Fund Accounting Manager

About the role

Alter Domus is a world leading provider of integrated solutions for the alternative investment industry, home to 90% of the top 30 asset managers in the private markets and more than 6,000 professionals across 24 jurisdictions. We believe in being different in what we do, how we work, and most importantly in how we enable and develop our people.

Responsibilities

• Mentorship and leadership to team members
• Serve as lead contact for clients and their investors, auditors, and other parties
• Manage and oversee the production of financial statements and supporting schedules, including journal entries, trial balances, and capital activities
• Review investor allocations, ad-hoc communications with investors, workpapers and unaudited financial statements, partners' capital statements, and all reports for both limited and general partners
• Analyze management fees, incentive fee, and waterfall calculations
• Ensure fund/account compliance with client agreements
• Manage client expectations and communicate deliverables clearly and timely
• Assist with open items list / auditor communications, 1099 form preparation, and onboarding process for both new clients and new funds
• Review and assist in spearheading ongoing Credit Fund automation project
• Communicate with senior team members on the status of reports and projects
• Monitor and create fund/account efficiencies and ensure implementation of improvements
• Work with senior team members on special requests from clients
• Aid in the development of policies and procedures

Requirements

• 7+ years of professional experience
• Bachelor’s degree in Accounting, Finance or similar
• Expertise in Credit Fund Accounting and Bank Loan Markets operations
• In-depth understanding of private credit and structured product investments
• Experience preparing journal entries and other fund accounting processes (cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, partner allocation, and carried interest)
• Advanced Microsoft Excel skills, including advanced formulas and pivot tables
• Deep knowledge of Fund Accounting technology platforms
• Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures
• Ability to quickly learn and understand Alter Domus’ accounting systems and corresponding reporting
• Capacity to multitask, working on multiple client and/or fund deadlines
• Effective communicator with clients
• Skilled at proactively identifying issues and recommending long-term solutions
• Excellent attention to detail and analytical skills
• Experience managing a team is a plus

Qualifications

• Expertise in Credit Fund Accounting and Bank Loan Markets operations
• In depth understanding of private credit and structured product investments
• Experience preparing journal entries and other fund accounting process (cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, partner allocation, and carried interest)
• Advanced Microsoft Excel skills, including advanced formulas and pivot tables
• Deep knowledge of Fund Accounting technology platforms
• Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures
• Ability to quickly learn and understand Alter Domus’ accounting systems and corresponding reporting
• Capacity to multitask, working on multiple client and/or fund deadlines
• Effective communicator with clients
• Skilled at proactively identifying issues and recommending long-term solutions
• Excellent attention to detail and analytical skills

Skills

• Expertise in Credit Fund Accounting and Bank Loan Markets operations
• In depth understanding of private credit and structured product investments
• Advanced Microsoft Excel skills, including advanced formulas and pivot tables
• Deep knowledge of Fund Accounting technology platforms
• Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures
• Ability to quickly learn and understand Alter Domus’ accounting systems and corresponding reporting
• Capacity to multitask, working on multiple client and/or fund deadlines
• Effective communicator with clients
• Skilled at proactively identifying issues and recommending long-term solutions
• Excellent attention to detail and analytical skills

Benefits

• Industry-leading Alter Domus Academy offering six learning zones for every stage of your career
• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan

Pay

Salary range depending on location and experience: $110,00-$130,000

Schedule

N/A