Investment Accounting Director

Description

Responsible for developing and implementing accounting policies and internal controls, including appropriate reconciliation procedures, for deposit accounts, cash and investments, including stocks, bonds, derivatives, private limited partnerships and hedge funds. Develops and implements analytical monitoring tools to review and analyze investment transactions, valuations, performance and performance against benchmarks. Has oversight over the preparation of cash and investment disclosures for audited financial statements and other reports; directs the investment portion of the audit. Participates in investment manager due diligence. Education and Experience: masters degree or equivalent required, CFA highly desirable. Five or more years of related experience. Strong expertise in finance, investment management and portfolio theory and thorough understanding of portfolio risk management concepts and tools. The primary duty of employees in this classification is the management of a customarily recognized department or subdivision, including the supervision of three or more full-time equivalent employees every week. Direction is over a permanent status-continuing function, not a collection of employees assigned to complete a project. Management duties include interviewing, selecting and training of employees; setting and adjusting their rates of pay and hours of work; planning and directing their work; appraising their productivity and efficiency for the purpose of recommending promotions or other changes in their status; handling their complaints and grievances and disciplining them when necessary. Management responsibilities include the authority to hire, fire, or promote assigned employees or make recommendations that are given particular weight. Employees have impact on budgeting, controlling costs, planning, scheduling, and procedural change. Under FLSA, this is the exempt job classification for this title. Incumbents in this position must meet the full criteria for exempt status: salary level, salary basis, and duties tests.