Alternative Investments Associate
About The Position
This position supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. The role involves acting as a trusted advisor to clients, continually assessing changing business strategies, and offering expertise to support investment growth. The Associate serves as the escalation point for client issues, directing resolution and process changes. Key responsibilities also include proactively identifying and mitigating risk-related issues through data review, and overseeing accounting and financial statement information for audits and tax reviews, including the documentation of accounting principles for unusual investment types and the processing of complex expense and incentive fee calculations and reconciliation items.
Requirements
- Bachelor's degree in accounting, finance or related field, or equivalent experience
- 10 or more years of experience in alternative investments industry
Nice To Haves
- Working knowledge of Microsoft Office products
- Thorough knowledge of Advent applications
- Advanced 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
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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
