The Investment Accountant will be responsible for the University's investment and endowment accounting functions.  The Investment Accountant will play a critical role in reviewing and reconciling accounting transactions and cash analysis of the endowment portfolio, maintaining investment and endowment activity in endowment management software, as well as interacting with the University's outsourced chief investment officer ("OCIO").

The primary responsibilities for this position include recording financial transactions and activity associated with investment and endowment transactions, reconciling various general ledger accounts, reviewing K1's related to partnership investments, assisting with preparation of unrelated business income tax federal and state returns, playing a key role in assisting management during year-end close and annual financial audits, analyzing and preparing financial reports, and ensuring compliance with GAAP, UPMIFA and university policies and regulations. 

• Review reporting provided by OCIO to verify and reconcile transactions and monthly performance reporting.
• Review investment manager funding and distributions and verify cash movement.
• Reconcile financial data of the investment portfolio to the general ledger and endowment management software (Fundriver).
• Prepare all investment and endowment related information for quarterly reporting and year-end close, including information for the annual external audit and 990 filing.
• Calculate shares, market values, market value per share, and underwater endowments using endowment management software.
• Maintain investment data such as holdings, liquidity, and investment classifications.
• Prepare journal entries for all investment and endowment related activities.
• Record and reconcile gifts and create new endowments in endowment management software.
• Calculate and prepare the endowment distribution of income to each endowment spending fund.
• Prepare estimates and projections of endowment spending distributions as requested.
• Research and respond to endowment and fund balance inquiries.
• Evaluate and make recommendations to improve processes that support investment and endowment operations and reporting.
• Review partnership K1s for unrelated business income and other required IRS disclosure reporting.
• Assist with preparation of 990T and state unrelated business income tax returns.

Requirements:

• Bachelor's degree in accounting or related field required.
• Minimum of 3 years investment accounting experience required.
• Strong knowledge and understanding of accounting standards and practices as they relate to investment and endowment management required.
• Thorough understanding of different asset classes, including alternative investments required.
• Knowledge and understanding of investment portfolio management and accounting, and investment performance analytics and concepts required.
• Excellent attention to detail and strong quantitative and analytical skills required.
• Ability to work independently with minimal supervision required.
• Ability to manage tasks with various/multiple deadlines required.
• Proficiency with Microsoft Office Suite, especially Excel required.
• Experience with automated accounting systems; Banner preferred.
• Experience with endowment management software; Fundriver preferred.
• Prior experience working with and contributing to a diverse workplace with the ability to interact effectively with a broad range of constituents on campus
• Hybrid work schedule