Fund Accountant, Alternative Investment Funds

SEI; Port McNicoll; On-site; USD 68,000 - 83,000; Full time

Job summary

Join a forward-thinking company as a Fund Accountant, where you will play a pivotal role in managing hedge and private equity funds. This exciting position involves maintaining accurate records, supporting audits, and collaborating with clients to ensure compliance and quality service. You'll be part of a diverse team, focusing on professional development and process improvements. With a competitive salary and a comprehensive benefits package, this role offers a great opportunity for career growth and success. Embrace the challenge and help shape the future of financial services.

Benefits

Health care

Life and disability insurance

401(k) matching

Tuition reimbursement

Flexible work arrangements

Parental leave

Paid volunteer days

Stock purchase plans

Qualifications

• Degree in Accounting, Finance, Economics, or Mathematics preferred.
• Internship experience in finance or accounting is a plus.

Responsibilities

• Maintain timely records for hedge and private equity holdings.
• Support year-end audits and ensure compliance with GAAP standards.
• Engage with external managers regarding fund inquiries.

Skills

Accounting

Finance

Microsoft Excel

Customer Service

Communication Skills

Self-motivation

Education

BA / BS in Accounting

BA / BS in Finance

BA / BS in Economics

BA / BS in Mathematics

Tools

Microsoft Excel

Job description

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

What you will do:

1. Utilize your accounting skills to price and maintain timely records for hedge and private equity holdings using various external pricing resources. Perform reconciliations related to Net Asset Values and prepare accounting reports. Communicate transactions associated with the funds and collaborate with internal and external clients to deliver accurate accounting packages.

2. Support year-end audit engagements in accordance with GAAP standards as the record keeper for the fund. Conduct due diligence to ensure client compliance with applicable laws and regulations.

3. Engage with external investment managers regarding fund inquiries such as fee payments, cash position breaks, and reconciliations. Maintain a focus on client engagement and quality service.

4. Participate in IMS and corporate professional development sessions to acquire new skills, identify process improvements, and grow your career while working with a diverse team.

What we need from you:

• BA / BS in Accounting, Finance, Economics, Mathematics, or equivalent work experience.

• Internship experience preferred.

• Intermediate proficiency in Microsoft Excel.

• Self-motivation and the ability to manage multiple client deliverables with high quality.

• Strong written and verbal communication skills, primarily supporting clients via email and phone.

• Excellent customer service skills for daily communication with internal and external clients.

What we would like from you:

• A desire to expand knowledge of the financial services industry through learning and applying new concepts.

• Flexibility and collaboration skills to adapt to changing client needs.

• A positive, team-oriented attitude and attention to detail to identify solutions and improve processes.

• Alignment with SEI's values of courage, integrity, collaboration, inclusion, connection, and fun. More information is available on our website: https://www.seic.com/

Compensation:

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

Note: SEI is not hiring individuals requiring sponsorship for employment now or in the future.

SEI's benefits:

We offer a comprehensive benefits package including health care, life and disability insurance, 401(k) matching, tuition reimbursement, flexible work arrangements, parental leave, paid volunteer days, stock purchase plans, and more. Our goal is to support your physical and mental well-being and professional growth.

Join SEI and help us build brave futures—your career growth and success are our priority.

SEI is an Equal Opportunity Employer and values diversity in the workplace.