Fund Reporting Specialist

Boston, MA /
Risk & Controls /
/ Hybrid
Company Profile

Founded in 1977, GMO is a private partnership committed to delivering superior investment performance and advice to our clients.  We offer strategies where we believe we are positioned to add the greatest value for our investors.  These include multi-asset class portfolios as well as dedicated equity, fixed income, and absolute return offerings, many of which employ the firm’s proprietary 7-year asset class forecasting framework.  Our client base is comprised primarily of institutions, including corporate and public defined benefit and defined contribution retirement plans, endowments, foundations, and financial intermediaries. 

GMO, whose sole business is investment management, employs approximately 470 people worldwide and is headquartered in Boston with offices in San Francisco, London, Amsterdam, Sydney, and Singapore. We manage roughly $60 billion in client assets using a combination of top-down and bottom-up approaches that blend traditional fundamental insights with innovative quantitative methods to identify undervalued asset classes and securities. Our valuation-based approach embeds several key factors, including: a long-term investment horizon, discipline, conviction, and a commitment to research. Our research emphasizes not only identifying and exploiting pricing dislocations but also understanding the long-term drivers of return in the markets in which we invest. We are known for our candor in sharing our views with clients and for our willingness to take bold, differentiated positions when opportunities warrant. 

Primary Responsibilities:

    • As applicable, review annual and semiannual financial statements, and monthly/quarterly schedule of portfolio holdings for SEC registered funds, hedge funds (onshore and offshore), Australian domiciled funds and Irish domiciled funds
    • Work closely with the lead public and private fund financial reporting managers to assist in carrying-out tasks
    • Work with internal groups (e.g., Operations, Legal, etc.) on financial statement disclosures
    • Interface with the funds’ auditors to resolve issues including accounting positions taken
    • Oversee auditor confirmation process for each funds’ annual audit cycles
    • Assist with research and documentation of accounting and/or disclosure matters
    • Assist with research and implement new accounting and reporting rules as applicable
    • Work with fund accountants and custodians to instruct accounting entries
    • Work with fund administrators to ensure funds’ accounting positions and policies are properly executed and presented in the accounting records and financial statements
    • Assist with the review of various disclosure documents including prospectuses, SAIs, PPMs, offering documents, etc.
      In addition to the above responsibilities, position may also:
    • Assist with regulatory reporting (specifically Form PF, CFTC, CPO-PQR, or AIFMD)

Required Skill Set:

    • College degree with at least 3+ years relevant experience
    • Strong knowledge of U.S. GAAP
    • Irish and/or Australian fund experience a plus
    • Team player
    • Ability to solve complex issues
    • Must be detail-oriented
    • Use of professional skepticism when appropriate
    • Experience with various fund structures such as: registered investment companies, multi-class, offshore funds, and master-feeder arrangements 
    • Very strong organizational skills
    • Proven ability to prioritize and manage multiple projects simultaneously while working under time constraints
    • Proactive and motivated, able to spot needs and willing to step in and help
    • Proficient in Excel and Word
    • Excellent communication skills