Investment Operations Co-op presso Virtus

Our employees are our most valuable asset.

Job Description

About AlphaSimplex
AlphaSimplex Group, LLC is a Boston, Massachusetts-based investment management firm that specializes in researching and analyzing market behaviors and risk. Using these insights, AlphaSimplex manages liquid alternative and portfolio solutions with an emphasis on managing risk and helping investors focus on their long-term goals. 

AlphaSimplex is registered as an investment adviser with the U.S. Securities and Exchange Commission.  AlphaSimplex is also registered as a Commodity Pool Operator and Commodity Trading Advisor with the U.S. Commodity Futures Trading Commission and is a member of the National Futures Association. 

AlphaSimplex manages over $7 billion in institutional and mutual fund assets.

The AlphaSimplex Need
AlphaSimplex has a strong team of approximately 45 professionals, this is an excellent opportunity for the right individual to experience working within an accounting department.  Our small accounting team touches on many different accounting functionalities, is core to our mission, and interacts with excellent people across the firm.

General Characteristics/Position Objective
This position offers an opportunity to gain experience working directly with the Accounting and Finance Team as well as cross functionally with other departments in a fast paced environment.  The position would be for 30 to 40 hours per week with the expectation that 2 to 3 days are spent in the office with the option to work remotely for the remainder.

Primary responsibilities

• Support the Operations Manager with tasks related to Fund reconciliation:

• Daily trade settlement, corporate actions, and trade break resolution

• Broker and Fund Admin reconciliations (Cash, Positions, Transactions)

• Archiving of paper and electronic records

• Assist in Monthly and Quarterly reporting cycles

• Assist in review of treasury functions

Assist the Controller with tasks related to the accounting for the Management Company including but not limited to:

• Help enrich vendor data within the accounting software Quickbooks

• Assist with a project to export and archive credit card purchase transaction details and reconcile charges by person back to the monthly invoices

• Rework and improve excel schedules used to support the monthly close process

Assist with the implementation of a new Trade OMS system
Ad-hoc assignments and special projects

Required Knowledge/Skills/Abilities

• Basic understanding of financial and accounting principles as well as investment industry

• Proficient in Excel, knowledge of pivot tables

• Strong proficiency in Microsoft Word and Outlook

• Strong written and verbal communication skills, excellent interpersonal skills and an ability to work with diverse groups of people, ability to multi-task and prioritize

• Preference to related college course experience and / or prior relevant work experience

Educational/Experience Requirements

• Accounting, Business, Finance or similar major

• Has completed introductory level Accounting courses and in process with intermediate level Accounting courses

• GPA of 3.0 or higher