Assistant Fund Manager - Private Credit

Alter Domus; Town of Carmel (NY); On-site; USD 60,000 - 105,000; Full time

Benefits offered by this job

Professional accreditations support

Flexible holidays + birthday day off

Career mentoring

Office sports/social committees

EAP support 24/7

Employee Share Plan

Job summary

Alter Domus is seeking a seasoned Fund Accounting professional in New York to lead and oversee client delivery teams and supervise fund accountants. You will mentor staff, review financial statements, and coordinate reporting for investors, auditors, and stakeholders.

The role requires 5+ years of experience in investments, strong analytical and communication skills, and the ability to manage multiple projects with minimal guidance.

Qualifications

• 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.
• Ability to perform multiple projects, navigate unexpected challenges, and bring viable 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, train new employees and provide direction.
• Administer, report, review, and understand industry standards.
• Respond to auditor queries.
• Prepare and review monthly, quarterly, and annual reports for investors and stakeholders.
• Review and analyze financial statements and reports for accuracy and conformance to standards.
• Support SOC1 checklist sign-off and external audits.

Skills

Team leadership

Analytical skills

Communication skills

Multi-project management

Education

Bachelor’s degree in accounting

Job description

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.

Find out more about life at Alter Domus at careers.alterdomus.com

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

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

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.