$80,000-$90,000 Annual Base Salary + Bonus and Benefits
4 Year Degree
As a member of the collaborative, highly skilled Investment Operations Team, the Accounting & Client Reporting Associate will utilize their demonstrated accounting and client service skills to provide support to our non-profit clients in pursuit of their missions. The Associate will have a clear path to hone and develop their skills in accounting and financial analysis. The position is well suited for career-minded professionals that are excited to apply and develop a variety of skills across accounting and finance disciplines, including investment performance, audit, tax, and finance. The successful candidate is accountable, adaptable, unselfish, precise, and an agile learner.
This position requires the candidate to spend 2 days per week with team members in CornerStone’s Charlottesville office. With additional time in the office during the initial training period.
Compensation: $80,000-$90,000 Annual Base Salary + Bonus and Benefits
Upon completion of training, the Operations Associate will have a wide range of responsibilities, including:
Review of accounting and performance data provided by the custodians
Preparation of monthly and quarterly client portfolio reports
Maintenance of investment performance and analytical platforms
Calculation and/or review of client performance returns and related metrics, such as:
Private equity investment account reconciliations and performance measures
Portfolio-level risk and exposure analysis
Performance attribution analysis
Portfolio liquidity tracking and cash flow analysis
Investment-related client audit and tax support
Investment transaction processing and other portfolio administration functions
Special projects: potential project areas may include data analytics
Excellent accounting skills with the ability to deal with high volumes of diverse information flows and to assimilate these into formats that are accurate, relevant and meaningful
Exceptional client service skills, with the ability to serve clients and their service providers directly, as an extension of client staff
Attention to detail and the ability to spot errors and work with extreme precision
Aptitude and preference to thrive in a collaborative, team-oriented environment
Superior interpersonal skills and the ability to communicate effectively in writing and in person
Ability to work independently and adhere to strict deadlines
Advanced skills in Excel, PowerPoint and Word
Understanding of non-profit accounting and taxation
Experience and/or interest in the investment industry and financial analysis
Experience with data analytics, data manipulation, and/or APIs
Experience & Education
Minimum of 2 years of professional experience
Minimum BA, BS or equivalent required, CPA, other technical certifications, and/or advanced degree helpful
CornerStone Partners, based in Charlottesville, Virginia, serves as the outsourced investment manager (OCIO) for nonprofit organizations. Our clients rely on the returns generated by their investment portfolios to fund their missions in areas such as health, education, conservation, and improving communities. They hire CornerStone to manage their investment program, including full-scale back office operational and administrative support. The firm manages approximately $12 billion (as of March 31, 2023) and has 32 employees including 10 operations professionals. CornerStone is a dynamic, growth-oriented firm committed to developing a diverse and equitable workforce.
Please submit a resume and cover letter by visiting our Careers page at www.cstonellc.com/careers and click "Apply for Open Positions." Applications will be reviewed as they are received, and we will be conducting interviews until the position is filled. CornerStone is not able to sponsor employees who would require a visa to work in the U.S.
Contact Susan Holtzman, HR Manager, with any questions about the position or to learn more about CornerStone Partners at email@example.com.
CornerStone Partners is an outsourced investment office (OCIO) in Charlottesville, Virginia. Our clients rely on the returns generated by their investment portfolios to fund their missions in health, education, conservation, and building and improving communities. They hire CornerStone to manage their investment program, including full-scale back office operational and administrative support. CornerStone is a dynamic, growth oriented firm committed to developing a diverse and equitable workforce.