Investment Accounting Associate (Entry-Level)
William Blair & Company
$68,000 - $83,000 / year
Need a reasonable accommodation to apply or interview? Contact us.
JobMinglr uses automated technology to recommend jobs based on profile information and job preferences. Match Score does not determine eligibility for a position, prevent a user from viewing or applying to a job, or make hiring decisions on behalf of an employer.
Description
Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.
Join William Blair, the Premier Global Partnership.
- Perform accounting reconciliation responsibilities for assigned investment accounts, such as reconciling daily transaction activity, security positions, market value and cost value.
- Ensure William Blair’s accounting records are accurate and reconciled with clients’ custodial books and records.
- Address all accounting and account related requests and inquiries from external and internal clients in a timely manner
- Participate in projects and ad hoc items as required.
- Ensure Reconciliation policies and procedures are also followed. Recommend changes or updates to processes/procedures to senior staff when warranted.
- Participate in projects and ad hoc items as required.
- Develop and maintain subject matter expertise of investment accounting principles.
- Ensure Reconciliation policies and procedures are also followed. Recommend changes or updates to processes/procedures to senior staff when warranted.
- Serve as a backup for investment accountants when coverage needs arise.
- Assist supervisor and team lead with training of new investment accountants.
- Additional responsibilities as requested.
Qualifications:
- Bachelor’s Degree in Finance, Accounting, Business or related field required
- Prior experience in an investment accounting role within equities preferred
- Experience working with or at an investment management firm (through an internship or full-time) preferred
- Strong desire to learn investment accounting concepts, processes and platform
- Excellent quantitative reasoning, problem solving and analytical skills
- Detail oriented and able to prioritize tasks
- Demonstrates initiative and persistence
- Able to exercise independent judgment
- Commits to satisfying internal and external customers
- Delivers clear, effective communication and commits to understanding others
- Proficient in Microsoft Excel and Word
- Ability to work from the Chicago office 2x per week; hybrid
#LI-HK1
A reasonable estimate of the current base salary range at time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is based on several factors, including but not limited to applicant's skills, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and, if applicable, the location of the position.
This role is eligible for either a discretionary annual bonus (based on company, business unit and individual performance) and/or commission-based incentives.
Our featured benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
About Our Firm
William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.
William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v
Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.
Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.
Download William Blair's privacy policies for job applicants:
- California Consumer Privacy Act Privacy Notice (CCPA)
- General Data Protection Regulation Privacy Notice (GDPR)
Contact us should you have any questions or concerns.
Benefits
- health insurance
- vision insurance
- 401(k)
- paid time off
- parental leave
- life insurance
- bonus
About this role
William Blair's investment accounting team handles two core functions: reconciliation of security positions and cash balances across client accounts, and processing of corporate actions like mergers, dividends, and stock splits. As an Investment Accounting Associate, you'd perform daily reconciliation work, verify that the firm's records match custodial records, respond to client inquiries, and help process corporate events in coordination with trading groups and external custodians. The role also involves identifying process improvements, developing expertise in investment accounting principles, and supporting team training as needed.
This entry-level position suits candidates with a bachelor's degree in finance, accounting, or a related field, ideally with some prior exposure to investment accounting or experience at an investment management firm. You'll need strong analytical and problem-solving skills, meticulous attention to detail, Excel proficiency, and the ability to work independently while managing competing priorities. A genuine interest in learning investment accounting concepts and platforms is essential.
The role is based in Chicago with a hybrid arrangement requiring two days per week in the office. The salary range is $68,000 to $83,000, with eligibility for discretionary bonuses and benefits including medical and dental coverage, 401(k) with profit sharing, paid time off, and parental leave options.
This role's local market on JobMinglr
Pay for this role
$68,000 to $83,000 per year
That is the employer's posted range, and where you land in it is usually decided in one conversation. Before that conversation, run the numbers: analyze an offer for this role.
Before you apply, worth reading
How JobMinglr reads this job
Every listing here is scored against your profile before you apply: skills overlap, experience level, location and work arrangement, each weighted and explained. You see the score and the reasons, not just a list. How the matching works.