Job Details

Overview

Manager, Private Equity and Hedge Fund Accounting (REMOTE) SEI. The Investment Manager Services Division (IMS) at SEI is growing and seeks new members on our Private Equity & Hedge Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting andadministration services to our hedge and private equity fund customers. As a Fund Accounting Manager, you will be responsible for the accounting operations and resolution of accounting issues for clients.

What you will do

• As the main contact for clients, demonstrate expertise in offshore and domestic fund accounting and administration for alternative funds.
• Manage delegation of funds to your team, coordinate/onboard new fund setups, serve as a liaison between clients and internal teams, and work with all parties to provide accurate and thorough accounting packages.
• Act as record-keeper for funds; coordinate and support various year-end audit engagements in accordance with GAAP.
• Perform due diligence to ensure clients are in compliance with government laws and regulations.
• Adhere to Anti-Money Laundering policies and procedures when reviewing all fund transactions.
• Ensure your team complies with department rules and regulations designed to prevent illegal income activities.
• Generate and reconcile all accounting reporting, such as month-end valuation reports.
• Review and approve month-end valuations prior to distribution to clients and authorize wire payments from fund escrow accounts.
• Correspond with investment managers regarding day-to-day inquiries, including transactions, administration servicing planning and reporting of funds and financial statements. Maintain client engagement and a dedication to quality service.
• Collaborate with investment managers, transfer agents, and sales/service teams to resolve open issues; involve internal technology and vendor support as needed to resolve production or system issues.
• Conduct performance appraisals, monthly one-on-ones with supervisors and analysts, and provide career pathing and training.
• Assist with staffing requirements by assessing resource needs, interviewing candidates and hiring employees.
• Provide and champion a team environment, including individual development, promotions and disciplinary action.
• Support new business development and relationship teams for prospect calls, client visits and presentations.
• Facilitate onboarding of new and converted clients by gathering requirements, submitting custom requests, and communicating key deliverables to team members.
• Engage in IMS and corporate professional development sessions to identify processes across the division and organization.
• Opportunity to partner with a diverse team and grow your career.

What we need from you

• BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
• Minimum of 5 years experience in the fund services industry; alternatives experience required.
• Minimum of 2 years supervisory or management experience.
• Intermediate skills in Microsoft Excel.

What we would like from you

• Self-motivation, organization and drive to complete multiple client deliverables timely without sacrificing quality.
• Strong written and verbal communication skills; primarily support clients through email and/or phone calls.
• Strong customer service skills; daily communication with clients and service providers.
• Drive to broaden knowledge of the financial services industry by learning new concepts and applying them to daily work.
• Attention to detail to ensure deliverables meet high standards of quality and accuracy.
• Collaboration with internal and external stakeholders; flexibility to adapt to changing client needs.
• Positivity and a collegial approach in assisting colleagues and clients; ability to work in a team environment.
• Curiosity, critical thinking and attention to detail to identify solutions or implement more efficient processes.
• Embodies SEI Values of courage, integrity, collaboration, inclusion, connection and fun.

Compensation and location

The base salary range is $105,000 - $160,000 per year. This position is eligible for a discretionary annual bonus, subject to company approval.

Work location: Remote

Benefits and culture

SEI offers a wide range of benefits to support physical and mental well-being, retirement, education assistance, parental leave, PTO, and more. See company materials for details. SEI is committed to diversity and equal opportunity in employment.

Equal Opportunity

SEI is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

AI use in application process

SEI provides guidelines for the use of AI tools in the application and interview process.