Asset Control Specialist
Beacon Hill Staffing Group

Boston, Massachusetts

This job has expired.


Our client, a Boston based Investment firm, is actively looking for an Asset Control Specialist to join their team. In this role you will be responsible for the daily cash reconciliations of complex Institutional clients and retail mutual fund accounts. This is a hybrid role working part of the time in their Boston office and the rest of the time from home. Interested candidates must have a Bachelors degree and 2+ years of experience processing cash reconcliations for funds.

RESPONSIBILITIES:
1. Reduces operational risk by reconciling cash and assets (including shares/par, market value, cost, etc.) between the company and custodians on a daily basis, researching and resolving all differences in a timely manner.
2. Reduces exposure to non-trading currencies by monitoring currency balances and overdrafts, assisting the team to ensure appropriate repatriation and requesting foreign exchange transactions.
3. Works with colleagues to complete tasks that satisfy client-specified investment guidelines or reporting requirements, including month end Total Market Value reconciliations and Sarbanes-Oxley certifications.
4. Reconciles total net assets between the company and custodians or administrators on a monthly basis, researching and resolving any discrepancies identified during the process.
5. Ensures accuracy of the company's accounting system by working with the Global Client Administration Team to process appropriate adjustments including but not limited to foreign exchange transactions and other cash entries.
6. Assists Team Leaders in reviewing daily and monthly reports, and assumes additional responsibilities as requested.
7. Assists with testing new systems/processes/procedures, provides coverage as assigned and trains new employees on daily tasks.

Beacon Hill is an Equal Opportunity Employer that values the strength diversity brings to the workplace. Individuals with Disabilities and Protected Veterans are encouraged to apply.


Company Profile:

Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.

Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.

Learn more about Beacon Hill Staffing Group and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.beaconhillstaffing.com.

We look forward to working with you.

Beacon Hill. Employing the Future™


This job has expired.

Get Hired Faster

Subscribe to job alerts and upload your resume!

*By registering with our site, you agree to our
Terms and Privacy Policy.

More Financial Services jobs


Compeer Financial
Mankato, Minnesota
Posted about 2 hours ago
Compeer Financial
Mankato, Minnesota
Posted about 2 hours ago
Compeer Financial
Lakeville, Minnesota
Posted about 2 hours ago
View Financial Services jobs »