Director, Private Equity Funds (Fund Accounting)

Client Management

• Understand, communicate, and resolve unique client issues in tandem with SEI Relationship Teams
• Ensure the overall quality and delivery of Fund Accounting, Shareholder Reporting and Administration services in accordance with client-specific service model
• Serve as senior technical and operational resource for client
• Interact with the Board of Directors/Trustees connected to the Director’s bundle of service relationships
• In certain circumstances, serve as the Chief Financial Officer of client funds

Technical Consulting

• Identify, interpret, apply and communicate accounting and industry rules and regulations
• Identify trends in the investment management business and adjust operational services accordingly

Departmental Leadership

• Create, communicate, monitor and reinforce departmental vision, goals and objectives
• Actively participate in regular senior management meetings and initiatives
• Promote integration of Fund Accounting Department with other SEI lines of business
• Participate in management skills training and development of staff
• Set and enforce departmental policies
• Develop and communicate goals and objectives for the team, and formulate specific action plans
• Periodically review prioritization of team goals and objectives and monitor progress regularly
• Conduct performance appraisals, monthly one-on-ones with the team analysts and supervisors and provide career pathing and training
• Provide and foster a team environment to include individual development, promotions and disciplinary action
• Participate in or lead departmental projects as applicable

Fund Administration Oversight

• Review fund financial statements, fund documents, regulatory filings, etc.
• Review fund budgets and other pro-forma analyses
• Work closely with Tax and Legal Departments on unique issues
• Direct, lead and orchestrate the pace and process of change to improve operational efficiency and effectiveness

Operational Oversight

• Ensure premier client service that meets or exceeds client expectations
• Maintain and monitor all current service and quality indicators and establish related goals
• Provide daily oversight and review of significant fund level threshold deviations
• Manage staff resources to ensure proper client coverage and service
• Set departmental policies and procedures related to the operational control environment
• Monitor and oversee third party vendor performance as it relates to the daily operations
• Monitor and oversee the progress of the funds’ annual audits

Sales Support

• Write and coordinate fund accounting-related responses to RFP’s and RFI’s

Qualifications

• Bachelor's Degree in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience
• Minimum 10 years proven operations management experience leading multiple teams in a changing environment or a minimum of 6 years in a public accounting firm with specific experience in the financial services field
• CPA preferred
• Significant direct, relevant experience with accounting for mutual funds and other unitized pooled investment vehicles
• Strong knowledge of security trading practices in a back office environment
• Genuine familiarity with the Investment Company Act of 1940 and the Investment Advisers Act of 1940
• Experience in reviewing fund financial statements and an understanding of U.S. Generally Accepted Accounting Principles (GAAP) for investment companies and related reporting requirements
• Proven track record of successfully managing operational teams or departments

What We Would Like From You

• A drive to broaden one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments
• Attention to detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy
• Collaboration with internal and external stakeholders
• A positivity and collegial approach in assisting both colleagues and clients
• The ability to work in a team environment
• A curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business
• Able to embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun

SEI’s Competitive Advantage

• Comprehensive care for your physical and mental well-being
• Strong retirement plan
• Tuition reimbursement
• A hybrid working environment for most roles
• Support for working parents
• Flexible Paid Time Off (PTO)
• Up to 11 paid holidays/year
• 21 days PTO/year pro-rated for new hires which increases over time
• Paid parental leave
• Back-up childcare arrangements
• Paid volunteer days
• A discounted stock purchase plan
• Access to thriving employee networks

SEI’s AI Use Guidelines

• SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives.
• If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.