Investment Accounting Manager POST NUMBER: 469748

Investment Accounting Manager

Location: Research Triangle Park - Hybrid

About the Role

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.

Key Responsibilities

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.

Qualifications

• 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.

Key Attributes for Success

• 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.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.