Alternative Investment Administrator

Daley And Associates, LLC.; Boston (MA); On-site; USD 70,000 - 85,000; Full time

Job summary

Daley And Associates, LLC. is seeking an Alternative Investment Administrator in Boston, MA 02109. The ideal candidate has at least 2 years in custody/trade operations or fund accounting, with strong Excel skills and preference for private equity or venture capital experience.

The role is on-site five days per week with a 40-hour work week. Compensation ranges from $70,000 to $85,000 per year, depending on experience, and starts on November 9, 2026.

Qualifications

• Bachelor’s Degree in Finance, Economics, or Accounting.
• At least 2 years of custody/trade operations or fund accounting experience.
• Private equity, venture capital or alternative investment experience is highly preferred.

Responsibilities

• Monitor cash flows, prepare cash reconciliations and projections for multiple portfolios.
• Reconcile monthly cash flows and trade activities for hedge funds, commingle funds, and private investments.
• Review earning allocations for portfolios with multiple investors.
• Review Net Asset Values calculated and resolve variances.
• Compare custodian data with internal systems and resolve breaks.
• Review investment management and vendor invoices.
• Enter wires for investment management fees and capital calls.

Skills

Custody/trade operations experience

Fund accounting experience

Excel proficiency

Education

Bachelor’s Degree in Finance/Economics/Accounting

Job description

Alternative Investment Administrator

We are currently seeking candidates for an Alternative Investment Administrator at a global asset management company in Boston, MA 02109. The ideal candidate will have a minimum of 2 years of experience in custody/trade operations and/or fund accounting. Private equity, venture capital, or alternative investment industry experience is highly preferred.

Yearly Salary: $70K-$85K (based on relative work experience) within a 40-hour work week.

On-site 5 days per week.

Starts November 9th, 2026.

RESPONSIBILITIES

• Monitor cash flows, prepare cash reconciliations and projections for multiple portfolios.
• Reconcile monthly cash flows and trade activities for hedge funds, commingle funds, and private investments in limited partner structure with fund manager statements, internal trade instructions, and custodian banks.
• Review earning allocations for portfolios with multiples investors.
• Review Net Asset Values calculated and resolve variances.
• Compare custodian data with internal system and identify market value and transaction breaks and propose solution to resolve the breaks.
• Review investment management fee invoices and/or vendor invoices.
• Enter wires for investment management fee invoices and capital calls.

QUALIFICATIONS

• Bachelor’s Degree (preferably in Finance, Economics, Accounting)
• Minimum 2 years of custody/trade operations and/or fund accounting experience
• Private equity, venture capital or alternative investment industry experience is highly preferred
• Team player with a strong focus on getting the job done within established strict timeframes
• Must be proficient in Microsoft Excel