Fund Accounting & Operations Assistant Manager
About The Position
Supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. Serves as a trusted advisor to clients by assessing changes in their businesses and strategies and providing expertise, tools, and information to help them grow investments. Acts as the escalation point for assigned clients and directs issue resolution and process changes to support client needs. Identifies risk-related issues by reviewing qualitative and quantitative data, anticipates obstacles, and implements mitigating solutions. Reviews accounting and financial statement information provided for audit and tax reviews; documentation and setup of accounting principles for unusual investment types; and setup and processing of complex expense and incentive fee calculations and reconciliation items. The role requires working from a U.S. Bank location three or more days per week.
Requirements
- Bachelor's degree in accounting, finance, or a related field, or equivalent experience.
- Five or more years of experience in the 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 preferred.
Responsibilities
- Supervise a team of administrators providing accounting, administration, and investor servicing to investment companies and advisers.
- Advise clients by assessing changes in their businesses and strategies and providing expertise, tools, and information to support investment growth.
- Serve as the escalation point for assigned clients and direct issue resolution and process changes.
- Identify risk-related issues through qualitative and quantitative data review, anticipate obstacles, and implement mitigating solutions.
- Review accounting and financial statement information for audit and tax reviews.
- Review documentation and setup of accounting principles for unusual investment types.
- Review setup and processing of complex expense and incentive fee calculations and reconciliation items.
Benefits
- Healthcare, including medical, dental, and vision coverage.
- Basic term and optional term life insurance.
- Short-term and long-term disability coverage.
- 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
