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

EY•Philadelphia, PA

1d•Hybrid

About The Position

At EY, we are committed to shaping your future with confidence, offering a globally connected environment with diverse teams to advance your career. EY is a leader in the global financial services marketplace, with a dedicated Financial Services Organization (FSO) business unit. This unit focuses on the financial services industry, working with clients across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. The goal is to foster a financial services industry where institutions are trusted, flourish, and the global economy is healthy and secure. As a Senior within one of EY's Service Delivery Centers, you will be part of high-performing US-based teams collaborating with experienced client-serving professionals. These teams deliver project-based work and managed services to US-based Financial Services clients. This role involves defining and reviewing how Private Equity (PE), Private Credit, and Real Estate Fund advisors meet regulatory, tax, and financial statement reporting requirements. This is achieved using EY's proprietary technology platform, which integrates investment risk, transactional, and holdings data for workflow management, transparency, and accountability. Top-tier fund managers utilize this platform to reduce reporting costs and streamline fund accounting and financial reporting processes. You will assist leading fund advisors in addressing their most complex reporting and technology challenges.

Requirements

A bachelor’s degree in business, accounting, economics, finance, or related discipline
Minimum of 3 years of work experience related to fund accounting, fund administration, fund controllership, and/or fund financial reporting
People management experience with leading project teams and managing direct reports within an organization
Experience related to investment books and records, fund valuation, capital calls and distributions, board reporting and production of audited financial statements
Analytical skills, especially an understanding of transaction posting, and investment trial balance debits and credits
Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem-solving skills
An understanding of financial products and services, in particular private equity 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 an office when production activities require but will have the flexibility to work remotely
A willingness to travel on an as-needed basis for client meetings

Nice To Haves

CPA
Experience operating accounting software such as Investran, Geneva, eFront, or other investment sub-ledger systems
Experience with other software tools including Workiva for financial reporting, document management systems, workflow systems, and/or other relevant technologies
Experience in fund financial reporting and analysis

Responsibilities

Understand the intricacies of PE and PE fund-of-funds investment operations and financial statement reporting
Perform critical accounting activities, including recording capital calls, booking quarter-end valuations, and performing daily transaction processing
Define new procedures and controls to enhance the overall operational risk process
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
Rewarded based on your performance
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 (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 leave
Other leaves of absence when needed to support your physical, financial, and emotional well-being
Continuous learning (develop the mindset and skills to navigate whatever comes next)
Tools and flexibility to make a meaningful impact, your way
Insights, coaching and confidence to be the leader the world needs
Diverse and inclusive culture (be embraced for who you are and empowered to use your voice)