Investment Accountant II

Investment Accountant II

PTMA Financial Solutions St Louis Park, Minnesota, United States

PTMA Financial Solutions, provides treasury management, liquidity management, and other financial products and services to the public sector. In addition to more than 12,000 local governments, school districts and other public entities, we also partner with over 1,000 financial institutions to help strengthen communities from coast to coast. Our family of financial services companies offers local government investment pool administration, investment advisory services, term investments, cashflow analysis, bond proceeds management, and public finance services for public entitiesplusstable deposit funding solutions for financial institutions.

Our financial expertise, comprehensive products, and advanced technology help clients achieve more today for a better tomorrow. The firm’s primary operational hubs are in Denver, Colorado, and Naperville, Illinois, with other offices throughout the United States.

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 off‑boarding.

• 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, elevate, 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,…