Investment Operations Accountant (Full-time, P3 Career Level)

Grinnell College
March 16, 2023
Offerd Salary:$2.5
Working address:N/A
Contract Type:Other
Working Time:Full time
Working type:N/A
Ref info:N/A
Posting Details

Position Information

Date New Hire Needed

Job Title Investment Operations Accountant (Full-time, P3 Career Level) Department Office of Investments

Position Summary Information

Job Summary


Grinnell College is a private liberal arts college located in Grinnell, Iowa and is ranked #15 on the U.S. News and World Report's list of Best National Liberal Arts Colleges. The Office of Investments manages the College's $2.5 billion endowment, which is known across the country as a top performer among peer institutions and beyond. The Investment Operations Accountant position provides the backbone of investment accounting data and analysis for the nine- member team of highly qualified professionals. This is an exciting opportunity for a detail-oriented, tenacious professional, with career advancement opportunities. The hybrid position may be performed with a combination of remote work and in-person work located in the Grinnell, Iowa office.

Grinnell College values diversity, equity, inclusion, social justice, intellectual freedom, and social responsibility. We seek candidates that align with these values and have the ability and desire to advance our values and belonging within our community and the communities we engage. Ideal candidates will be prepared to collaborate and contribute to the mission and values of the college across all constituencies.


The Investment Operations Accountant will report to the Director of Investment Operations and will work closely with other members of the investment team. They will monitor and record investment activity, including managing the relationship with the investment asset custodian. The Investment Operations Accountant will also perform reconciliations and analysis of internal financial records and third-party investment statements. Assisting with other internal reporting needs, such as income tax planning/compliance and calculating investment performance, will also be a part of their role. Finally, the Investment Operations Accountant will perform ad hoc projects as assigned.

Key Responsibilities:

  • Oversees the daily investment reporting and transaction processing/review.
  • Works with the Director of Investment Operations to help manage external service providers including custodial relationships, legal/tax counsel and external audit requirements.
  • Manages monthly investment accounting entries and summary reports.
  • Assists with Endowment performance measurement.
  • Assists with investment-related tax reporting, preparation of Trustee documents and other internal reporting.
  • Minimum Qualifications

  • Bachelor's degree from four-year college or university
  • Three years or more of work experience
  • Champions Diversity, Equity, and Inclusion
  • Analyze and interpret policies, terms and conditions, regulations; ability to think conceptually
  • Planning and organizing skills; strong attention to detail and accuracy are critical
  • Proficient with Microsoft Excel
  • Strong information management skills
  • Ability to communicate effectively with a variety of constituents
  • Independent self-starter with developed problem solving skills
  • Recognizes the value of teamwork
  • Preferred Qualifications

  • Degree in Accounting or similar field
  • Certified Public Accountant (CPA) or Certified Financial Analyst (CFA)
  • Experience in Higher Education
  • Experience with endowments
  • Experience with financial audits and/or income tax
  • Link to Job Description Investment Operations Accountant Link to Organizational Chart FLSA Category Exempt Staff/Faculty Staff Employment Status Full-Time Employment Category Regular Posting Date Closing Date Special Instructions to Applicants

    Selected candidate must successfully pass a background check prior to first day of employment.

    The College requires staff members to be vaccinated against COVID-19, with at least one CDC-approved vaccination dose by date of hire, or approved religious or medical exemption.

    Open Until Filled No Posting Number S00923 Diversity Statement

    Grinnell College is committed to establishing and maintaining a safe and nondiscriminatory educational and working environment for all College community members. It is committed to a policy of nondiscrimination in matters of admission, employment, and housing, and in access to and participation in its education programs, services, and activities. The College does not discriminate on the basis of race, color, ethnicity, national origin, age, sex, gender, sexual orientation, gender identity or expression, marital status, veteran status, pregnancy, childbirth, religion, disability, creed or any other protected class. Discrimination and harassment on any of the bases covered by state or federal antidiscrimination statutes is unlawful and a violation of Grinnell College policy.

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