Financial Administrator I, Retail Alternatives

This is a fully remote position, open to applicants in Colorado, +5 more states.

📋 Description

• Prepare intricate financial statements and associated reports for fund securities, encompassing Forms N-Q, 10-K, 10-Q, N-23C-2, NSAR, N-CSR, N-CEN, N-PX, and 24f-2.

• Compile quarterly reporting materials for the Board of Directors.

• Prepare and verify client accounts, financial statements, audit deliverables, accruals, tax packages, and investor reporting.

• Analyze and reconcile investment activities and financial data, including cash, expenses, income, gains, and withholding.

• Monitor fund performance and disseminate performance information to clients.

• Provide training and support to junior associates and conduct preliminary reviews.

• Prepare and manage fund budgets, including advisor reimbursements and waivers.

• Calculate monthly management fees and secure necessary approvals.

• Process fund expenses, including management and 12b-1 fees.

• Ensure SEC filings and related disclosures adhere to relevant accounting standards.

• Maintain documentation of policies and procedures in line with authoritative accounting guidance.

• Act as a first-level escalation point and address issues as they arise.

• Engage with rating agencies by releasing portfolio holdings, completing surveys, and supplying fund information.

• Maintain daily communication with the Financial Administration team regarding financial statements, reports, and compliance.

• Perform additional duties as required and assigned.

⛳️ Requirements

• Bachelor’s degree in accounting, finance, economics, business, or a related field.

• Over 3 years of experience in fund accounting or fund administration.

• Equivalent education and experience will also be considered.

• Familiarity with financial reporting and performance systems.

• Knowledge of retail alternative investment products, including interval funds, tender offer funds, BDCs, REITs, and 34 Act private funds.

• Understanding of stocks, bonds, options, foreign securities, and derivatives.

• Proficient in Microsoft Office Suite.

• Proficient in Adobe Acrobat.

• Creative and critical thinking abilities for effective troubleshooting.

• Strong multitasking, analytical, and organizational skills.

• Strong dedication to quality, efficiency, and effectiveness.

• Ability to articulate ideas and information clearly and concisely, both in writing and verbally.

• Capacity to build effective working relationships with associates and clients.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Opportunities for professional development and advancement.

• Generous paid time off and holiday schedule.