Manager, Private Equity and Hedge Fund Accounting

About the role

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Private Equity & Hedge Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting and administration services to our hedge and private equity fund customers. As a Fund Accounting Manager, you will be responsible for the accounting operations and resolution of accounting issues for clients.

Responsibilities

• Demonstrate expertise in the area of offshore and domestic fund accounting and administration for alternative funds.
• Manage the delegation of funds to your team, coordinate/onboard new fund set ups, serve as a liaison between clients and internals teams, and work closely with all parties to provide accurate and thorough accounting packages.
• Coordinate and support various year-end audit engagements in accordance with GAAP accounting standards.
• Perform due-diligence to ensure clients are in compliance with government laws and regulations.
• Adhere to Anti-Money Laundering policies and procedures when reviewing all fund transactions.
• Ensure your team is in compliance with department’s rules and regulations designed to stop the practice of generating income through illegal actions.
• Generate and reconcile all accounting reporting, such as month-end valuation reports.
• Review and approve month-end valuations prior to distribution to clients with a goal of 100% accuracy.
• Authorize wire payments from fund’s escrow accounts.
• Correspond with investment managers regarding day-to-day inquiries, including questions on transactions associated with the fund(s), administration servicing planning and reporting of funds and financial statements.
• Connect with investment managers, transfer agents, and sales and service teams to resolve open issues and questions, getting in touch with internal technology support and vendor support when necessary to resolve any production issues or system support queries.
• Conduct performance appraisals, monthly one-on-ones with your supervisors and analysts and provide career pathing and training.
• Support the new business development and relationship teams for prospect calls, client visits and presentations.
• Facilitate the on-boarding of new and converted clients by gathering client requirements, submitting any custom requests and communicating key deliverables to your team members.

Requirements

• BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
• Minimum of 5 years’ experience in the fund services industry, alternatives experience required.
• Minimum of 2 years’ supervisory or management experience.
• Intermediate skills in Microsoft Excel.

Qualifications

• The self-motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills as you will primarily support your clients through email and/or phone calls.
• Strong customer service skills as you will be communicating daily with your clients and other service providers.
• 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.
• An 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 and 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.

Skills

• The ability to adapt to changing client needs and provide solutions.
• Strong analytical and problem-solving skills.
• Excellent interpersonal and communication skills.
• Ability to work independently and as part of a team.
• Knowledge of GAAP accounting standards.
• Experience with Microsoft Excel.

Benefits

SEI offers a competitive compensation package, including a comprehensive benefits program that includes:

• 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 which increases over time
• Paid parental leave
• Back-up childcare arrangements
• Paid volunteer days
• A discounted stock purchase plan
• Investment options
• Access to thriving employee networks

Pay

Salary range: $80,000 - $120,000 annually, commensurate with experience.

Schedule

Hybrid 3 Days in Office / 2 Days WFH

Contact

To learn more about this opportunity, visit our website: https://www.seic.com/