Job #1532: Manager, Investment Accounting - NY (1-21-21)

Job Title

Manager, Investment Accounting




Commensurate with experience

The Leona M. and Harry B. Helmsley Charitable Trust (“Helmsley”) aspires to improve lives by supporting exceptional efforts in the U.S. and around the world in health and select place-based initiatives. Since beginning its active grantmaking in 2008, Helmsley has committed more than $2 billion for a wide range of charitable purposes. Helmsley has a $6 billion endowment which consists of diversified investments, including alternatives. For more information on Helmsley, visit


Position Summary

The Manager, Investment Accounting serves as a strategic advisor to the CFO. The manager will be responsible for the accuracy and completeness of internal controls, US GAAP accounting, and reporting related to Helmsley’s investment activities. The Manager will work closely with the Investment Office (IO), the Master Custodial Bank (MCB), and investment managers and other advisors to ensure the timely and accurate execution of investment transactions. This role requires a partnership philosophy with internal and external Helmsley parties.


Essential Duties and Responsibilities

Investment Accounting Activities

  • Collaborate extensively internally (with Investment Office, Controller Function, General Counsel’s office, et al.) and externally (with MCB), investment managers and other service providers) to ensure internal control and compliance processes and the accurate and timely processing and accounting of investment transactions
  • With CFO, be primary liaison with Investment Office on accounting and operational matters to ensure effective and efficient issue resolution
  • Provide accurate and timely input to the annual financial statement and performance reporting
  • Review investment valuation and reporting of portfolio results
  • Manage the Investment Department Bonus Plan, including reviewing investment returns
  • Provide subject matter expertise and stay abreast of changes in investment-related accounting standards
  • Stay current with evolving accounting, technology, and reporting considerations of investment products
  • Manage the Finance Department’s accounting and finance responsibilities for Program Related Investments (PRIs)
  • Manage the Investment section of the Employee Benefit Plan audit
  • Provide research and analytical support to senior management and/or outside consultants, as necessary
  • Prepare reports and surveys requested by membership organizations, regulatory agencies, and others

Investment Operations and Treasury

  • Review the accurate and timely controls, processing, and accounting of investment transactions, including:
    • Settlement of trades
    • Monitoring the movement of securities
    • Cash and position reconciliations, accruals, etc.
    • Execution of capital calls, receipt of distributions and other capital activities
    • Other shadow accounting activities as appropriate
    • Review/reconcile monthly and quarterly management fees
  • Provide appropriate schedules to the Tax Department for Helmsley tax filings
  • Work with CFO and Controller in managing Helmsley’s banking relationship
  • Prepare monthly line of credit borrowing base calculation and manage the related banking relationship


  • Manage direct staff and non-direct staff for the execution of various initiatives resulting in high-performance teams
  • Oversee MCB staff in a manner to successfully execute on Investment Accounting responsibilities


Desired Qualifications

  • At least 10 years of relevant professional experience in transaction-heavy investment accounting/operations environments, e.g., hedge fund, alternative investment organization, pension fund, endowment
  • CPA required
  • Ability to “helicopter” from big picture, strategic issues to more granular levels of detail as needed
  • Experience with Microsoft Office Suite, corporate enterprise-wide general ledger systems, and MCB systems
  • Strong verbal and written communication skills
  • Exceptional analytic skills
  • Strong attention to detail and a firm commitment to meeting deadlines
  • Ability to work independently, handle and prioritize multiple time-sensitive activities; excellent judgment and problem solving
  • Proven ability to manage multiple stakeholders to surface and resolve issues
  • Achieve trusted-advisor status by displaying investment accounting expertise
  • Comfort presenting internally and at external conferences to highlight Helmsley’s brand as a thought leader


Interested Friends of the Firm members should e-mail resume to Rachel Mancini at Please mention that you are a member of EisnerAmper's Friends of the Firm program. Make sure to include Job #1532 in the subject line and to copy on your email.