Senior Fund Accountant, Alternative Investment Funds

181 SEI Global Services, Inc.; Oaks (PA); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Education assistance

Commuter benefits

PTO

Job summary

SEI Global Services, Inc. in Oaks, PA, is seeking a Fund Accountant for the Investment Manager Services Division (IMS). You will act as the official record keeper for hedge and private equity funds and interface with investment managers to provide timely accounting packages.

You will reconcile Net Asset Values, produce accounting reports, and support year-end audits in GAAP. Strong Excel skills, attention to detail and client-focused communication are essential.

Qualifications

• BA/BS in Accounting, Finance, Economics, Mathematics or equivalent work experience.
• One year experience in Financial Services.
• Intermediate skills in Microsoft Excel.
• Strong written and verbal communication skills for client support.
• Strong customer service skills when communicating with clients.

Responsibilities

• Price and maintain timely records for hedge and private equity holdings using external pricing resources.
• Perform reconciliations of Net Asset Values and provide accounting reports.
• Communicate fund transactions and prepare accounting packages for clients.
• Coordinate year-end audits in accordance with GAAP.
• Conduct due-diligence to ensure compliance with laws and regulations.
• Correspond with investment managers regarding day-to-day fund inquiries.
• Engage with clients to deliver accurate, thorough accounting services.

Skills

Financial services knowledge

Communication skills

Attention to detail

Time management

Education

BA/BS in Accounting/Finance/Economics/Mathematics

Tools

Microsoft Excel

Job description

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Alternative Investment Funds accounting team. Our primary goal is to provide exceptional accounting and administration servicing for our clients’ assigned hedge and private equity funds.

As a Fund Accountant, you will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.

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 correspond with external investment managers regarding day-to-day fund inquiries including fee payments, cash position breaks, and reconciliations.
• Client engagement and a dedication to quality service is a must for success.
• We want you to succeed and look for future solutions!

What we need from you

• BA / BS in Accounting, Finance, Economics, Mathematics or equivalent work experience.
• One year experience in Financial Services.
• Intermediate skills in Microsoft Excel.
• The self-motivation and drive to monitor multiple client deliverables 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 internal clients and your clients.

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.
• 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/

For this position, SEI is not hiring individuals who require sponsorship for employment or continued employment now or anytime in the future.

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, a hybrid working environment for most roles, 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

• 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
• 16 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.

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 / affirmative action 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.

AI Acceptable Use in the application and interview process: SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines. We are global provider of technology, operations, and asset management services for the financial services industry. We tailor our solutions to help clients make effective use of their capital—whether that’s money, time, or talent—so they can grow and better serve their clients. At SEI, we’re committed to fostering an inclusive workplace where everyone has the same opportunities to grow, develop, and succeed.