Assistant Manager, Alternative Investment Funds

About the Role

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members for our Alternative Investment Funds team. As a Private Equity Assistant Manager, you will support the Fund Accounting Manager in managing a Fund Accounting team, supervise staff, and ensure premier client service standards are met.

Responsibilities

• Supervise staff and enforce standards, ensuring timely and accurate completion of daily/weekly/monthly functions for alternative investment funds.
• Train new employees and maintain premier client service standards within specified deadlines and according to best practices.
• Price and maintain records for hedge and private equity holdings using external pricing resources.
• Perform reconciliations of Net Asset Values and provide accounting reports.
• Communicate fund transactions and collaborate with internal and external clients to deliver accurate accounting packages.
• Coordinate and support year-end audit engagements in accordance with GAAP accounting standards.
• Conduct due diligence to ensure client compliance with government laws and regulations.
• Train and supervise accounting analysts on systems, processing, procedures, and job responsibilities.
• Assist in managing a team environment that encourages self-motivation, organization, and timely completion of client deliverables without sacrificing quality.
• Review fund accountant analysts’ work for accuracy and completeness.
• Correspond with external investment managers regarding fund inquiries, reconciliations, and scheduled deliverables.
• Assist the manager with performance appraisals, monthly one-on-ones, career pathing, and training.
• Participate in analyst interviews and ensure staffing requirements are met.
• Foster a team environment, including individual development, promotions, and disciplinary actions.
• Identify process improvements across the division and organization through professional development sessions.

Requirements

• BA/BS in Business, Accounting, Finance, Economics, Mathematics, or equivalent professional experience.
• Minimum 4 years of experience in the fund services industry, with alternatives experience preferred.
• Minimum 2 years of supervisory experience, management skills, and/or coaching/mentoring.
• Intermediate skills in Microsoft Excel.
• Knowledge of trade processing and accounting for equities, fixed income, and derivative instruments.
• Strong problem-solving and organizational skills.
• Ability to adapt to various product deliverables.
• Self-motivation and drive to complete multiple client deliverables on time without sacrificing quality.
• Strong written and verbal communication skills.
• Strong customer service skills.

Qualifications

• Knowledge and expertise in Investran, Investier, and Geneva systems preferred.
• Project management experience a plus.

Skills

• Attention to detail to ensure high-quality deliverables.
• Collaboration with internal and external stakeholders.
• Positivity and collegial approach in assisting colleagues and clients.
• Curiosity, critical thinking, and problem-solving abilities.

Benefits

• Comprehensive healthcare (medical, dental, vision, prescription, wellness, EAP, FSA).
• Life and disability insurance (premiums paid for base coverage).
• 401(k) match and education assistance.
• Commuter benefits and up to 11 paid holidays/year.
• 21 days PTO/year (pro-rated for new hires), increasing over time.
• Paid parental leave and back-up childcare arrangements.
• Paid volunteer days and discounted stock purchase plan.
• Access to employee networks and investment options.

SEI is an Equal Opportunity Employer. For more information, visit https://www.seic.com.