Fund Accountant

As a Fund Accountant at Global Atlantic Financial Group, your main responsibilities include clearing and reconciling investment-related transactions across various financial subledgers. You'll work closely with third-party service providers to ensure timely transaction clearance and proper recognition in the general ledger. Additionally, you'll support the monthly monitoring of investment-related suspense accounts and assist with preparing US GAAP and statutory reconciliations.

To apply for the Fund Accountant position at Global Atlantic, you should hold a BS in Finance, Accounting, or a related field, with a CPA or MBA being preferred. Moreover, you should have a minimum of four years of relevant experience in Investment Accounting or Operations, alongside strong computer skills, particularly in MS Excel. Familiarity with Clearwater Analytics and a focus on process improvement will be advantageous as well.

The compensation for the Fund Accountant role at Global Atlantic is competitive and based on various factors including geographic location, work experience, and educational qualifications. The base salary range is set between $90,000 and $105,000 USD, along with annual cash bonuses, long-term incentives, and a comprehensive benefits package that promotes employee well-being and work-life balance.

Global Atlantic Financial Group fosters a culture that emphasizes integrity, teamwork, and community outreach. Employees thrive in a fast-paced environment where innovation and accountability are paramount. The company values diversity and inclusion, making it a welcoming place for individuals from various backgrounds to contribute towards common goals.

The Fund Accountant position at Global Atlantic is primarily an in-office role, where employees in Boston are expected to work on-site 3 to 4 days a week. The company values in-person collaboration while still offering flexibility.

In your response, detail your previous roles where you handled investment reconciliations. Highlight specific tools or software you've used, such as Clearwater Analytics or financial subledgers, and discuss your understanding of both GAAP and statutory reporting requirements.

Discuss your approach to prioritization, including how you assess the urgency and significance of tasks. It can be helpful to mention any tools or methods you use, such as task lists or project management software, to stay organized and efficient.

Share specific examples of process improvements you've implemented in past positions. Talk about the problems these improvements addressed, how you garnered team support, and the positive outcomes resulting from these changes. This will demonstrate your ability to think critically and implement functional solutions.

When answering this question, use the STAR method (Situation, Task, Action, Result) to clearly outline the challenge, your specific responsibilities, the actions you took to resolve it, and the successful outcomes of your efforts. This structure helps interviewers follow your thought process.

Be prepared to discuss your proficiency with Excel, including any advanced functions you're familiar with—such as VLOOKUP, pivot tables, or macros. Mention any experience you have with data analysis tools or software that are relevant to investment accounting.

Express your belief that effective collaboration is essential in the role of a Fund Accountant. Provide examples of how you've effectively worked with team members, third-party service providers, and stakeholders to achieve common objectives in your previous jobs.

Discuss your commitment to professional development by mentioning specific resources you utilize, such as attending webinars, participating in industry groups, or subscribing to relevant publications that keep you informed about changes in accounting standards and regulations.

Share a specific example where your analytical skills made a positive impact. This could include how you identified discrepancies during reconciliations or how analysis of data led you to propose a process improvement.

Clearly explain the differences between GAAP and statutory accounting principles, focusing on their purpose and major distinctions. This shows your foundational knowledge necessary for the Fund Accountant position.

Convey your enthusiasm for the company’s mission and culture. Highlight aspects of Global Atlantic that resonate with you personally or professionally, such as their commitment to excellence, innovation, and diversity, and how they align with your career goals.