Career Opportunites

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Do you prefer big mountains to big buildings?  Long summer evenings to long commutes?  Do you crave a healthy work/life balance?  Are you pursuing a rewarding career in the finance industry?  You will find all of these things and more at the Alaska Permanent Fund Corporation.

 

The APFC’s mission is the prudent and successful management of the Alaska Permanent Fund.  Our staff includes professionals in the fields of investment management, accounting, IT and administration.  APFC offers a challenging environment that encourages professional growth and recognizes individual accomplishments.

 

Juneau’s location between the Gastineau Channel and the Tongass National Forest allows us immediate access to world class marine and mountain wilderness.  Alaska’s capital city also has a vibrant arts and culture scene.

 

Our unique community allows our employees to pursue challenging and fulfilling activities in their professional and personal lives.

 

Thinking of moving to Juneau?   Learn about this amazing city.

 

 

SENIOR INVESTMENT ACCOUNTANT

This position directs accounting functions for Absolute Return, Distressed, Mezzanine Debt, Credit Opportunities, Infrastructure, Private Equity, Private Credit, and Direct Real Estate Investments.

 

Key Attributes

The Alaska Permanent Fund Corporation is continuing to add talent to the exceptional accounting team. 

 

Ideal candidates will have several years in a Senior Accounting role and prior experience with alternative investments as well as the ability to bring the best out of their team.  CPA, prior supervisory and SQL database experience is a plus.  Candidates with a proven track record of improving accounting systems, procedures as well as demonstrated strong technical capability will be considered regardless of Investment Accounting experience.  Compensation is very competitive and commensurate on experience.

 

Primary responsibilities include:

  • Lead, support and mentor the private assets group

  • Oversight of absolute return and Credit Opportunities investment accounting

  • Provide back-up for real estate investment accounting

     

Qualifications

(Both required minimum qualifications and preferred qualifications)

  • Bachelor degree in Accounting or Finance

  • Four (4) years related professional experience

                                                                                                                 

Essential duties and responsibilities

Oversee – Private Assets Accounting Team (2 Portfolio Accountants)

  • Reviews employee performance and partners with Human Resources regarding related documentation

  • Creates staff work plans; clarifies expectations and standards; sets goals and objectives for continual professional development, including internal and external training.

Reviews proposed changes to Investment Policy and contracts, with particular emphasis on fee calculations and measurability of compliance issues for new or changing Private Assets

 

Accounts for Absolute Return and Credit Opportunities

 

  • Builds new accounting, reporting, performance and reconciliation processes primarily for hedge funds

  • Load data from managers and 3rd party administrator; review and run data integrity checks

  • Reconciles monthly bank statements and verifies administration and custody fees

  • Processes and verifies quarterly manage fee invoices

  • Authorizes capital calls and maintains documentation supporting capital commitments and paid-in capital

  • Examines data received, researches problems and resolves differences between information sources

  • Generates monthly general ledger journal entries and processes G/L data to report values to custodian

  • Monitors and reports on compliance with contract requirements and investment policy

  • Independently calculates manager account performance and reconciles to the manager and advisor

  • Prepares reports for APFC Investments staff containing data necessary for quarterly Board presentations

 

Subject Matter Expert – Private Equity Databases

 

  • Acts as lead accountant on the functioning and use of database programming / functionality

  • Assists with testing and implementation of new versions or upgrades to applicable software

  • Recommends ideas and implements requests for enhancements or efficiencies

Works with programmers and systems support personnel to get additional help as needed to create and maintain reports that provide accurate output

 

Provide Support and Backup – Real Estate Investment Accounting Team

 

  • Become fully versed in real estate accounting at APFC

  • Be able to perform all functions of real estate accounting in the absence of the real estate accountant