Supervisor, Private Equity & Hedge Funds (REMOTE)

Overview

This role supports the Alternative Investment Funds team within the organization’s Investment Manager Services division. The Fund Accounting Supervisor acts as an intermediary between the funds and their investment managers, serves as the official record keeper for assigned hedge and private equity funds, and trains and supervises accounting analysts.

Responsibilities

• Price and maintain timely accounting records for hedge and private equity holdings using various external pricing resources.
• Perform timely reconciliations related to Net Asset Values (NAV) and provide accounting reports.
• Communicate fund-related transactions and deliver accurate, thorough accounting packages to internal and external clients.
• Coordinate and support year-end audit engagements in accordance with GAAP accounting standards.
• Perform due diligence to help ensure clients are in compliance with government laws and regulations.
• Train and supervise accounting analysts on systems, processing, procedures, and job responsibilities.
• Review analyst work to help ensure accurate, error-free reconciliations and reporting.
• Correspond with external investment managers regarding day-to-day fund inquiries, including reconciliations, coordinating scheduled deliverables, and escalation of concerns.
• Assist the manager with performance appraisals, monthly one-on-ones, career pathing, training, and analyst interviews.
• Participate in managing team staffing requirements and support team environment initiatives, including individual development, promotions, and disciplinary action.
• Attend and participate in professional development sessions to identify and support process improvements across the division.

Requirements

• BA / BS in Business, Accounting, Finance, Economics, Mathematics, or equivalent professional experience.
• Minimum 2 years of experience in the fund services industry; alternatives experience preferred.
• Intermediate skills in Microsoft Excel.
• Self-motivation, organization, and the drive to complete multiple client deliverables on time while maintaining excellence and quality.
• Strong written and verbal communication skills; support clients primarily through email and/or phone calls.
• Strong customer service skills; communicate daily with clients and other service providers.

Preferred Qualifications

• Motivation to broaden knowledge of the financial services industry by learning new concepts and systems and applying them to daily work.
• Attention to detail to ensure consistent quality and accuracy of all deliverables.
• Collaboration with internal and external stakeholders and flexibility as client needs change.
• Positive, collegial approach working in a team environment with both colleagues and clients.
• Curiosity and critical thinking to identify solutions and help implement more efficient processes or procedures.

Compensation & Benefits

• Base salary: $70,000 - $90,000 per year.
• Discretionary bonus: Eligible each year, subject to company approval.
• Benefits include comprehensive care for physical and mental well-being, a strong retirement plan, tuition reimbursement, support for working parents, and flexible Paid Time Off (PTO).
• 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.
• Investment options.
• Access to employee networks.

Location

Remote