Alternatives Fund Client Services Lead

Brown Brothers Harriman; Boston (MA); On-site; USD 70,000 - 100,000; Full time

Job summary

Brown Brothers Harriman (BBH) in Boston seeks a Client Accounting Supervisor within the Alternatives group to lead the client service accounting team and mentor 2–4 representatives while serving as a primary point of contact for complex issues.

You will engage in client conversations, deepen understanding of alternative investments across hedge, private debt, private equity, and real estate funds, and collaborate with external contacts to exceed client expectations.

Qualifications

• BA/BS degree in a business-related field.
• 3+ years of Alternatives Fund Accounting, Global Custody, and/or Transfer Agency.
• Supervisory experience preferred but not required.
• Detailed knowledge in Hedge Funds, Private Debt/Equity, or Real Estate Funds.
• Excel proficiency.
• Working knowledge of WSO is preferred.

Responsibilities

• Prepare, review and approve monthly and quarterly NAV packages and allocations for funds investing in equity, fixed income, fund-of-PE-funds, fund-of-hedge-funds, private debt, syndicated debt, private equity, real estate funds, OTC and various other financial instruments.
• Reconcile transaction details and balances from the general ledger to third party supporting documentation including, underlying fund investment capital statements, private loan documents, prime brokerage statements, Markit WSO reporting, and client’s supplemental reporting.
• Work with clients to solve complex problems, including but not limited to equalization, IRR calculations, management fee calculations, and waterfall/carry calculations.
• Assist in providing support towards year-end fund financial statement audit, regulatory reporting and tax preparation services.
• Work closely with the BBH Alts financial reporting team during the quarterly and annual cycle.
• Prepare and review investor capital call and distributions.
• Aid in enhancing and enacting new policies, procedures and internal controls, including implementation of new technology tools and updates to associated procedural guides.
• Oversee and ensure training and cross training of employees on relevant job functions to develop breadth and depth of knowledge.
• Provide ongoing feedback and coaching to staff to improve individual performance, including BBH’s annual performance review process.
• Assist in implementing the coordination of new business and product implementations and conversions.

Skills

Alt Fund Accounting

Global Custody

Transfer Agency

Excel

WSO

Alternative investments knowledge

supervisory experience

Education

BA/BS degree in business

Job description

Brown Brothers Harriman (BBH) in Boston seeks a Client Accounting Supervisor within the Alternatives group to lead the client service accounting team and mentor 2–4 representatives while serving as a primary point of contact for complex issues.

You will engage in client conversations, deepen understanding of alternative investments across hedge, private debt, private equity, and real estate funds, and collaborate with external contacts to exceed client expectations.