Supervisor, Alternative Investment Funds (Open)

SEI; Port McNicoll; On-site; USD 89,000 - 130,000; Full time

Job summary

An established industry player is seeking a Fund Accounting Supervisor to join their growing Alternative Investment Funds team. In this pivotal role, you will leverage your accounting expertise to manage fund records, ensure compliance with GAAP, and lead a team of analysts. Your contributions will directly impact client satisfaction and operational excellence. The company offers a dynamic work environment with opportunities for professional development and a commitment to diversity and inclusion. If you are passionate about finance and eager to grow your career, this position is an excellent fit for you.

Benefits

Comprehensive Healthcare

Retirement Plans

Tuition Reimbursement

Flexible Time Off

Hybrid Work Options

Support for Working Parents

Qualifications

• 2+ years of experience in the fund services industry, preferably with alternatives.
• Strong written and verbal communication skills.

Responsibilities

• Price and maintain records for hedge and private equity holdings.
• Train and supervise accounting analysts on systems and procedures.

Skills

Accounting Skills

Client Communication

Microsoft Excel

Customer Service

Team Management

Education

BA / BS in Business, Accounting, Finance, Economics, or Mathematics

Job description

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

What you will do:

1. Use your accounting skills to price and maintain timely records for hedge and private equity holdings using various external pricing resources. Perform reconciliations regarding Net Asset Values and provide accounting reports. Communicate transactions related to the fund(s) and work closely with internal and external clients to deliver accurate accounting packages.
2. Coordinate and support year-end audit engagements in accordance with GAAP standards. Perform due diligence to ensure client compliance with laws and regulations.
3. Train and supervise accounting analysts on systems, procedures, and responsibilities. Manage a team environment that promotes motivation, organization, and timely delivery of client work without compromising quality. Review analysts' work meticulously to ensure error-free reconciliations and reports.
4. Communicate with external investment managers regarding fund inquiries, reconciliations, scheduled deliverables, and escalation concerns. Maintain a focus on client engagement and quality service.
5. Assist the manager with performance appraisals, conduct monthly one-on-ones, and support career development and training. Participate in staffing by interviewing analysts. Collaborate with the manager to foster a positive team environment, including development, promotions, and disciplinary actions.
6. Participate in IMS and corporate professional development sessions to acquire tools for process improvement across the division and organization.
7. Partner with a diverse team and grow your career within the organization.

What we need from you:

1. BA / BS in Business, Accounting, Finance, Economics, Mathematics, or equivalent experience.
2. Minimum 2 years of experience in the fund services industry, with preferred alternatives experience.
3. Intermediate skills in Microsoft Excel.
4. Self-motivation, organization, and drive to complete multiple client deliverables on time with high quality.
5. Strong written and verbal communication skills to support clients via email and phone.
6. Excellent customer service skills for daily client and service provider interactions.

What we would like from you:

1. A desire to expand knowledge of the financial services industry by learning new concepts and applying them.
2. Attention to detail to ensure high-quality, accurate deliverables.
3. Ability to collaborate effectively with internal and external stakeholders and adapt to changing client needs.
4. Positive, collegial attitude and ability to work well in a team environment.
5. Curiosity, critical thinking, and attention to detail to identify solutions or improve processes.
6. Compensation Range: $89,600 - $130,000 USD
7. Alignment with SEI Values of courage, integrity, collaboration, inclusion, connection, and fun. More info at https://www.seic.com/

SEI's competitive advantages include:

Benefits such as comprehensive healthcare, retirement plans, tuition reimbursement, hybrid work options, support for working parents, Flexible Time Off, and more, designed to support your well-being and career growth.

SEI is committed to building a diverse and inclusive environment and is an Equal Opportunity Employer.