across derivative and hedge accounting processes.

• Bachelor's degree in Accounting, Finance, or related field.
• 5+ years of relevant accounting experience, preferably within financial services, insurance, asset management, or investment environments.
• Strong technical understanding of derivative instruments and hedge accounting under US GAAP.
• Advanced Excel skills and strong financial analysis capabilities.
• Experience working with complex investment data and multiple systems.

• Highly analytical with strong attention to detail.
• Comfortable operating in a fast‑paced, high‑growth environment.
• Strong communicator able to collaborate with investment and treasury professionals.
• Proactive, process‑oriented mindset with a focus on continuous improvement.

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.

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  .

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.