We are seeking a Staff Accountant to join our Corporate Accounting team based at our Evanston, IL office. This candidate will be joining a tight?knit team that encourages a highly collaborative and high?performing work environment and, in turn, a successful Staff Accountant will be provided opportunities for growth, increased responsibility and professional development.
Compile, reconcile and book monthly and quarterly management fees, incentive fees and billback fees
Compile, reconcile and book monthly GP investment NAVs
Book monthly general expense accruals
Manage monthly compensation accruals including retention bonus, formulaic bonus and back-end bonuses
Lead multiple audits throughout the year including Foundation, Mgmt Company, 40-Act Manager and multiple UK entities, including financial statement preparation
Manage lease accounting across domestic and international entities, including assisting in preparing firm for new lease accounting standard effective in 2019
Help manage rollout of new revenue accounting standard effective as of Jan 1, 2019
Prepare and analyze monthly trial balances and report on any variances from month to month
Perform general maintenance on general ledger, including setup of new accounts and building reports
Aid in cash monitoring and banking relationships
Step into first-level review function of junior accountant and intern(s) as needed
Bachelor’s degree required
Degree in Accounting preferred but not required. Should have knowledge of general accounting principles. Candidates pursuing CPA certification and licensure preferred
Minimum 3.0 cumulative GPA
Relevant internship experience and/or up to two years of direct work experience
Ability to understand and interpret vendor invoices, statements, and other requests for payment
Strong communication and interpersonal skills
Knowledge of Excel, Great Plains & NetSuite general ledger systems, Concur a plus, but not required
About Magnetar Capital
Magnetar Capital is a leading alternative asset manager with over $13 billion under management as of June 2019. We are conveniently headquartered in downtown Evanston, steps from public transportation and the lakefront. We operate substantial satellite offices in New York, London and Houston.
When you join Magnetar, you will work alongside individuals who are among the best in the business at what they do. We attract highly skilled, dedicated professionals who enjoy working across practices and executing innovative ideas.
Our culture is based on the core values of insight, integrity and passion. We have an intense level of intellectual curiosity, a profound passion for our work and care deeply about delivering results for the Firm and for each other. These qualities drive everything we do.
We seek to generate consistent performance across a variety of market conditions by identifying differentiated investment ideas that we believe can be developed into scalable businesses. We invest across three core pillars: Alternative Credit & Fixed Income, Energy & Infrastructure and Systematic Investing.
We know how important healthy choices are to our employees. We offer an on...site gym in our Evanston office (and subsidized memberships for other office locations), kitchens with healthy snacks, and health-conscious, catered lunches daily at no cost to our employees.
Magnetar employees are passionate about philanthropy and there are plenty of ways for employees to give back through the Magnetar Capital Foundation (a nonprofit focusing on increasing access to financial education programs in high-schools), organized volunteer efforts, and our company matching contributions program. Employees also receive one Community Day per year to volunteer at a cause of their choosing. To further enrich our work environment, we also organize extracurricular activities such as our running club and bowling teams as well as company-sponsored social events for employees and families.