Assistant Manager, Alternative Investment Funds

SEI Corporation; Northern (KY); Hybrid; USD 90,000 - 110,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Paid time off

Parental leave

Tuition reimbursement

Commuter benefits

Job summary

SEI Corporation in Oaks, PA is seeking an Assistant Manager for our Alternative Investment Funds team. You will supervise fund accounting staff, assist the Fund Accounting Manager, and ensure accurate NAV calculations, reconciliations, and timely reporting under GAAP.

You will coordinate with internal and external clients, support year-end audits, and drive process improvements, training analysts, and maintaining premier service standards across multiple client deliverables.

Qualifications

• BA/BS in Business, Accounting, Finance, Economics or equivalent experience.
• Minimum 4 years in the fund services industry, alternatives preferred.
• Minimum 2 years supervisory/management experience.
• Intermediate Microsoft Excel skills.
• Knowledge of Investran, Investier and Geneva systems preferred.
• Strong knowledge of trade processing and accounting for equities, fixed income and derivatives.
• Strong problem solving, organizational and communication skills.
• Project management experience a plus; customer service focus.

Responsibilities

• Support Fund Accounting Manager and supervise staff in daily/weekly/monthly fund activities.
• Perform NAV reconciliations and prepare accounting reports for hedge and private equity holdings.
• Coordinate year-end audits and ensure GAAP compliance.
• Communicate fund transactions with internal and external clients and provide accounting packages.
• Train and develop accounting analysts and participate in staff interviews and career development.
• Engage with external investment managers regarding inquiries and deliverables.
• Pursue process improvements and maintain high client service standards.

Skills

Excel

Communication

Problem solving

Organizational skills

Supervisory experience

Project management

Client service

Education

BA/BS in Business/Accounting/Finance/Economics

Tools

Investran

Investier

Geneva

Job description

## Assistant Manager, Alternative Investment FundsApply: USA - PA - Oaks: Full time: Posted Yesterday: R0038291The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Alternative Investment Funds team. The Private Equity Assistant Manager in the alternative investment fund department is responsible for fully supporting the Fund Accounting Manager in the day to day aspects of managing a Fund Accounting team, and for supervising and assisting the staff with the daily\\weekly\\monthly functions of the alternative investment funds department. You must supervise the staff and enforce the standards set for them. You will also be responsible for training new employees and for ensuring premier client service standards are achieved within specified deadlines and according to best practices.**What you will do:*** Your skills in accounting will be used by pricing and maintaining timely records for hedge and private equity holdings using various external pricing resources. You will perform timely reconciliations regarding Net Asset Values and provide accounting reports. You are responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.* As the record keeper for the fund, you will be involved in the coordination and support of various year-end audit engagements in accordance with GAAP accounting standards. We will need you to perform due-diligence to ensure clients are in compliance with government laws and regulations.* You will train and supervise the accounting analysts on systems, processing, procedures, and job responsibilities. You will assist in managing a team environment that encourages self-motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality. Your due diligence and attention to detail during the review process of the fund accountant analysts work will be key to your team’s success while striving for error free reconciliations and reporting.* You will correspond with external investment managers regarding day-to-day fund inquiries including reconciliations, coordinating scheduled deliverables, and escalation concerns. Client engagement and a dedication to quality service is a must for success.* You will assist the manager with conducting performance appraisals, monthly one-on-ones with the team analysts and provide career pathing and training. You will also ensure staffing requirements are met by participating in analyst interviews. You will team with the manager to provide and foster a team environment to include individual development, promotions and disciplinary action.* We want you to succeed and look for future solutions! Through attending and participating in various IMS and corporate professional development sessions, you will acquire the tools to identify processes across the division and organization.* You will have the opportunity to partner with a diverse team and grow your career.**What we need from you:*** BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.* Minimum 4 years experience in the fund services industry, alternatives experience preferred.* Minimum of 2 years supervisory experience / management skills and/or coaching / mentoring.* Intermediate skills in Microsoft Excel.* Knowledge and expertise of Investran, Investier, and Geneva systems preferred.* Strong knowledge of trade processing and accounting for equities, fixed income and derivative instruments.* Strong problem solving skills.* Strong organizational skills.* Ability to adapt to various product deliverables* Project management experience a plus* The self-motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.* Strong written and verbal communication skills as you will primarily support your clients through email and/or phone calls.* Strong customer service skills as you will be communicating daily with your clients and other service providers.**What we would like from you:*** A drive to broaden one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.* Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy* Collaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with them.* Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment.* Curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.* Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. https://www.seic.com/ **SEI’s competitive advantage:** To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about. Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more. We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.The position title reflected in this job description is aligned with SEI's current internal job architecture. As part of SEI's role and career framework, internal job titles may not directly correspond to external market titles and may differ from titles previously assigned during an employee's tenure or at the time of hire.**SEI is an Equal Opportunity Employer and so much more...**After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks.SEI is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.