Job Description

Job Description

Job Description

Investment Analyst

Museum of Science, Boston

SUMMARY STATEMENT

The Investment Coordinator primarily provides mission-critical administrative support to the Investment Committee's oversight of the Museum's Endowment; and will provide important support to the Finance Committee's monthly reporting and the annual audit process. The Investment Coordinator will own the process of coordinating the investment activities of the Investment Committee, outside consultants, custodians, and external investment managers. They will also provide operational support in managing the cash flows in and out of the Endowment and Museum's accounts and be responsible for the accurate and timely book accounting of the Museum's investments.

Responsibilities:

1. Provides key investment administration reporting support to the Investment Committee (IC) of the Board of Trustees, including cash flows and balances, private investment capital calls and distributions, and manager redemptions.

2. Monitors and books journal entries for investment income, gains, and losses for approximately 50 investment accounts to ensure accurate Endowment and endowment fund accounting

3. Supports the IC through proactive monitoring and distribution of notifications and communications received from investment managers, including capital calls, distributions (usually in cash but occasionally in shares), notices re: upcoming investment manager/LP annual meetings, periodic webcasts, etc.; and investment updates and outlook communications received from portfolio managers. Notices of meetings and webcasts should be posted immediately, and a roster of upcoming manager events should be updated and distributed monthly to the IC Chair to facilitate coordination of which IC members plan to attend these meetings. Manager investment updates and outlook letters should be posted to Dropbox folders with periodic updates notifying IC members of materials recently posted.

4. Responsible with the IC Chair, Chief Financial Officer, and Cambridge Associates team for scheduling quarterly IC meetings, each scheduled one full year in advance, through polling several alternative dates to ensure total IC attendance. Issue calendar invitations and reminders and, when meetings are

virtual, host these via Zoom. When ad hoc Subcommittees are appointed to follow up on special topics to return to the IC with action recommendations, assist the IC in scheduling interim meetings, distributing any materials needed, and any follow-up required.

5. Responsible for the timely completion of subscription/redemption documents based on decisions made by the IC.

6. Review with Advancement staff new donor gifts to the Endowment and quarterly reports to the IC Chair regarding these cash inflows. Evaluate with the IC Chair whether these cash flows are substantial enough to be noted on the Cash Balances and Cash Flows spreadsheet shared with the entire IC at quarterly meetings.

7. Collaborates with the Finance team on month-end close activities, financial reporting, and the annual audit.

8. Researches cash investment strategies as directed. Also, it may provide IC support with a summary of essential information in the quarterly update letters from most of the investment managers (see 6 above).

9. Perform other work-related duties as required by the Manager.

Work Schedule:

This is a full-time Hybrid role, 40/hrs a week M-F

$76,714 - $95,893

MINIMUM QUALIFICATION REQUIREMENTS

Education: Bachelor of Science or Arts degree.

Experience: 2 or more years of Accounting, Finance, or Business.

BASIC QUALIFICATIONS

· Working knowledge of capital markets and market terminology

· Demonstrated experience working with trustees, organizational leadership, and staff. Ability to maintain a high level of confidentiality and working relationships with others.

· Demonstrated experience working in Excel and Microsoft Office applications.

· Proven ability to work independently and to take initiative on projects.

· Demonstrated ability to set priorities and to perform under pressure in a fast-paced office environment.

· Demonstrated written communication skills to prepare and edit effective correspondence and reports.

· Demonstrated willingness to be a team player and step up to challenges that may arise

Job Tags

Similar Jobs