Fund Accounting Manager, Private Equity / Hedge Funds (Boston Based)

SEI•Boston, MA

2d•$105,000 - $160,000•Hybrid

About The Position

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking Managers on our Private Equity Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting and administration services to our private equity fund customers. As a Manager, you will be responsible for the accounting operations and resolution of accounting issues for clients.

Requirements

BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
Minimum 5 years’ experience with Private Equity Fund Accounting / Fund Administration.
Minimum of 2 years’ supervisor or manager level experience.
Intermediate skills in Microsoft Excel.

Nice To Haves

Self-motivation, organization and aim to complete multiple client results in a timely manner without sacrificing excellence or quality.
Strong written and verbal communication skills.
Strong customer service skills.
Aim to broaden one’s knowledge of the industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.
Attention-to-detail to ensure that all results consistently meet the highest standard of quality and accuracy.
Collaboration with internal and external partners.
Flexibility to change with client needs.
Positivity and congenial approach in assisting both colleagues and clients and the ability to work in a team environment.
Curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.
Someone who will embody SEI Values of courage, integrity, collaboration, inclusion, connection and fun.

Responsibilities

Serve as the main contact for clients, demonstrating expertise in offshore and domestic fund accounting and administration for alternative funds.
Lead the delegation of funds, coordinate/onboard new fund set ups, serve as a liaison between clients and internal teams, and work closely with all parties to provide accurate and thorough accounting packages.
Coordinate and support year-end audit engagements in accordance with GAAP accounting standards.
Perform due-diligence to ensure clients are in compliance with government laws and regulations.
Implement Anti-Money Laundering policies and procedures when reviewing all fund transactions.
Ensure team is following department's rules and regulations designed to stop the practice of generating income through illegal actions.
Generate and reconcile all accounting reporting, such as month-end valuation reports.
Review and approve month-end valuations prior to distribution to client with a goal of 100% accuracy.
Authorize wire payments from fund’s escrow accounts.
Correspond with customers regarding day-to-day inquiries, including questions on transactions associated with the fund(s), administration servicing planning and reporting of funds and financial documents.
Connect with investment managers, transfer agents, and sales and service teams to resolve open issues and questions, getting in touch with internal technology support and vendor support when vital to resolve any production issues or system support queries.
Conduct performance appraisals, monthly one-on-ones with supervisors and analysts and provide career pathing and training.
Ensure staffing requirements are met by assessing resource requirements, interviewing candidates and hiring employees.
Provide and champion a team environment to include individual development, promotions and disciplinary action.
Support new business development and relationship teams for prospect calls, client visits and presentations.
Facilitate the on-boarding of new and converted clients by collecting client requirements, submitting any custom requests and communicating key results to team members.
Identify processes across the division and organization through attending and participating in various IMS and corporate professional development sessions.
Partner with a team with varied strengths and grow your career.