Manager, Private Equity and Hedge Fund Accounting

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Act as the primary point of contact for clients regarding offshore and domestic alternative fund accounting and administration

• Oversee the delegation of funds to the team

• Facilitate the coordination and onboarding of new fund setups

• Serve as a liaison between clients and internal teams

• Deliver precise accounting packages

• Coordinate and assist in year-end audit engagements in compliance with GAAP accounting standards

• Conduct due diligence to ensure client adherence to laws and regulations

• Scrutinize fund transactions in line with Anti-Money Laundering policies and procedures

• Guarantee team compliance with departmental policies and regulations

• Create and reconcile accounting reports, including month-end valuation reports

• Review and authorize month-end valuations prior to client distribution

• Approve wire payments from fund escrow accounts

• Address inquiries from investment managers regarding transactions, administration, reporting, and financial statements

• Collaborate with investment managers, transfer agents, sales and service teams, technology support, and vendors to resolve issues

• Conduct performance reviews and monthly one-on-one meetings

• Provide career development guidance and training

• Evaluate resource needs, interview candidates, and hire new employees

• Advocate for team growth, promotions, and disciplinary measures

• Assist business development and relationship teams with prospect calls, client visits, and presentations

• Oversee the onboarding process for new and converted clients

• Collect client requirements and submit tailored requests

• Communicate essential deliverables to team members

• Engage in professional development activities and identify process enhancements

⛳️ Requirements

• BA / BS degree in Business, Accounting, Finance, Economics, Mathematics, or equivalent professional experience

• At least 5 years of experience in the fund services industry

• Experience in alternatives is mandatory

• Minimum of 2 years of supervisory or management experience

• Proficient in Microsoft Excel at an intermediate level

• Excellent written and verbal communication skills

• Strong customer service abilities

• Capacity to grasp new financial services concepts and systems

• Keen attention to detail and accuracy

• Ability to collaborate effectively with both internal and external stakeholders

• Adaptability to meet changing client needs

• Comfortable working in a team-oriented environment

• Possess curiosity and critical-thinking skills

• Ability to embody SEI values of courage, integrity, collaboration, inclusion, connection, and fun

🏝️ Benefits

• Comprehensive medical, dental, vision, prescription, wellness, EAP, and FSA healthcare benefits

• Life and disability insurance, with premiums covered for base coverage

• 401(k) match available

• Education assistance and tuition reimbursement options

• Commuter benefits provided

• Up to 11 paid holidays each year

• 21 days of PTO annually, pro-rated for new hires and increasing over time

• Paid parental leave offered

• Backup childcare arrangements available

• Paid volunteer days included

• Discounted stock purchase plan

• Investment options accessible

• Access to employee networks

• Flexible Paid Time Off (PTO) policy

• Eligibility for discretionary annual bonuses

• Opportunities for professional development sessions

• Remote work options available