Accountant II

1 Month ago • 1-3 Years • Account Management

Job Summary

Job Description

Russell Investments is seeking an Accountant II for its Mumbai office. This role involves providing support and analysis for transactions impacting the business, ensuring compliance with US GAAP. Responsibilities include preparing journal entries and reconciliations, supporting the month-end close process, processing client and vendor invoices, and assisting with audits. The ideal candidate will have 1-3 years of professional experience, strong communication skills, proficiency in MS Excel, and familiarity with month-end close processes and multi-currency transactions. This position offers an opportunity to work closely with global stakeholders in a growing asset management firm.
Must have:
  • 1-3 years professional experience
  • Strong verbal and written communication skills
  • Intermediate proficiency in Microsoft Excel
  • Familiarity with month-end close processes
  • Familiarity with multi-currency transactions
  • Strong attention to detail
  • Ability to work independently
  • Ability to work under pressure
  • Proficient understanding of US GAAP
Good to have:
  • Bachelor's degree or college courses
  • Investment industry experience
  • IFRS knowledge
  • Basic knowledge of Asset Management industry

Job Details

Business Unit:

Office of the CFO

Reporting To:

Accounting Manager

Shift:

EMEA (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai: 

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.


Job Description:

The responsibilities of the individual in this position include: 

  • Provide support and analysis of transactions impacting the business by gaining an understanding of transaction flow and dependencies; ensuring recordings are consistent with US GAAP. 

  • Prepare journal entries and reconciliations across various accounting functions.  This includes effective self-review of work performed, researching discrepancies, and ensuring deadlines are met. 

  • Support the month-end close process by ensuring journal entries are recorded timely and accurately, analyzing account fluctuations, and performing key accounting task as required. 

  • Prepare and/or process client and vendor invoices (payables and/or receivables) to ensure timely and accurate payment or cash receipt and recording in the general ledger.  Identify outliers and proactively seek resolution.   

  • Participate in accounting projects as needed. 

  • Assist in organizing and providing key documents to internal and external auditors. 

The successful candidate will have extensive demonstrable skills and experiences including the following: 

  • 1-3 years professional experience 

  • Bachelor’s degree/or college courses and investment industry experience preferred 

  • Strong verbal and written communication skills 

  • MS Office Suite skill set, with Intermediate proficiency in Microsoft Excel 

  • Experience or familiarity with month-end close processes in order to understand key transactions and interactions 

  • Familiarity with multi-currency transactions 

  • Strong team player with willingness to assist others in the department as needed, including performing simple or manual, repetitive tasks.

  • Excellent time management, prioritization, and organizational skills 

  • Strong attention to detail; meticulous attention to quality of work product 

  • Ability to work independently with little supervision on projects 

  • Ability to work under pressure and to manage deadlines, without sacrificing quality 

  • Proficient understanding of US GAAP, IFRS a plus 

  • Basic knowledge of the Asset Management industry 

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About The Company

Russell Investments is aleading outsourcedCIO(OCIO) partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 88-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has over $1 trillion in assets under advisement (as of December 31, 2023) and $302.7billion in assets under management (as of March 31, 2024). Headquartered in Seattle, Washington, Russell Investments has offices in 16 cities around the world, including London, New York, Toronto, Sydney, Tokyo, Mumbai, and Shanghai.

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