Investment Accountant I – Investment Accounting

Job Description

Investment Accountant I | STRS Ohio

The Tone:
This is a full-time role at STRS Ohio, located in Columbus, OH. STRS Ohio is one of the nation’s largest retirement systems, established in 1920 to serve Ohio’s educators, managing approximately $96.3 billion in assets as of June 30, 2025. This role is vital for ensuring the accurate processing and reconciliation of cash settlements related to investment activities, which directly supports the system’s ability to pay more than $7 billion in annual benefits to nearly 550,000 members. By meticulously managing financial records, this position upholds the operational integrity and financial health of the organization.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Columbus, OH
• Pay: $32–$39 hourly
• Team: Finance/Finance Investments team, reporting to the manager, Investment Accounting and Performance.
• Mission: Process and reconcile cash settlements for investment activities, identifying and resolving discrepancies to ensure accurate financial records.
• Tech Stack: Spreadsheet applications, Microsoft Office programs

What You’ll Actually Do
• Process Cash Settlements: Manage cash settlements for trading and other investment-related activities, reconciling them against custodian records and resolving any discrepancies within reasonable timeframes.
• Perform Reconciliations: Conduct daily domestic and global cash and bank reconciliations, diligently monitoring and resolving all non-matches and reconciling items.
• Track Transactions: Identify, track, and code investment-related transactions from bank activity and communications, ensuring alignment with expected and posted transactions.
• Maintain Reporting: Prepare and maintain reconciliation workbooks and supporting documentation, providing required filings for entities such as the Treasurer and Census Bureau.
• Support Month-End: Assist with month-end close activities, including reconciliations, reporting validation, and variance analysis to ensure accurate financial reporting.

The Must-Haves
• Background: Entry-Level. High school diploma or equivalent required, with an understanding of basic accounting principles for financial record management.
• Experience: One to three years’ related experience preferred, with a preference for investment-related accounting experience and knowledge of diverse investment types.
• Skills: Proficiency with spreadsheet applications, excellent oral and written communication skills, strong organizational skills with high accuracy and attention to detail, and the ability to work independently and in a team to meet deadlines.
• Bonus: Associates degree or two years’ of relevant college coursework preferred, ability to recognize, research and resolve discrepancies in accounting records preferred, and an excellent work record of attendance, punctuality, and the ability to maintain a flexible work schedule including occasional evening, weekend, and non-regular hours.