Senior Financial Accountant

Senior Financial Accountant – Fund AccountingCompany OverviewOur client is an established investment management organization with a diversified institutional investment platform and a strong presence in the alternative investments industry.The firm is seeking a Senior Financial Accountant to join its Chicago-based finance organization. This position offers the opportunity to develop specialized investment accounting experience, assume ownership of financial reporting responsibilities, and work closely with experienced accounting and finance professionals.The organization offers a collaborative environment with opportunities for professional development, exposure to complex financial transactions, and long-term career advancement.

Do not wait to apply after reading this description a high application volume is expected for this opportunity.
Location, Compensation & BenefitsChicago, IL – Hybrid schedule with 3 days per week in the office$100,000–$125,000 base salary + 15% annual bonusComprehensive medical, dental, and vision benefitsEmployer-sponsored retirement plan with matching contributionsGenerous paid time off and additional employee benefitsProfessional development and career advancement opportunities
Position OverviewThe Senior Financial Accountant will support accounting, financial reporting, and related financial activities across a portfolio of investment entities.This individual will take ownership of recurring accounting responsibilities, assist with financial statement preparation, analyze financial transactions, and support reporting requirements involving investment funds and related entities.The position requires strong accounting fundamentals, analytical capabilities, and the ability to understand complex financial arrangements. The successful candidate will collaborate with accounting leadership and other internal stakeholders to maintain accurate financial records, meet reporting deadlines, and support ongoing improvements to financial processes.Beyond traditional accounting responsibilities, the position offers exposure to investment structures, financial analysis, process enhancements, and cross-functional initiatives.
Key ResponsibilitiesManage recurring accounting activities for assigned investment entities and related financial structuresPrepare, review, and maintain accounting records in accordance with US GAAPAnalyze financial transactions and determine appropriate accounting treatmentPerform general ledger reconciliations and investigate accounting discrepanciesPrepare and review journal entries and supporting financial schedulesSupport monthly, quarterly, and annual financial reporting requirementsAssist with the preparation of financial statements and related disclosuresAnalyze financial results and explain significant changes in account balances and investment activityMaintain schedules supporting ownership interests, financial allocations, and other entity-level activityAssist with accounting calculations involving investment returns, capital transactions, and related financial arrangementsSupport the recording and reconciliation of investor contributions, distributions, and other capital activityCoordinate with internal teams to validate financial information and resolve reporting differencesPrepare financial information and supporting analysis for internal management and external stakeholdersAssist with recurring investor and other stakeholder reporting requirementsReview underlying agreements and supporting documentation to understand financial and accounting implicationsSupport annual audits by preparing reconciliations, schedules, and responses to auditor requestsPartner with senior accounting professionals on technical xzbcwsv accounting questions and reporting mattersAssist with accounting and reporting requirements associated with new entities or business initiativesIdentify opportunities to improve recurring accounting workflows and reduce manual processesParticipate in initiatives involving accounting systems, reporting tools, and process automationCollaborate with finance, operations, technology, and other departments to improve the accuracy and efficiency of financial informationMaintain organized supporting documentation and appropriate financial controlsContribute to special projects and additional accounting initiatives as business needs evolve
QualificationsBachelor's degree in Accounting, Finance, or a related discipline requiredApproximately 3–5 years of relevant accounting experience preferredPublic accounting experience or accounting experience within financial services, investment management, or another complex financial environment preferredExperience working with investment funds, financial institutions, or other multi-entity structures is beneficialStrong understanding of US GAAP and financial reporting principlesCPA designation or progress toward certification preferred