Senior Portfolio Accounting Supervisor - Fund Administration

FIS; Pittsburgh (Allegheny County); On-site; USD 82,000 - 135,000; Full time

Job summary

A leading company in fintech is seeking a Senior Portfolio Accounting Supervisor to oversee fund accounting and client relations. This full-time role requires a Bachelor's degree in finance or accounting and 5-7 years of relevant experience. The ideal candidate will have detailed knowledge of securities and investment company accounting, along with advanced Excel skills. Join a collaborative environment that champions diversity and offers competitive compensation and benefits.

Benefits

Always-on learning and development

Collaborative work environment

Opportunities to give back

Competitive salary and benefits

Qualifications

• Typically, at least 5-7 years of fund accounting experience.
• Experience with hedge funds or fund administration preferred.
• Knowledge of capital allocations and waterfall structures.

Responsibilities

• Serve as portfolio accounting point of contact for clients.
• Develop, train, and supervise fund accounting staff.
• Review monthly GAV financial packages and reconciliations.

Skills

Detailed knowledge of securities

Investment company accounting

Financial reporting

Advanced Excel skills

Education

Bachelor's degree in finance or accounting

Tools

Microsoft Office

Job description

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Type Of Hire

Experienced (relevant combo of work and education)

Education Desired

Bachelor of Accounting

Position Type

Full time

Travel Percentage

0%

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know~ Are you FIS?

About The Team

Virtus from FIS is a leading provider of alternative investment services and technology solutions, specializing in delivering comprehensive front, middle, and back-office services to asset managers, banks, and other institutional investors. Virtus helps its clients manage their alternative investment portfolios, including CLO/CDOs, private equity, hedge funds, and other alternative assets.

What You Will Be Doing

• Serve as portfolio accounting point of contact for clients, working closely to resolve inquiries and ensure client satisfaction.
• Develop, train, and supervise fund accounting staff, overseeing all aspects of client fund accounting deliverables and service levels for several client relationships.
• Review monthly GAV financial packages, statements, and reconciliations, including cash, positions, market price, market value, and accrued interest/dividends in supporting schedules and Trial Balance.
• Assist with client onboarding, including the loading of client tax lots, cash balance, trial balance, etc., and year-end audits (backup documentation, sampling, etc.).
• Calculate and review fund returns, process capital commitments, calls, and distributions.
• Prepare expense budget analysis, expense calculations, and maintain daily and monthly accounting records.

What You Bring

• Bachelor's degree in finance, accounting, related field, or equivalent combination of education, training, and work experience.
• Typically, at least 5-7 years of fund accounting experience, preferably with hedge funds or fund administration.
• Detailed knowledge of securities, fixed income assets, investment company accounting, and investor accounting.
• Experience with financial reporting, capital allocations, and waterfall structures.
• Highly proficient with Microsoft Office applications, with advanced Excel skills.

Added Bonus If You Have

• Structured products knowledge (term loans, revolvers, delayed draws, ABS).
• Experience onboarding funds onto accounting systems.
• Working knowledge of accounting systems (Geneva, VPM) and partnership allocations (Investran).

What We Offer You

• A voice in the future of fintech.
• Always-on learning and development.
• Collaborative work environment.
• Opportunities to give back.
• Competitive salary and benefits.

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $82,300.00 - $134,140.00 and reflects the minimum and maximum target for new hire salaries based on the role, level, and location. Actual starting pay will be determined by skills, experience, education, and location. Please discuss salary details with your recruiter during the hiring process.

Privacy Statement

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EEOC Statement

FIS is an equal opportunity employer. We evaluate applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics.

Sourcing Model

Our recruitment primarily uses a direct sourcing model. We do not accept resumes from agencies not on our preferred supplier list.

Additional Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Accounting/Auditing and Finance
• Industries: IT Services, IT Consulting, Financial Services