You will prepare and review monthly financial statements. This includes the preparation of internal financial reports for the Board of Directors and Audit Committee, as well as the preparation of financial statements for external auditors and outside agencies. You’ll perform daily reconciliation of all transactional investment activity (including buys, sells, income, paydowns, redemptions, maturities, calls) and processing of all corporate actions (spin-offs, mergers, stock splits, exchanges, e... more details
Sr Investments Accountant
The Automobile Club of Southern California is seeking a Sr Accountant to support our Investment team. This position is responsible for preparing the investment information in the financial statements for the various entities of the organization.
What You’ll Do:
You will prepare and review monthly financial statements. This includes the preparation of internal financial reports for the Board of Directors and Audit Committee, as well as the preparation of financial statements for external auditors and outside agencies.
You’ll perform daily reconciliation of all transactional investment activity (including buys, sells, income, paydowns, redemptions, maturities, calls) and processing of all corporate actions (spin-offs, mergers, stock splits, exchanges, etc.). Research and reconcile accounting issues for management and other departments as well as outside agencies.
You’ll perform month-end close, including the review and recording of all investment journal entries, and preparation of any required supporting documentation. Also prepare all monthly, quarterly and annual investment reports in accordance to the current reporting requirements.
Cash Management - Approves wires from custodian bank, ensures that funds are available for expected cash outflows and recommends wire amounts to fund Pension disbursements. Invests overnight funds.
You will access Bloomberg terminal to obtain the necessary information for ACE investments to update PFI related to the daily activity (SMF set ups, floating rate securities, ratings, etc.).
You will maintain investment accounting subledger (PFI) with all regulatory/software updates.
You’ll perform maintenance of GAAP, STAT and TAX reporting databases, addition/deletion of portfolios/managers, and testing of software updates in “stage” environment.
Develop, revise, and implement procedures. Provide support to department as needed.
What You’ll Need:
A bachelor's degree in accounting required.
CPA strongly preferred.
Four - Six years of Accounting experience.
Strong written and verbal communication skills.
Proficiency in Microsoft Office is required, excel advanced level.
A working knowledge of Bloomberg is preferred.
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The starting pay range for this position is:
$94,900.00 - $126,500.00
Additionally, you will be eligible to participate in our incentive program based upon the achievement of organization, team and personal performance.
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Remarkable benefits:
• Health coverage for medical, dental, vision
• 401(K) saving plan with company match AND Pension
• Tuition assistance
• PTO for community volunteer programs
• Wellness program
• Employee discounts
Auto Club Enterprises is the largest federation of AAA clubs in the nation. We have 14,000 employees in 21 states helping 17 million members. The strength of our organization is our employees. Bringing together and supporting different cultures, backgrounds, personalities, and strengths creates a team capable of delivering legendary, lifetime service to our members. When we embrace our diversity – we win. All of Us! With our national brand recognition, long-standing reputation since 1902, and constantly growing membership, we are seeking career-minded, service-driven professionals to join our team.
“Through dedicated employees we proudly deliver legendary service and beneficial products that provide members peace of mind and value.”
AAA is an Equal Opportunity Employer
The Automobile Club of Southern California will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
