Fund Accountant, Alternative Investment Funds

About the role

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Alternative Investment Funds accounting team. Our primary goal is to provide exceptional accounting and administration servicing for our clients’ assigned hedge and private equity funds. As a Fund Accountant, you will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.

Responsibilities

• Pricing and maintaining timely records for hedge and private equity holdings using various external pricing resources
• Performing timely reconciliations regarding Net Asset Values and providing accounting reports
• Communicating the transactions associated with the fund(s) and working closely with internal and external clients to provide accurate and thorough accounting packages
• Coordinating and supporting various year-end audit engagements in accordance with GAAP accounting standards
• Performing due diligence to ensure clients are in compliance with government laws and regulations
• Corresponding with external investment managers regarding day-to-day fund inquiries including fee payments, cash position breaks, and reconciliations
• Engaging with clients and providing quality service

Requirements

• A Bachelor's Degree in Accounting, Finance, Economics, or Mathematics or equivalent work experience
• Internship experience preferred
• Intermediate skills in Microsoft Excel
• Self-motivation and drive to monitor multiple client deliverables without sacrificing excellence or quality
• Strong written and verbal communication skills to support clients through email and/or phone calls
• Strong customer service skills to communicate daily with internal clients and clients

Qualifications

• 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
• Collaboration with internal and external stakeholders as the needs of our clients change
• A positivity and collegial approach in assisting both colleagues and clients and the ability to work in a team environment
• A curiosity, critical thinking, and attention to detail to identify solutions to problems or implement more efficient processes or procedures

Skills

• Intermediate skills in Microsoft Excel

Benefits

• Comprehensive care for 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)

Pay

The base salary pay for this role is $68,950-$83,000 per year.

Schedule

SEI offers a hybrid working environment for most roles.

Benefits

• 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
• 16 days PTO/year pro-rated for new hires which increases over time
• Paid parental leave
• Paid volunteer days
• Discounted stock purchase plan
• Access to thriving employee networks

Company Information

We are a technology and asset management company delivering on our promise of building brave futures— for our clients, our communities, and ourselves. Come build your brave future at SEI. SEI is an Equal Opportunity Employer and so much more… After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology, our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth.

AI Acceptable Use

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.