Service Delivery Center - EY Comply, Fund Administration, Accounting - Analyst

EY•Philadelphia, PA

1d•Hybrid

About The Position

At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team! As an Analyst, you will work in one of our Service Delivery Centers that is made up of high-performing US-based resources, who work closely with our experienced client serving professionals, to deliver project-based work and managed services to our US-based Financial Services clients. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team! You will play a key role in defining and reviewing how Private Equity (“PE”), Private Credit, and Real Estate Fund advisors meet regulatory, tax, and financial statement reporting requirements, using our new, proprietary EY-developed technology platform. EY’s Accounting and Administration platform brings investment risk, transactional, and holdings data into a single platform for workflow management, transparency, and accountability. Top-tier fund managers are using the EY platform to lower their reporting costs and streamline their fund accounting and fund financial reporting processes. Join our team and assist leading fund advisors to address their most complex reporting and technology challenges.

Requirements

A bachelor’s degree in business, accounting, economics, finance, or related discipline
Analytical skills, especially an understanding of accounting, transaction posting, and investment trial balance debits and credits, especially those related to the asset management industry
Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem-solving skills
An interest in financial products and services, especially PE funds
An interest in working in an environment which encourages continuous learning, development, and identification of opportunities for improvement of individual and team performance
A willingness to work in team-based, hybrid office environment
2 years of relevant work experience

Nice To Haves

Experience in financial statement reporting/analysis
Effective leadership, project management, and organizational skills
Experience with other software tools including Workiva for financial reporting, document management systems, workflow systems, and/or other relevant technologies

Responsibilities

Understand Private Equity investment operations and fund financial reporting concepts
Perform critical accounting activities, including recording capital calls, booking quarter-end valuations, and performing daily transaction processing
Drive high-quality work products within expected timeframes and budget
Assist with managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes
Stay current on business and industry trends relevant to our clients, including the latest private equity fund structures and investment record keeping standards

Benefits

Competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business
Medical and dental coverage
Pension plans
401(k) plans
Wide range of paid time off options
Flexible vacation policy (you’ll decide how much vacation time you need based on your own personal circumstances)
Time off for designated EY Paid Holidays
Winter/Summer breaks
Personal/Family Care
Other leaves of absence when needed to support your physical, financial, and emotional well-being
Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next
Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way
Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs
Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs
Comprehensive compensation and benefits package