Funds US Manager - Real Estate

Alter Domus; Chicago, Northern (IL, KY); Hybrid; USD 80,000 - 130,000; Full time

Benefits offered by this job

Professional accreditations

Flexible holidays

Birthday day off

Mentoring program

Employee assistance program

Employee share plan

Sports and social events

Job summary

Alter Domus is seeking a Fund Accounting Manager to join our Fund Administration Real Estate team in Chicago. You will oversee NAV-related deliverables, financial statements, investor statements, and notices, and guide a staff of analysts to meet client expectations.

You will review fees, capital calls, allocations, and interact with clients via weekly calls, coordinating with service teams to improve processes while ensuring compliance and risk management.

Qualifications

• 6+ years of accounting experience, preferably in financial services
• Experience managing and directly overseeing a team
• Proactive, client-oriented communication with strong verbal and written skills
• CPA or CPA eligibility a plus
• Ability to manage deadlines and collaborate with internal/external parties

Responsibilities

• Manage client deliverables related to the NAV process (financial statements, investor statements, notices)
• Train, review, and oversee staff dedicated to assigned funds
• Identify and implement efficiency and process improvements
• Adhere to compliance requirements and communicate risks
• Review complex management and incentive fees, capital calls, and allocations
• Interact with clients on weekly/monthly calls and coordinate with service teams
• Recruit, train, and develop accounting and reporting professionals
• Oversee interactions with fund-client auditors
• Review FS tables and related notes

Skills

Team leadership

Client communication

Organization & prioritization

Fund administration experience

Attention to detail

Education

Bachelor's degree in accounting/finance or related field

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

Alter Domus is currently seeking a new Fund Accounting Manager to join our Fund Administration Real Estate team.

JOB DESCRIPTION:

• Manage the client deliverables related to the NAV process, including financial statements, investor statements, capital call notices, distribution notices, and other ad-hoc reporting as required
• Training, reviewing and oversight of Analyst/Associate/Senior Associates staff dedicated to your assigned group of funds
• Identify and execute on efficiency and process-improvement opportunities and communicate improvements to business unit leaders and other internal teams
• Adhere to compliance requirements and identify and communicate risks
• Review and calculate complex management fees, incentive fees, capital calls, and allocations
• Interact directly with clients on weekly/monthly calls and ad-hoc as required
• Coordinate with Client Service team to manage deadlines and client expectations
• Work with members of the Financial Control, Client Service, Implementation, and Technology teams to streamline production and enhance policies and procedures
• Recruit, train, manage and develop a team of accounting and financial-reporting professionals
• Ensure strong internal and external communications on status, issues, and expectations
• Oversee and manage the interactions with the fund-client auditors
• Review all FS tables including CF, FIHI, Fair Value, etc. and limited exposure to footnotes.

YOUR PROFILE:

• Bachelor’s degree in accounting, finance, or other business-related field with substantive and relevant work experience
• 6+ years of accounting experience, preferably in the financial services industry, but not required
• Proactive interest in learning, inquiring on, and mastering new investment concepts, accounting rules, and service processes required
• Experience managing and directly overseeing a team required
• Proactive, client-oriented approach with strong verbal and written
• Communication skills and ability to collaborate with internal and external parties to meet deadlines and resolve issues
• Outstanding organization, prioritization, and attention to detail
• Ability to remain poised in a deadline-driven environment
• Direct fund administration experience, exposure to private equity, credit, and real estate funds and concepts a plus
• CPA or CPA eligibility a plus

The budgeted salary range for this role is $80,000 - $130,000+ based on level of experience.

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 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.