Alternative Investments Associate

U.S. Bank•Edison, NJ

1d•Hybrid

About The Position

This position supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. The Associate serves as a trusted advisor to clients, continually assessing changing business strategies and offering expertise, tools, and information to foster investment growth. Key responsibilities include acting as the escalation point for client issues, directing resolution, and implementing process changes to meet client needs. The role also involves proactively identifying and mitigating risk-related issues through data review, and reviewing accounting and financial statement information for audit and tax purposes, documenting accounting principles for unusual investment types, and managing complex expense, incentive fee calculations, and reconciliation items.

Requirements

Bachelor's degree in accounting, finance or related field, or equivalent experience
Five or more years of experience in alternative investments industry

Nice To Haves

Working knowledge of Microsoft Office products
Basic knowledge of Advent applications preferred
General knowledge and understanding of portfolio accounting and the investment management industry
Excellent verbal and written communication skills
Proven team-oriented, leadership and organizational skills
CPA or CFA certification preferred

Responsibilities

Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers.
Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments.
Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs.
Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.
Reviews the accounting and financial statement information provided for audit and tax reviews, documentation and set-up of the accounting principles for unusual investment types, and set-up/processing of complex expense and incentive fee calculations and reconciliation items.

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
Pension