Alternative Investments Supervisor

U.S. Bank National Association • Hackensack, NJ

11d • $104,550 - $123,000 • Onsite

About The Position

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. Prepare or review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement. Prepare or review management fee calculations and supporting schedules. Prepare or review work paper files for accuracy and completeness, including capital activity, income and expense accruals and investment activity.

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

• providing accounting, administration and investor servicing to investment companies and advisers
• continually assessing changing business and strategies
• 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
• Prepare or review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement
• Prepare or review management fee calculations and supporting schedules
• Prepare or review work paper files for accuracy and completeness, including capital activity, income and expense accruals and investment activity

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level