Operations Client Service, Assistant Vice President
About The Position
The Assistant Vice President (AVP) in Operations Client Service will be responsible for maintaining direct client relationships and overseeing the day-to-day accounting and administration for several client-sponsored investment funds. This role is crucial for the organization's success, as the team helps institutional investors manage risk, respond to challenges, and drive performance. The AVP will contribute to cutting-edge, straightforward, and scalable solutions, helping to build resilience and execute daily deliverables effectively. This position offers an opportunity to make a significant impact in the financial services industry from the outset.
Requirements
- Good accounting knowledge of alternative investments
- Ability to interact at various levels of management at very large clients and communicate answers back to their questions
- Ability to manage the day to day operations of a team of 5-10 staff members
- Organized and multitask
- Able to think independently
- 5-7 Years of Accounting experience
- 5-7 Years of Alternative Investment experience
- 5-7 Years of Managing a team
- MCH and Excel knowledge
Responsibilities
- Supervise all junior and senior level staff analysts
- Manage client relationships with both client personnel and fund investors
- Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partnership capital allocations
- Review quarterly and annual financial statements and footnotes
- Review and/or preparation of capital calls and distributions, including notices and release merged documents
- Review quarterly management fee calculations
- Review and/or preparation of various client related correspondence
- Work with internal teams regarding client deliverables such as financial statements, capital calls and distribution notices
- Heavy client interaction on a daily basis
- Coordination of annual audit and tax return preparation with Big 4 accounting firms
- Review and/or preparation of waterfall and capital account allocations
- Understand how to navigate through limited partnership agreement
- Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
- Ensure compliance with investment fund legal documents, i.e. partnership agreement
- Assist accounting managers to ensure compliance with investment fund agreements and other legal documents
- Special client projects
- Manage internal workflow and client deadlines
Benefits
- retirement savings plan (401K) with company match
- insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- paid-time off including vacation, sick leave, short term disability, and family care responsibilities
- access to our Employee Assistance Program
- incentive compensation including eligibility for annual performance-based awards
- eligibility for certain tax advantaged savings plans
- inclusive development opportunities
- flexible work-life support
- paid volunteer days
- vibrant employee networks
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
