Supervisor, Alternative Investment Funds

Russell Tobin; Oaks (PA); Hybrid; USD 75,000 - 80,000; Full time

Job summary

Russell Tobin is seeking a Supervisor, Alternative Investment Funds in Oaks, PA, with hybrid work options and potential for remote arrangements. This role leads fund accounting for hedge funds and private equity funds, ensuring accurate records and timely client deliverables.

The ideal candidate has 2+ years in fund services, strong NAV calculation and reporting experience, and excellent communication skills to coordinate with managers and internal teams.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics, or related field.
• Minimum 2 years of experience in the fund services industry.
• Experience with fund accounting, reconciliations, NAV calculations, and financial reporting.
• Excellent written and verbal communication skills.
• Ability to manage multiple client deliverables and competing priorities while maintaining accuracy.
• Previous experience training, reviewing, or supervising junior team members is preferred.

Responsibilities

• Oversee fund accounting activities for alternative investment funds, including hedge funds and private equity funds.
• Maintain accurate and timely accounting records for fund holdings using various external pricing resources.
• Perform NAV and other account reconciliations and prepare accurate accounting reports and client deliverables.
• Coordinate with internal teams and external investment managers regarding fund transactions, reconciliations, deliverables, and day-to-day inquiries.
• Support year-end audit engagements and ensure fund records comply with applicable accounting standards and regulatory requirements.
• Review the work of fund accounting analysts to ensure accuracy, quality, and timely completion of deliverables.
• Train and supervise accounting analysts on systems, processes, procedures, and job responsibilities.
• Assist with monthly one-on-ones, performance reviews, career development, and team training.
• Participate in the interviewing and onboarding of new team members.
• Identify opportunities to improve processes, procedures, and overall team efficiency.
• Provide a high level of client service while managing multiple priorities and deadlines.

Skills

Communication skills

Attention to detail

Client service

Team leadership

Education

Bachelor's degree in Accounting or related field

Job description

Job Title: Supervisor, Alternative Investment Funds

Location: Hybrid (Potential for Remote)

Compensation: $75,000–$80,000 base + $5,000 incentive compensation

Job Description

Our client, a leading financial services and investment operations company, is looking to hire a Supervisor, Alternative Investment Funds in Oaks, PA.

Responsibilities:

• Oversee fund accounting activities for alternative investment funds, including hedge funds and private equity funds.
• Maintain accurate and timely accounting records for fund holdings using various external pricing resources.
• Perform NAV and other account reconciliations and prepare accurate accounting reports and client deliverables.
• Coordinate with internal teams and external investment managers regarding fund transactions, reconciliations, deliverables, and day-to-day inquiries.
• Support year-end audit engagements and ensure fund records comply with applicable accounting standards and regulatory requirements.
• Review the work of fund accounting analysts to ensure accuracy, quality, and timely completion of deliverables.
• Train and supervise accounting analysts on systems, processes, procedures, and job responsibilities.
• Assist with monthly one-on-ones, performance reviews, career development, and team training.
• Participate in the interviewing and onboarding of new team members.
• Identify opportunities to improve processes, procedures, and overall team efficiency.
• Provide a high level of client service while managing multiple priorities and deadlines.

Requirements:

• Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics, or a related field; equivalent professional experience may be considered.
• Minimum 2 years of experience in the fund services industry, with alternative investment experience preferred.
• Experience with fund accounting, reconciliations, NAV calculations, and financial reporting.
• Excellent written and verbal communication skills.
• Strong attention to detail and organizational skills.
• Ability to manage multiple client deliverables and competing priorities while maintaining accuracy.
• Previous experience training, reviewing, or supervising junior team members is preferred.
• Strong client service and relationship management skills.
• Ability to work effectively in a collaborative, team-oriented environment.

Russell Tobin offers eligible employees comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance, and hospital indemnity), 401(k) retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance, and employee discounts with preferred vendors

Russell Tobin is an equal opportunity employer. We do not discriminate based on the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.

Russell Tobin is a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including the California Fair Chance Act and all applicable local Fair Chance ordinances.

Accommodations

We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.

Only applicable for San Francisco Candidates:

Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.