Manager, Private Equity and Hedge Fund Accounting (REMOTE)

Overview

The organization is growing and is seeking members for Private Equity & Hedge Fund Accounting teams. This role provides customer service, accounting, and administration services for hedge and private equity fund clients. As a Fund Accounting Manager, you will be responsible for accounting operations and the resolution of accounting issues for clients.

Responsibilities

• Serve as the main point of contact for clients, demonstrating expertise in offshore and domestic fund accounting and administration for alternative funds.
• Manage delegation of work to your team; coordinate and onboard new fund set ups.
• Act as a liaison between clients and internal teams to ensure accurate, thorough accounting packages.
• Coordinate and support year-end audit engagements in accordance with GAAP accounting standards.
• Perform due diligence to ensure client compliance with government laws and regulations.
• Adhere to Anti-Money Laundering policies and procedures when reviewing all fund transactions.
• Ensure your team complies with departmental rules and regulations intended to prevent generating income through illegal actions.
• Generate and reconcile accounting reporting, including month-end valuation reports.
• Review and approve month-end valuations prior to distribution to clients with a goal of 100% accuracy.
• Authorize wire payments from fund escrow accounts.
• Respond to day-to-day inquiries from investment managers, including questions related to transactions, administration servicing planning and reporting, and financial statements.
• Coordinate with investment managers, transfer agents, and sales and service teams to resolve open issues; engage internal technology support and vendor support when necessary to resolve production or system support queries.
• Conduct performance appraisals, hold monthly one-on-ones with supervisors and analysts, and support career pathing and training.
• Ensure staffing requirements are met by assessing resource requirements, interviewing candidates, and hiring.
• Provide and champion a team environment, including support for individual development, promotions, and disciplinary action.
• Support new business development and relationship teams for prospect calls, client visits, and presentations.
• Facilitate onboarding of new and converted clients by gathering client requirements, submitting custom requests, and communicating key deliverables to your team.
• Participate in professional development sessions to identify process improvements across the division and organization.

Requirements

• BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
• Minimum of 5 years’ experience in the fund services industry, with alternatives experience required.
• Minimum of 2 years’ supervisory or management experience.
• Intermediate skills in Microsoft Excel.

Preferred Qualifications

• Self-motivated, organized, and able to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills.
• Strong customer service skills and ability to communicate daily with clients and other service providers.
• Drive to broaden knowledge of the financial services industry by learning new concepts and systems and applying them to daily work.
• Strong attention to detail to ensure deliverables meet high standards of quality and accuracy.
• Ability to collaborate with internal and external stakeholders.
• Flexibility to adapt as client needs change.
• Positive, collegial approach, including the ability to work effectively in a team environment.
• Curiosity and critical thinking, with the ability to identify solutions and help implement more efficient processes or procedures.

Compensation & Benefits

• Base salary: $105,000 - $130,000 per year.
• Discretionary bonus: eligible to earn a discretionary bonus each year, subject to company approval.

Benefits include:

• Healthcare (medical, dental, vision, prescription, wellness, EAP, FSA)
• Life and disability insurance (premiums paid for base coverage)
• 401(k) match
• Education assistance
• Commuter benefits
• Up to 11 paid holidays/year
• Paid Time Off (PTO): 21 days PTO/year pro-rated for new hires, increasing over time
• Paid parental leave
• Back-up childcare arrangements
• Paid volunteer days
• Discounted stock purchase plan
• Investment options
• Access to employee networks

Location

Remote