Manager, Private Equity Fund Accounting (HYBRID)

About the role

The Investment Manager Services Division (IMS) at SEI is expanding its Private Equity Fund Accounting Teams. This role involves providing exceptional customer service, accounting, and administration services to private equity fund customers. Key responsibilities include managing the accounting operations, resolving accounting issues, coordinating new fund setups, serving as a liaison, and supporting various year-end audit engagements.

Responsibilities

• Demonstrate expertise in offshore and domestic fund accounting and administration for alternative funds.
• Lead the delegation of funds, coordinate/onboard new fund set ups, and serve as a liaison between clients and internal teams.
• Work closely with all parties to provide accurate and thorough accounting packages.
• Perform due diligence to ensure clients are in compliance with government laws and regulations.
• Implement Anti-Money Laundering policies and procedures when reviewing all fund transactions.
• Generate and reconcile all accounting reporting, including 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 customers regarding day-to-day inquiries, including questions on transactions associated with the fund(s), administration servicing planning, and reporting of funds and financial documents.
• Connect with investment managers, transfer agents, and sales and service teams to resolve open issues and questions, and communicate with internal technology support and vendor support when necessary.
• Conduct performance appraisals, monthly one-on-ones with supervisors and analysts, and provide career pathing and training.
• Support new business development and relationship teams for prospect calls, client visits, and presentations.
• Facilitate the on-boarding of new and converted clients by collecting client requirements, submitting any custom requests, and communicating key results to team members.
• Participate in various IMS and corporate professional development sessions to identify processes across the division and organization.

Requirements

• BA/BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
• Minimum 5 years’ experience with Private Equity Fund Accounting / Fund Administration.
• Minimum of 2 years’ supervisor or manager level experience.
• Intermediate skills in Microsoft Excel.

Qualifications

• The self-motivation, organization, and ability to complete multiple client results in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills.
• Strong customer service skills.
• Aim to broaden one’s knowledge of the industry by learning new concepts and systems and applying them to daily work assignments.
• An attention-to-detail to ensure that all results consistently meet the highest standard of quality and accuracy.
• Collaboration with internal and external partners.
• The ability to adapt to changing client needs.
• A positivity and congenial approach in assisting both colleagues and clients.
• A curiosity, critical thinking, and attention to detail: ready to identify solutions to problems or implement more efficient processes or procedures.

Skills

• The ability to work in a team environment.
• The ability to handle multiple tasks simultaneously.
• Knowledge of GAAP accounting standards.
• Experience with 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).
• Paid parental leave.
• Back-up childcare arrangements.
• Paid volunteer days.
• A discounted stock purchase plan.
• Investment options.
• Access to thriving employee networks.

Pay

$105,000 - $160,000 per year. This position is also eligible to earn a discretionary bonus each year, subject to company approval.

Schedule

SEI offers a hybrid working environment for most roles.

Company Information

SEI is an Equal Opportunity Employer and provides a wide range of benefits including comprehensive care for physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents, and flexible Paid Time Off (PTO) so you can relax, recharge, and be there for the people you care about. SEI is committed to fostering a diverse and inclusive workplace where everyone feels valued and respected. We are dedicated to building brave futures for our clients, our communities, and ourselves. Join us in making a difference!

Additional Information

Please see our website for more information: www.seic.com. AI Acceptable Use in the Application and Interview Process: 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.