Job Title: Investment Accountant
Type of Company: I work for an investment firm. We specialize in managing assets for insurance companies.
Education: BS, Accounting, University of Connecticut MBA, Finance, University of Connecticut
Previous Experience: I've been in this job since graduating from college.
Job Tasks: Our company makes the investment decisions on the assets of insurance companies. I work in the investment accounting and reporting department which is responsible for reporting on the assets following very specific rules created by federal and state government agencies. We think of ourselves as an extension of our client's accounting team. We are in daily contact with the custodians (banks holdings the assets), other outside asset managers and clients. When dealing with clients, our contacts range from the investment accountant of the insurance company to the Controller, Treasurer or even CFO. Our job gets very busy in cycles. We report month-end numbers the first five business days of each month. Quarter-end (March/June/Sept) and year-end (Dec) times are even busier than normal due to extra reporting due at these periods. "Timely" and "accurate" are the two words most important to us.
Best and Worst Parts of the Job: The best part of the job is being able to solve our clients' problems and deliver a product they appreciate. The worst part of the job is the long hours it requires at certain times of year. Six-day work weeks are the norm during the month of January due to year-end reporting.
Job Tips: My brother who is a CPA gave me advice when I first started working: tell your manager to "bring the dump truck." When first starting out, take on the tasks that not everyone will be willing to do. Show initiative. Taking the required courses is important, but what separates us from our competitors is our customer service. Having a background in dealing with customers would help you in understanding how to excel with your dealings with customers.
Additional Thoughts: When I mention to people that I'm an investment accountant the reaction usually is, "How do you do that job?" People are surprised to find out that I actually enjoy it. The important thing in finding any career is finding a job at a good company with good people. I was lucky enough to do this. You spend a lot of waking time with your co-workers, so they better be quality people or you will not be happy.
Click the Visit School Site buttons to go directly to a school's website and learn more about the school and programs it has to offer. School website will open in a new tab. .
Click the Request Info buttons to request more information from a representative at the school
You can get started on a new career with Institute of Technology.
The Secret to Getting Ahead is Getting Started
A Rutgers business education prepares students for success – not just in their chosen fields but also in their lives.
Since 1888, The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs.
For over 35 years, Keiser University has maintained a practical, hands-on approach to career education to help our students achieve their personal and professional goals.
Baker College is proud to be the largest independent college in Michigan with the most focused approach to education and training available. With one of the highest graduate employment rates in the country, our mission is to help our students find meaningful employment.
Choosing a school and a new career path can be a very overwhelming process.
Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.
San Joaquin Valley College - A Private Junior College.
The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.
Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.
Most stories include:
Please also see our detailed information about Accountants And Auditors, including: