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Associate, Portfolio Operations

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MG Stover & Co.

2021-12-03 07:32:06

Job location Denver, Colorado, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

About MG Stover:
MG Stover & Co. is a fast-growing financial services firm headquartered in Denver with an additional office in NYC. We provide accounting and reporting services to alternative investment funds. Our skilled portfolio operations team is responsible for all aspects of our clients' portfolios including trade processing, reconciliation, and position reporting.

Associate, Portfolio Reconciliation Overview:
Associates in our Portfolio Operations team support the portfolio activity primarily of our hedge fund clients and work in collaboration with MG Stover's Fund Accounting team to produce accurate and timely reporting to our clients. The goal of the group is to monitor and process client trade activity, reconcile positions, and properly account for client investment portfolios, with an immediate focus on cryptocurrencies and digital assets. Through constant reevaluation of processes, the team aims to create efficiencies and shorten the monthly reporting turn-around time. The ideal candidate will be an innovative thinker who dives in and learns a new asset class from the ground floor.

Responsibilities:
Daily and weekly reconciliation depending on client needs/complexity
Oversight of client investment activity in order to compile financial records
Maintain relationships with Portfolio Managers and General Partners
Daily and Monthly portfolio review
Collaborate with internal Fund Accounting teams to ensure reporting deadlines are met in accordance with various engagements
Requirements

Required:
The desired candidate will have a bachelor's or master's degree in finance or accounting and be detail oriented, organized and able to manage various engagements and their deadlines.

Preferred:
CPA or CPA candidate
Experience with investment fund auditing or accounting
Benefits
24 days PTO annually + 7 holidays
Medical, including a 100% employer-paid plan
Dental, including a 100% employer-paid plan
Vision
Matching 401(k) - 100% match on 4% of salary and immediate vesting
Employer-provided Life Insurance and Accidental Death and Dismemberment {AD&D} insurance
CPA Bonus & CPE expense coverage
Flexible Spending accounts for: medical, dependent care, parking and commuter costs
Legal Plan
Voluntary Benefits: pet insurance, Aflac insurance, supplemental life & AD&D insurance, etc
Employee Assistance Program (EAP)

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