Sr. Analyst, Alternative Investment Operations

Lincoln Financial•Radnor, PA

21h•Remote

About The Position

As the Senior Analyst, Alternative Investments Operations, you will own day-to-day and period-end operational oversight for the alternative investment asset class—including limited partnerships (LPs), hedge funds, and private equity. You will serve as the team’s subject matter expert (SME) for alternatives and lead manager fee review, invoice validation, and payment execution. You will partner with internal stakeholders and a third-party back-office partner to ensure accurate, timely accounting operations, reconciliations, reporting, and strong control execution. This is an individual contributor (IC) role with work-direction leadership responsibilities (serves as lead for one indirect report). You will own operational oversight including leading the relationship with our third party back-office partner for alternative investments.

Requirements

5 - 7+ Years experience public accounting, internal audit, control, risk or other activities with the specific responsibilities for this position.
Bachelor's degree or equivalent work experience.
Demonstrated experience with capital calls/distributions, capital statements and fund-related workflows, and fee calculations/accruals.
Ability to be innovative and an aptitude to drive and accept change
Strong analytical/reconciliation skills, attention to detail, and ability to manage competing deadlines.
Strong written and verbal communication skills with a track record of driving issues to resolution.

Nice To Haves

CPA or other relevant certification.
Exposure to multi-basis reporting environments (Statutory/GAAP/Management/Tax) and control-oriented processes.
Experience leading work through influence (e.g., reviewing others’ work, providing day-to-day guidance).
PAM for Investments, PeopleSoft, Business Objects; advanced Excel and comfort reconciling across multiple data sources.

Responsibilities

Own operational oversight including leading the relationship with our third party back-office partner for alternative investments (LPs, private equity, hedge funds) across the product life cycle, including establishing new positions, capital calls, distributions, and period-end close support; apply knowledge of accounting and reporting for alternative investments, and manager fee terms (management/performance fees) on a STAT/GAAP basis.
Execute and/or review reconciliations across the general ledger, subledger/data sources including capital statements and financial statements, and third-party vendor outputs; research, document, and resolve breaks and exceptions.
Lead the manager fee lifecycle, including invoice validation, accrual support (monthly/quarterly), payment coordination, and variance explanations.
Manage alternative investment financial statement and audited statement tracking, including follow-up on missing or late deliverables and coordination with stakeholders.
Drive suspense and exception resolution; improve timeliness/aging through root-cause analysis, clear documentation, and follow-through.
Collaborates across the organization with Investment Reporting, Treasury, Portfolio Management, Reinsurance, and Tax teams to ensure transactions are booked appropriately and communicated to all relevant parties.
Oversee and own design and execution of SOX controls including those performed by third-party back-office provider
Identify and implement process improvements (e.g., data/reporting enhancements, SOP updates, control strengthening) to improve accuracy and efficiency.