Assistant Fund Manager - Private Credit

Alter Domus; Boston (KY); On-site; USD 60,000 - 105,000; Full time

Benefits offered by this job

Professional accreditations

Flexible holidays

Birthday day off

Ongoing mentoring

Employee Assistance Program

Employee Share Plan

Job summary

Alter Domus in the United States is seeking an experienced operations leader to manage and oversee client delivery teams within our fund accounting practice. You will supervise 1–2 Associate Fund Accountants or Fund Accountants, mentor staff, and coordinate with clients and auditors to ensure timely, accurate reporting.

The role emphasizes adherence to industry standards, SOC1 responsibilities, and the ability to juggle multiple projects while driving process improvements.

Qualifications

• Bachelor's degree in accounting (or related field)
• 5+ years of professional experience
• In-depth understanding of investments within assigned fund(s)
• Broad market knowledge
• Ability to manage 2 staff members with potential for growth
• Strong communication and analytical skills
• Ability to perform multiple projects and drive solutions

Responsibilities

• Manage and oversee Client Delivery teams
• Able to manage 1-2 Associate Fund Accountants or Fund Accountants with potential for growth
• Supervise and mentor a team of Fund Accountants and train new employees
• Respond to auditor queries and prepare investor reports
• Ensure compliance with internal audit procedures and SOC1 requirements
• Review documents for accuracy and conformance to standards

Skills

Leadership

Communication

Analytical skills

Team management

Education

Bachelor's degree in accounting

Tools

SOC1 checklist

SOC audit procedures

Job description

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions. With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Job Description

• Manage and oversee Client Delivery teams


• Able to manage 1-2 Associate Fund Accountants or Fund Accountants with potential for growth;


• Supervise and mentor a team of Fund Accountants, as well as train new employees and provide direction and help prioritize the work of others


• Administer, report, review, and understand industry standards


• Respond to auditor queries;


• Increase communication/interaction with clients and their investors. Prepare/review monthly, quarterly, and annual reports for investors, consultants and other stakeholders including financial information, performance returns, operations and variance analysis;


• Calculate and review various performance returns;


• Support and coordinate cash distributions on behalf of clients;


• Review, analyze and interpret accounting records, financial statements, footnotes, or other financial report to assess accuracy, completeness, and conformance to reporting and procedural standards for audit reports;


• Sign off as reviewer on SOC1 checklist and support SOC external audit requests;


• Ensure compliance with internal audit procedures and requests;


• Develop leadership skills by demonstrating a willingness to lead projects and offer input; and


• Demonstrate a comprehensive understanding of the governing agreement(s) between Alter Domus, the clients and their investors;


• Review documents in compliance with client agreement(s);

Your Profile

• Bachelor’s degree in accounting (or related field);


• Credit Accounting experience preferred;


• 5+ years of professional experience;


• In-depth understanding of investments within assigned fund(s);


• Broad market knowledge;


• Ability to manage 2 staff members with potential for growth;


• Strong communication and analytical skills; and


• Ability to perform multiple projects, navigate through unexpected challenges, and bring about viable solutions that provide the best results.

Salary range depending on location and experience: $60,00-$105,000

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you. Our industry‑leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations


• Flexible arrangements, generous holidays, plus an additional day off for your birthday!


• Continuous mentoring along your career progression


• Active sports, events and social committees across our offices


• 24/7 support available from your Employee Assistance Program


• The opportunity to invest in our growth and success through your Employee Share Plan


• Plus additional local benefits depending on your location

Alter Domus is an Equal Opportunity Employer: Equity Statement. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/