Overview
Analyst; Accounting Operations), Columbia Investment Management Jobs in New York City, USA at Columbia University
Position: Analyst (Accounting Operations), Columbia Investment Management Company
- Regular/Temporary:
Regular - Standard
Work Schedule:
- Salary Range: $100,000-$120,000 annually
The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University’s good faith and reasonable estimate of the range of possible compensation at the time of posting.
Columbia University Investment Management Company, LLC, (“IMC”) is a wholly-owned subsidiary of Columbia University charged with stewarding Columbia’s managed assets for the current and future support of the University’s operations and with preserving the purchasing power of the assets over the long-term. Almost all funds are managed externally in a diversified strategy that uses active and passive management techniques across a range of asset classes.
The IMC seeks professionals who embody our values. We seek those who recognize that first and foremost, we are stewards of the University. We are purposeful about the decisions we make, always mindful that decisions must reflect the strategy and the priorities of the organization. We strive to balance the art and science of investing using tools and technology to enhance decision making.
We value technology in our process but know that it is most effective when combined with human judgement and eye towards assessing how we expect markets and processes to evolve over time. We are intellectually honest, holding ourselves and others to account so that we make the best decisions for long-term out performance. Finally, we are a team. A team that shares responsibility for the inputs and outputs of our process.
We believe strongly in collaboration and effective communications as requirements for success.
The IMC seeks professionals who can contribute materially to the management of the portfolio. Independent thinking and open dialogue are actively encouraged, with team members contributing to the skills, thinking, qualitative and quantitative analysis related to a range of the portfolio, including equities, real estate, energy, other real assets, private equity or a variety of public market strategies. The IMC environment is one in which staff members are expected to develop professionally, work collaboratively across asset classes, and assume greater responsibilities according to ability and impact.
Reporting to Chief Financial Officer, the Analyst will be a key contributor in executing IMC’s transaction and reporting processes, as well as enhancing IMC’s overall operations.
Responsibilities include, but are not limited to:
- Assist with the review and processing of daily transactions such as capital calls, distributions, redemptions, and transfers.
- Coordinate the review and updating of monthly and quarterly manager data and ensuring investments are properly set up in IMC’s portfolio accounting system.
- Coordinating directly with the custodian to ensure accounts are appropriately set up and entries are made in accounting and performance measurement systems.
- Collaborating closely with team members to compile, coordinate and review the monthly portfolio accounting and performance data, while identifying areas of process improvements.
- Reviewing monthly reconciliations and reports and identifying issues to senior team members with a focus on controls and areas of process improvements.
- Reviewing the key drivers of investment performance, assist senior team members in understanding changes in the portfolio and working with the investment team to validate observations.
- Working closely with team members to provide project management support.
- Coordinate the review of legal documents to verify fee arrangements and other negotiated terms.
- Assist with maintaining tax information and liaise with the University’s tax department.
In addition, the Analyst is expected to perform other related duties and materially participate in various projects which may include, but are not limited to:
- Participate in the analysis of returns both at an individual manager and overall portfolio level.
- Interfacing with investment managers to increase understanding of information disclosed in financial statements.
- Identifying, recommending and implementing potential workflow improvements using new technologies.
- Critically reviewing, streamlining and/or enhancing reporting tools and make recommendations to facilitate investment management and asset allocation decisions.
- Evaluating changes in investment accounting standards and the related impact on financial reporting.
- Bachelor’s degree and or its equivalent.
- At least two to four years of experience in the investment fund/asset management industry required.
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The candidate must have a fundamental desire to…
Title: Analyst; Accounting Operations), Columbia Investment Management
Company: Columbia University
Location: New York City, USA
Category:
