Client Reporting & Accounting Associate
Focus Financial Partners
Posted about 5 hours ago
Position Summary
CornerStone, based in Charlottesville, Virginia, serves as the outsourced investment manager (OCIO) for nonprofit organizations. Our clients rely on the returns generated by their investment portfolios to support missions in areas such as health, education, conservation, and community development. CornerStone manages the full investment program for our clients, including portfolio oversight, investment reporting, and operational administration. CornerStone is a dynamic, growth-oriented firm committed to developing a diverse and equitable workforce.
We are seeking a Client Reporting & Accounting Associate to join CornerStone’s collaborative Client Operations & Accounting Team and play a key role in supporting nonprofit investment portfolios through performance reporting, financial analysis, and client service. The role provides exposure to a wide range of investment operations activities including portfolio performance analysis, private equity reporting, risk and liquidity monitoring, and investment-related audit and tax support.
The Associate will work closely with colleagues across client accounting and reporting, operations, and investment teams to deliver high-quality reporting and analytical support to nonprofit clients who rely on their investment portfolios to fund their missions.
This is a hybrid position: minimum 2 days in office.
Primary Responsibilities
Following training, the Associate will contribute across a range of reporting, analytical, and operational activities including:
Investment Reporting & Portfolio Analysis
- Preparation of monthly and quarterly client portfolio reports
- Calculation and review of investment performance returns and related metrics
- Performance attribution analysis and reporting
- Portfolio-level risk and exposure analysis
- Portfolio liquidity monitoring and cash flow analysis
Investment Accounting & Data Management
- Review of accounting and performance data provided by client custodians
- Private equity investment account reconciliations and performance tracking
- Maintenance of investment performance and analytical platforms
Client Service & Operational Support
- Investment-related client audit and tax support
- Investment transaction management and other portfolio administration functions
- Collaboration with client service teams and external service providers
- Special projects including analytical support for team members and ad hoc client analyses
Qualifications
- 2+ years of professional experience
- Bachelor’s degree required (BA or BS)
- CPA, CFA, or other technical certifications are helpful but not required
- Strong accounting and analytical skills with the ability to interpret and organize large volumes of financial information
- Exceptional attention to detail and ability to work with precision
- Excellent client service mindset with an aptitude for working directly with clients and their service providers
- Strong written and verbal communication skills
- Ability to manage multiple priorities and meet deadlines
- Advanced skills in Excel, PowerPoint, and Word
- Ability to work both independently and collaboratively in a team environment
- Experience or interest in the investment industry, portfolio reporting, or financial analysis
- Experience with data analytics, data manipulation, or APIs
The annualized base pay range for this role is expected to be between $90,000-$105,000 base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.
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CornerStone Partners is part of the Focus Financial Partners’ network firm community. As part of the partnership, CornerStone Partners remains independently operated but gains the support of a broader organization. Whether focused on growth, enhancing capabilities, or planning for the future, being part of Focus means you are part of something larger while still working in an entrepreneurial, firm-led environment.
About Focus Financial Partners
Focus is a leading financial services firm comprised of integrated wealth management, family office, and business management services. Blending deep expertise and expansive resources with a boutique, client-first fiduciary philosophy, Focus helps individuals, families, and institutions navigate complex financial situations with highly personalized solutions tailored to their unique needs. To learn more about Focus, visit www.focusfinancialpartners.com or follow the company on LinkedIn.
Focus is an equal opportunity employer and bases its employment decisions on the employee or candidate’s skillset, and without regard to an employee or candidate’s race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by local, state and/or federal law.
Focus complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].
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For Montana Applicants: If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.
For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.
