SVP - Fund Administration

Connect Search, LLC; Chicago (IL); Hybrid; USD 110,000 - 131,000; Full time

Job summary

Connect Search, LLC in Chicago offers a leadership role overseeing Fund Administration within a hybrid schedule (2 days onsite, 3 remote) on a contract-to-hire basis. The Senior Vice President of Fund Administration leads a team of about six specialists, ensuring GAAP compliant financial reporting and strong client service.

The ideal candidate has 10+ years in fund administration, a finance/accounting degree, and proven leadership in complex fund environments.

Qualifications

• 10+ years of specialized Fund Administration experience with fund accounting knowledge.
• Proven leadership supervising teams of six or more professionals.
• Bachelor's degree in Accounting, Finance, or related field is required.
• Strong understanding of fund accounting, financial reporting, internal controls, and compliance.
• Experience managing client relationships and multiple fund administration engagements.

Responsibilities

• Lead the Fund Administration department, providing supervision and development to a team of about six professionals.
• Oversee fund accounting operations, including monthly and quarterly financial reporting and investor reporting.
• Serve as primary client contact, maintaining strong relationships and delivering exceptional service.
• Review financial statements, fund accounting activity, reconciliations, distributions, and reporting deliverables for accuracy.
• Ensure GAAP, internal controls, regulatory compliance, and fund administration policies.
• Oversee onboarding and administration of new funds, including structures and reporting processes.
• Coordinate annual audits, tax reporting, and financial statement preparation with external firms.
• Collaborate with Treasury, Loan Servicing, and Corporate Accounting on cash activity and intercompany transactions.
• Identify process improvements, reporting efficiency, and technology solutions.
• Partner with senior leadership on operational initiatives and team development.

Skills

Fund Administration

Leadership

Excel

Client relationships

GAAP knowledge

Communication

Education

Bachelor's degree in Accounting, Finance, or related discipline

Tools

Entrilia

Job description

Chicago, IL | Hybrid (2 Days Onsite / 3 Remote) | Contract-to-Hire

Compensation: $80-95/hour and up to $200k upon conversion (base salary)

Location: Downtown Chicago, conveniently located near Ogilvie Transportation Center

Start Date: ASAP

About the Opportunity

Our client, a well-established investment management and fund administration organization in downtown Chicago is looking to add to the leadership team a Senior Vice President of Fund Administration for a contract-to-hire opportunity. This is a highly visible leadership position responsible for overseeing fund accounting operations, managing client relationships, ensuring accurate financial and investor reporting, and leading a team of fund accounting professionals.

The ideal candidate brings deep fund administration expertise, strong technical accounting knowledge, and a collaborative, hands-on leadership style. This organization offers an excellent company culture, a supportive team environment, and the opportunity to make a meaningful impact on departmental operations and client service.

Key Responsibilities

• Lead and oversee the Fund Administration department, providing direct supervision, mentorship, and development to a team of approximately six fund accounting professionals.
• Manage fund accounting operations, including monthly and quarterly financial reporting, investor reporting, compliance, and client deliverables.
• Serve as the primary point of contact for assigned fund administration clients, maintaining strong relationships and ensuring exceptional service delivery.
• Review financial statements, fund accounting activity, reconciliations, distributions, and other reporting deliverables for accuracy and compliance.
• Ensure adherence to GAAP, internal controls, regulatory requirements, and established fund administration policies.
• Oversee the onboarding and administration of new investment funds, including fund structures, accounting requirements, and reporting processes.
• Coordinate annual audits, tax reporting, and financial statement preparation with external accounting firms.
• Collaborate with Treasury, Loan Servicing, and Corporate Accounting teams to oversee cash activity, distributions, fees, and intercompany transactions.
• Identify opportunities to improve accounting processes, reporting efficiency, internal controls, and technology solutions.
• Partner with senior leadership on operational initiatives, team development, and strategic improvements.

Required Qualifications

• 10+ years of specialized Fund Administration experience, including extensive fund accounting knowledge.
• Proven leadership experience supervising and developing teams of six or more accounting professionals.
• Bachelor's degree in Accounting, Finance, or a related discipline required.
• Strong understanding of fund accounting, financial reporting, internal controls, and compliance requirements.
• Experience managing client relationships and overseeing multiple fund administration engagements.
• Proficiency in Microsoft Excel and Microsoft Office applications.
• Excellent communication, organizational, and interpersonal skills.
• Demonstrated ability to manage competing priorities in a fast-paced, deadline-driven environment.
• Stable professional background with an interest in a long-term leadership opportunity.
• Collaborative, approachable leadership style with a proactive, solutions-oriented mindset.

Preferred Qualifications

• Experience with Entrilia or similar fund administration platforms.
• Background in private credit, loan funds, or loan accounting.
• Understanding of amortizing loans, loan servicing, fee tracking, and fund distributions.
• Experience improving fund accounting processes through technology, automation, or operational enhancements.

Why Consider This Opportunity?

• Leadership Impact: Direct oversight of an established fund accounting team with opportunities to improve departmental processes.
• Collaborative Culture: Join a close-knit Chicago office of approximately 25 professionals.
• Long-Term Opportunity: Contract-to-hire position with the potential to transition into a permanent senior leadership role.
• Convenient Location: Downtown Chicago office within walking distance of Ogilvie Transportation Center.