Fund Accountant

Position Overview This role supports the Alternative Investment Services (AIS) Team , which partners closely with Investment Teams within Brokerage Investment Management (MSIM). The AIS Team currently supports 300+ alternative investment vehicles across multiple strategies and structures, representing approximately $46 billion in assets under management . Key Responsibilities Monitor investment and investor activity across multiple portfolios and custodian banks, ensuring accurate and timely settlement of trades, cash receipts, and distributions. Develop a deep understanding of portfolio holdings, investment terms, and transaction activity to provide proactive oversight and support. Review daily cash reconciliations and resolve outstanding items with custodians in a timely manner. Oversee third-party service providers responsible for maintaining portfolio accounting records and general ledger activity. Reconcile transactions, valuations, fees, performance calculations, and P&L components between Investran and third-party administrator records on a monthly and quarterly basis. Verify investor capital account balances, NAV allocations, and capital activity for accuracy. Prepare or review monthly and quarterly performance and reporting packages for investment management and clients. Stakeholder & Operational Support Serve as a key point of contact for internal investment teams, investors, custodians, and third-party service providers. Monitor and manage time-sensitive inquiries through the AIS team mailbox, escalating issues as needed. Respond to ad hoc requests and provide daily operational support. Reporting, Audits & Process Improvement Support internal and external audits, regulatory reviews, and board reporting requirements. Assist with product development initiatives, including review of offering documents for new investment vehicles. Identify opportunities to improve operational processes and efficiency; follow up on service issues through resolution. Qualifications Bachelor’s degree in Accounting, Finance, or a related field preferred 3–5 years of experience in investment accounting or investment operations Exposure to alternative investments (hedge funds, private equity) preferred Experience with Investran or similar portfolio accounting systems is a plus Strong analytical, organizational, and communication skills Detail-oriented, proactive, and able to work independently with minimal supervision *** Pay Rate- $50-$51.00/hour Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors. #J-18808-Ljbffr