Location: Washington,DC, USA
Finance and Accounting Professional - Financial Operations and ReportingWashington,DCAbout UsSolomonEdwardsGroup, LLC (“SolomonEdwards”) is a full-service professional services firm offering financial, operational and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwardsPosition Summary:The Finance and Accounting Professional will work closely with the Financial Operations Team Lead on Debt Securities portfolio program, investment project management, financial and portfolio performance reporting, technology/automation development, and knowledge transfer/learning activities. The individual is expected to independently undertake substantive pieces of work and deliver world class equity support services in coordination with relevant investment, mobilization, funds, credit and risk management teams.Essential Duties:• Review and settle all debt securities and custody related investment agreements within the current and future servicing capabilities of the Unit.• Perform end-to-end transaction processing, commitment booking, disbursement processing, ad-hoc invoice processing, payment clearing and application and portfolio support activities including review of transactions in the loan accounting system.• Review signed loan agreements and ensure that all terms and conditions are correctly reflected in the systems and processes of the Unit.• Ensure consistency of commitment and disbursement transactions between the agreements, client instructions in accordance with Operational Procedures.• Initiate processing, monitoring, compliance and reporting of exceptional investment transactions, such as corporate actions, mergers and acquisitions, redemptions, restructurings and cancellations.• Liaise with Custodian on all aspects of debt security transaction processing and settlements. Provide settlement and accounting support to Investment departments on all related transactions.• Manage end-to-end disbursement processes via system interfaces to ensure compliance with funding and settlement procedures and guidelines.• Review and verify all entries to ACBS/CFApps, e.g. call of funds and service payments, to ensure quality and service standards.• Analyze and reconcile major clearing and suspense accounts in Investran system within assigned portfolio.• Handle internal and external communications regarding disbursement and service payment procedures and processes.• Support Unit system enhancement and process improvement initiatives.• Support and carry out the technical workplan(s) in the absence of other Team Members when appropriate.Qualifications:• Bachelor's degree in Accounting, Finance, Business, or similar is required.• 3-5 years of work experience in debt securities and custody operations is required.• Knowledge of international market custody operations is preferred.• Understanding of accounting concepts and knowledge of Financial Products is required.• Experience with and broad knowledge of iDesk, iPortal, EPMS TM, EPMS VM, Investran Equity, Quantum, SAP, CSIP, and SWIFT/SAM is preferred.Skills and Job-Specific Competencies:• Proven track record of achieving high quality results, managing programs and delivering client value-added services to meet team and departmental objectives.• Recognized as a team player and problem solver.• Proven ability to conceptualize, design, and implement innovative solutions and challenge the status quo.• Demonstrated ability and reliability to identify opportunities for automation and propose the right and sustainable solutions to improve operational efficiency.• Experience working with IT in the design and deployment of system and process improvements.• Demonstrated strong written and verbal communication skills and ability to convey complex issues concisely to management, colleagues, and clients.• Strong sense of service to clients and demonstrated ability to obtain results in a time pressured environment.Travel Requirements: No travel will be required, unless at the client's discretion.Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices.Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $50 – $60 hr.Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k).Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated.We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves.Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy.Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise.Job Ref: 141777