Investment Accountant

Organization

• The Leona M. and Harry B. Helmsley Charitable Trust (“Helmsley”) is a global
• philanthropy driven by a vision of building better futures for people by
• increasing access to healthcare, advancing new research and ideas, and improving
• the quality of everyday life. Helmsley strives to make a meaningful impact in
• its focus areas, matching its significant financial assets with a rigorous and
• results-oriented approach. Helmsley is committed to close and productive
• partnerships with its grantees, as well as with other funders and impact players
• in government, academia, and the private sector who share its interests and
• goals. Above all, Helmsley endeavors to be forward-thinking in every aspect of
• its work and will take risks that others cannot or will not take when the
• risk/reward trade-off warrants.

• Since 2008, when Helmsley began its active grantmaking, it has committed more
• than $5.4 billion. For more information on Helmsley, please visit
• https://helmsleytrust.org/ [https://helmsleytrust.org/].

Position Summary

• The Investment Accountant is an integral part of the Finance team and assists in
• accounting for the investments of Helmsley’s endowment of approximately $7.6
• billion. This role requires a partnership philosophy with Helmsley’s internal
• and external parties. The Investment Accountant reports to the Tax and
• Investment Accounting Manager.

Essential Duties and Responsibilities

• Investment Accounting and Investment Administration
• Ensure that Helmsley’s financial controls, investment accounting policies and

procedures are maintained and enhanced.

• Ensure accurate and timely processing and accounting of investment

transactions, including

• Settlement of trades
• Monitoring movement of securities
• Cash and position reconciliations, accruals, etc.,
• Execution of capital calls, receipt of distributions, and other capital

activities

• Monthly/quarterly management fee analysis and payment
• Preparation of accounting and tax journal entries
• Other shadow accounting activities as appropriate
• Stay current with evolving accounting, technology, and reporting

considerations of investment products.

• Manage cash flow forecasting and analyses to ensure sufficient liquidity to

meet grantmaking, operational and strategic funding requirements.

• Manage dynamic interaction and cooperation with Investments Department.
• Perform as primary contact for relationship and collaboration of investment

• administration with Master Custodian Bank to ensure smooth operations and
• timely resolution of issues.

• Prepare annual financial audit workpapers and act as liaison with outside

auditors on investment accounting matters.

Tax Matters

• Analyze Schedules K-1.
• Prepare tax workpapers.
• Review foreign filings.

Desired Qualifications

• Bachelor’s degree in accounting or related experience. CPA preferred.
• Minimum 3 years of experience applying accounting principles to investment

• accounting for all types of securities and alternative investments at an
• investment firm or endowment.

• Flexibility and adaptability commensurate with working in a fast-paced

environment.

• Experience with Microsoft Office Suite, corporate enterprise-wide accounting

software and ability to adapt to new systems.

• Prior experience with master custodial banks.
• Strong planning, organization, and time management skills, and ability to

meet deadlines.

• Meticulous attention to detail.
• Must be able to maintain confidentiality of financial information.
• Excellent written and oral communication skills, including the ability to

• convey relevant financial information in a clear, concise manner to a
• non-technical audience.

• Must thrive in a team-setting but work well independently and

self-sufficiently.

• Positive attitude under pressure.

Salary, Health, Well-being, and Living Our Mission

• Helmsley is dedicated to creating stronger, healthier futures for communities in
• the U.S. and around the world. Helmsley colleagues are intelligent, creative,
• forward thinking, and strongly committed to working productively with each other
• and with our grantee partners. Each was drawn to Helmsley by the same
• opportunity: to help build this young organization into a leading global
• charitable institution that will drive meaningful and measurable positive change
• in lives throughout the U.S. and around the world for years to come.

• Helmsley is committed to offering competitive and equitable compensation
• commensurate with experience. The targeted starting salary range for this
• position is $98,000 – $102,800.

Comprehensive benefits currently offered to employees (subject to change)

include

• Employer-paid medical, dental, and vision for employees and their families
• Generous 401(k) employer contribution
• Hybrid work schedule (up to two remote days a week)
• 23+ paid vacation and sick days
• 13+ paid holidays
• End of year office closure
• Summer Fridays
• Tuition reimbursement
• Personal and team professional development opportunities

Application Information

• To apply for this position, please submit a cover letter and resume (in Word or
• PDF format) to the posting listed on the Helmsley Career Page

[https://recruiting.ultipro.com/LEO1003HELMS/JobBoard/39fb08f3-6fad-3e37-14bc-6279be35c348/?q=&o=postedDateDesc].

• If a reasonable accommodation is needed to participate in the job application
• process, please contact HR@helmsleytrust.org [HR@helmsleytrust.org].

• The position is based at Helmsley’s main office in New York City. Only those
• selected for an interview will be contacted. In compliance with federal law, all
• persons hired will be required to verify identity and eligibility to work in the
• United States and to complete the required employment eligibility verification
• document form upon hire.

• All persons hired must be authorized to work in the U.S. without the need for
• employment-based visa sponsorship now or in the future. Helmsley will not
• sponsor applicants for U.S. work visa status for this opportunity (no
• sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT
• or any other employment-based visa).

• Helmsley currently permits a hybrid schedule requiring employees to work onsite
• in-office [at least] 3 days per week and 2 days remote with specific schedules
• determined by manager.  The ability to work onsite and collaborate in person
• with colleagues at Helmsley’s office is an essential function of this job.

• The above statements are intended to describe the general nature and level of
• work being performed by the incumbent(s) of this job.  They are not intended to
• be an exhaustive list of all responsibilities and activities required for the
• position. Nothing in this job description restricts management’s right to assign
• or reassign duties and responsibilities to this job at any time.

• Helmsley provides equal employment and promotional opportunities to all
• employees and applicants for employment based upon individual capabilities and
• qualifications without regard to race, color, religion, sex, gender identity,
• pregnancy, sexual orientation, age, national origin, marital status,
• citizenship, disability, veteran status, or any other protected characteristic
• as established under law.