Alternative Investments Associate
About The Position
The Alternative Investments Associate supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. This role serves as a trusted advisor to clients by continually assessing changing business and strategies, and providing expertise, tools, and information to help focus on growing investments. The Associate acts as the escalation point for all clients assigned to the team, directing issue resolution and process changes to support client needs. They are expected to proactively identify risk-related issues through review of qualitative and quantitative data, anticipate obstacles, and implement mitigating solutions. Key responsibilities also include reviewing accounting and financial statement information for audit and tax reviews, documenting and setting up accounting principles for unusual investment types, and setting up/processing complex expense and 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
- 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
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
