Sr. Analyst, Alternative Investment Operations

Overview

This role is for a Senior Analyst in Alternative Investments Operations, responsible for day-to-day and period-end operational oversight of alternative investment asset classes such as limited partnerships (LPs), hedge funds, and private equity. The position serves as the subject matter expert for alternative investments, leading manager fee review, invoice validation, and payment execution. It involves partnering with internal stakeholders and a third-party back-office provider to ensure accurate and timely accounting operations, reconciliations, reporting, and control execution.

This is an individual contributor role with leadership responsibilities, including serving as lead for one indirect report. The role includes managing the relationship with the third-party back-office partner for alternative investments.

Work Arrangement: Remote (work from home for employees residing outside commutable distance to an office)

Locations: Remote or Radnor, PA

Relocation assistance: Not available

Responsibilities

• Lead operational oversight and manage the relationship with the third-party back-office partner for alternative investments across the product life cycle, including establishing new positions, capital calls, distributions, and period-end close support.
• Apply knowledge of accounting and reporting for alternative investments and manager fee terms (management and performance fees) on STAT/GAAP basis.
• Execute and review reconciliations across general ledger, subledger/data sources including capital statements, financial statements, and third-party vendor outputs.
• Research, document, and resolve breaks and exceptions.
• Lead the manager fee lifecycle: invoice validation, accrual support (monthly/quarterly), payment coordination, and variance explanations.
• Manage tracking of alternative investment financial statements and audited statements, including follow-up on missing or late deliverables and coordination with stakeholders.
• Drive suspense and exception resolution, improving timeliness and aging through root-cause analysis, documentation, and follow-through.
• Collaborate with Investment Reporting, Treasury, Portfolio Management, Reinsurance, and Tax teams to ensure proper transaction booking and communication.
• Oversee and own design and execution of SOX controls, including those performed by the third-party back-office provider.
• Identify and implement process improvements such as data/reporting enhancements, SOP updates, and control strengthening to improve accuracy and efficiency.

Requirements

• 5 to 7+ years of experience in public accounting, internal audit, control, risk, or related activities with responsibilities relevant to this position.
• Bachelor's degree or equivalent work experience.
• Demonstrated experience with capital calls/distributions, capital statements, fund-related workflows, and fee calculations/accruals.
• Strong analytical and reconciliation skills with attention to detail and ability to manage competing deadlines.
• Strong written and verbal communication skills with a proven track record of driving issues to resolution.
• Ability to be innovative and an aptitude to drive and accept change.

Preferred Qualifications

• CPA or other relevant certification.
• Exposure to multi-basis reporting environments (Statutory, GAAP, Management, Tax) and control-oriented processes.
• Experience leading work through influence, such as reviewing others’ work and providing day-to-day guidance.
• Familiarity with PAM for Investments, PeopleSoft, Business Objects; advanced Excel skills and comfort reconciling across multiple data sources.

Compensation & Benefits

• Salary range: $96,900 - $176,200, with anticipated pay for new hires between the minimum and midpoint of the range. Actual pay may vary based on experience, education, location, licensure, proficiency, and qualifications.
• Eligibility for an Annual Incentive Program based on company, business unit, and individual performance.
• Potential additional rewards including long-term incentives, sales incentives, and standard benefits package.
• Benefits include PTO/parental leave, competitive 401(k), financial counseling, health coaching, employee assistance program, tuition assistance, leadership development, virtual training opportunities, and flexible work arrangements.

Application Deadline

Applications will be accepted through June 30, 2026, subject to earlier closure due to applicant volume.

Additional Information

• This position may be subject to a Political Contribution Policy requiring disclosure of certain political contributions.
• The employer is an Equal Opportunity employer committed to diversity and inclusion.
• The employer participates in E-Verify.
• Applicants are advised to protect their personal information from fraudulent recruiting activities.

Location

Remote or Radnor, Pennsylvania