Senior Portfolio Accounting Supervisor - Fund Administration

FIS; United States; Remote; USD 60,000 - 100,000; Full time

Job summary

Join a dynamic team at a forward-thinking fintech company where you will play a crucial role in fund administration. As a Senior Fund Accounting Supervisor, you'll oversee client engagements, ensuring accuracy in fund accounting deliverables while leading and developing a talented team. This position offers the opportunity to enhance operational efficiencies and work closely with clients to resolve inquiries. If you are passionate about finance and looking to make a significant impact in the industry, this role is perfect for you. Enjoy a collaborative work environment with continuous learning and development opportunities.

Benefits

Voice in the future of fintech

Always-on learning and development

Collaborative work environment

Opportunities to give back

Competitive salary and benefits

Qualifications

• 5-7 years of fund accounting experience, preferably with hedge funds.
• Strong knowledge of securities and investment company accounting.

Responsibilities

• Supervise client engagements and improve operational efficiencies.
• Review financial packages and assist with client onboarding.

Skills

Fund Accounting

Client Management

Financial Reporting

Microsoft Excel

Securities Knowledge

Education

Bachelor's degree in finance or accounting

Tools

Geneva

VPM

Investran

Job description

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

The Fund Administration team is a growing, fast-paced business unit responsible for maintaining the day-to-day accounting and administration of open and closed-end funds of our clients. The Senior Fund Accounting Supervisor is responsible for supervising several client engagements and working with internal stakeholders to improve operational efficiencies across the Virtus from FIS business.

• 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, as well as 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 proficiency 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 career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, 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