Investments Operations & Accounting Analyst

UJA-Federation of New York is the largest local philanthropy in the world. For more than 100 years, we’ve brought New Yorkers together to solve some of the most pressing problems facing our community. Thanks to our network of hundreds of non-profits, we can leverage our expertise across any number of areas — including health and human services, arts and culture, and education — to care for Jews everywhere and New Yorkers of all backgrounds, respond to crises close to home and far away, and shape our Jewish future. Our reach extends from New York to Israel to nearly 70 other countries around the world, touching 4.5 million people each year.

The Investment Office manages the endowment and pension plan assets of the UJA-Federation of New York. The assets are invested with external managers globally across a broad range of asset classes and strategies including public equity and credit, hedge funds, private equity and credit, and real assets.

POSITION SUMMARY

The Investment Operations and Accounting Analyst will be an integral member of the Investment Office, supporting the effective management and administration of the organization’s investment portfolios. The position is responsible for investment accounting, performance reporting, and operational processes that ensure the integrity of financial data and the accuracy of reporting. The Analyst collaborates with custodians, investment managers, investors, and internal stakeholders to maintain sound operational practices and enhance efficiency across systems and workflows. This role is well suited for an individual seeking to build a career in the operational, accounting, and analytical aspects of institutional investment management.

MAJOR RESPONSIBILITIES

Accounting-Related

• Assist in the preparation of monthly performance reports and quarterly investor accounting statements. Reconcile the custodians accounting records to the performance book of record, serve as the liaison with the custodian to maintain and enhance accounting processes, review valuations and transactions, and facilitate distribution of reports.
• Coordinate annual audits by preparing documentation, organizing schedules, and responding promptly to auditor inquiries. Work with the Director to ensure all audit requirements are completed within established timelines.
• Support the preparation of annual financial statements by providing reconciliations, verifying account balances, and resolving discrepancies.

Operations-Related

• Coordinate portfolio rebalancing and cash management, ensuring accurate transaction execution and settlement across brokers, managers, and custodians. Prepare weekly cash position reports for review by the Director.
• Support investor relations activities for the endowment portfolio, including performance reporting, investor communications, and coordination of meetings and events.
• Facilitate the onboarding and offboarding of investment managers, ensuring accounts are properly set up, documentation is complete, data is accurate, and any system or process issues are promptly addressed.

QUALIFICATIONS:

The successful candidate will have an understanding of the workings of an endowment investment office as well as an understanding of accounting and performance reporting principles. They should be a detail-oriented problem solver who is highly organized, manages time effectively, and approaches challenges with curiosity and initiative, and who thrives in a structured yet dynamic environment. The candidate should be comfortable using and learning technology to streamline workflows, improve data accuracy, and enhance reporting processes. Strong communication skills and the ability to work well with colleagues, managers, and service providers are critical to success in this role.

COMPETENCIES AND EDUCATION:

• Bachelor’s degree in business accounting and/or finance; CPA license, a plus.
• Over three years of accounting experience including cash management and/or performance reporting.
• Heavy attention to detail with strong problem-solving skills.
• Advanced excel skills with experience building models. Programming skills a plus.
• Strong interpersonal skills and communication skills, both written and oral.
• Self-motivated and highly organized, with the ability to independently manage multiple projects and priorities across multiple stakeholders.

SALARY RANGE:

$90,000 to $110,000, commensurate with experience and qualifications listed above.

REPORTS TO:

Director of Investment Operations and Accounting

Great Perks. Because We Appreciate Great Employees.

TIME OFF

We offer a generous number of vacation days and have the Jewish holidays off as well. Fridays our offices close early (October to March at 3:00 pm and April to September at 4:00 pm). All so you can relax and recharge.

HYBRID MODEL

We’re operating on a hybrid work model: three set days in the office and two days remote. So enjoy the best of both worlds — the comforts of home and the energy of the office.

HEALTH CARE

UJA provides a top-tier medical and dental plan, along with a flexible spending account. We also offer life insurance. And for a small cost you can take part in on-site yoga and exercise classes at our Manhattan office. Wellness matters to us.

PLANNING FOR RETIREMENT

UJA employees can enroll in a pension plan and tax deferred annuity.

CAREER DEVELOPMENT

Classes, workshops, and compelling speakers will keep you at the top of your game.

COMMUNITY

We come together as a staff to commemorate holidays (from Rosh Hashanah to MLK Day), volunteer at nonprofits, and celebrate our accomplishments together. (Our chocolate chip cookies are legendary!)

SOME MORE (YES, MORE!)

We also offer a commuter benefit plan, so you can get to work and feel good about it.