Investment Accountant

Job Description:

Perkins Coie is seeking a qualified and dynamic individual to take on the responsibilities of the Investment Accountant. This individual is responsible for maintaining the books and records of all Perkins Coie investment entities by partnering with the Investment Accounting, Tax and Finance team members. The Investment Accountant is likewise responsible for cash management, maintaining investment portfolios, investor communication with current and former attorneys and supporting new investment opportunities and exit opportunities where needed.

ESSENTIAL FUNCTIONS

These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation.

• Creating and maintaining detailed records of all investment portfolio transactions in investment software and manual recordkeeping systems.
• Recording monthly interest, dividends, distributions, investments, sales, fund capital calls, and partner capital/distributions.
• Managing and reconciling cash balances and facilitating cash activity for all investment entities, including investment and investor activity.
• Preparing, editing, tracking, coordinating, reviewing, and serving as support for all investment opportunities.
• Researching and obtaining recommendations to respond to current and former attorney’s questions and requests for information.
• Responsible for underlying investment manager communications by saving notices and statements to manual recordkeeping systems, reading the notices and following up with underlying investment managers where needed to understand transaction details and the status of the investments.
• Researching investment funds, SEC policies, and any other investor representation issues.
• Calculating and issuing capital calls and distributions to investors on a regular basis and coordinating with senior payroll accountants for payroll deductions.
• Maintaining compliance with firm/affiliate/governmental guidelines.
• General ledger financial reporting, reconciling accounts to detail schedules, periodic allocation of income taxes and other expenses, ensuring the timely and accurate preparation and distribution of investment entity financial information.
• Inputting and maintaining accurate investors and investments in manual recordkeeping systems and inputting investment allocations, commitments and transactions in investment accounting system.
• Leveraging investment accounting system for timely reporting of investment activity by investor and for ease in completing annual financial statements.
• Managing investment accounting system and backup to user maintenance.
• Working closely with the tax department to provide information needed to complete the investment entity tax returns.

SPECIFIC SKILLS REQUIRED

• Demonstrated ability to personally work effectively with partners and other affiliates of the firm, including their CPAs.
• Working knowledge in flow-through entity accounting.
• Effective multitasking and prioritization skills.
• Strong organization, problem solving, planning, and decision-making skills.
• Ability to express self effectively, both orally and in writing.
• Ability to establish effective working relationships throughout operational groups.
• Fluent in MS Office applications, especially Excel.
• High-level ability to perform financial analysis.
• Good knowledge of GAAP and standard databases.
• Detail oriented, while maintaining focus on larger picture.

SPECIFIC SKILLS PREFERRED

• Fund administration software.
• Working knowledge in investment accounting and/or partnership accounting.

EDUCATION AND EXPERIENCE

Qualified candidates must have a bachelor’s degree in business administration, finance, accounting, or equivalent, as well as a minimum of 5 years of progressively responsible accounting experience, CPA preferred. Those with a minimum of 2 years of investment fund administration experience are preferred. 

At Perkins Coie, we look for self-motivated individuals dedicated to providing value and superior service and who have a high degree of integrity and enthusiasm for their work. We have created a company culture based on collaboration, devotion to serving our clients, and mutual respect. Perkins Coie is committed to advancing diversity and inclusion both within the firm and throughout our collective communities. Work with one of the