Manager, Private Equity and Hedge Fund Accounting (REMOTE)

Overview

The organization is seeking a Fund Accounting Manager for its Private Equity & Hedge Fund Accounting Teams. This role is responsible for fund accounting operations and the resolution of accounting issues for alternative fund clients, with a primary focus on accurate accounting and high-quality customer service.

Responsibilities

• Serve as the main point of contact for clients, providing expertise in offshore and domestic fund accounting and administration for alternative funds.
• Manage delegation of work to your team.
• Coordinate and support onboarding of new fund set ups.
• Act as a liaison between clients and internal teams to deliver accurate and thorough accounting packages.
• Coordinate and support year-end audit engagements in accordance with GAAP accounting standards.
• Perform due diligence to help ensure client compliance with government laws and regulations.
• Adhere to Anti-Money Laundering policies and procedures when reviewing fund transactions.
• Ensure team compliance with department rules and regulations designed 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 fund transactions, administration servicing planning and reporting, and financial statements.
• Collaborate with investment managers, transfer agents, and sales and service teams to resolve open issues and questions.
• Coordinate with internal technology support and vendor support as needed to address production issues or system support queries.
• Conduct performance appraisals and facilitate monthly one-on-ones with supervisors and analysts.
• Provide career pathing and training.
• Meet staffing requirements by assessing resource needs, interviewing candidates, and hiring employees.
• Support and champion a team environment, including 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 team members.
• Participate in professional development sessions to identify and improve processes 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, 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 on time without sacrificing excellence or quality.
• Strong written and verbal communication skills.
• Strong customer service skills with daily interaction 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.
• Positivity and a collegial approach when assisting colleagues and clients; ability to work in a team environment.
• Curiosity and critical thinking, including the ability to identify solutions and help implement more efficient processes.

Compensation & Benefits

• Base salary: $105,000 - $130,000 per year.
• Discretionary bonus eligibility each year, subject to company approval.
• Benefits may 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
  • 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 and investment options
  • Access to employee networks

Location

• Remote

Equal Opportunity Employer

The employer is an Equal Opportunity Employer and provides consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

AI Acceptable Use

If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, review and follow the organization’s AI use guidelines.