VP – Retail Alternatives Fund Accounting

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

📋 Description

• Provide strategic direction and oversight to the Fund Accounting Department that supports retail alternative products, including interval funds, tender offer funds, and BDCs.

• Supervise the launch of new funds, fund mergers, fund conversions, and changes in advisors/sub-advisors.

• Execute daily review processes in the absence of Senior Associates and Managers.

• Manage accounting activities related to retail alternatives fund accounting.

• Guide the training and development of essential concepts associated with retail alternative funds.

• Foster continuous improvement initiatives within the operating model.

• Offer advice to executives and management regarding people management, goal setting, policy formulation, and strategic implementation.

• Engage in the development and execution of the annual Strategic Plan and communicate it to the department.

• Participate in daily, monthly, and quarterly executive management meetings concerning departmental issues.

• Implement initiatives that align with business objectives.

• Ensure that the department has adequate resources for timely and comprehensive reporting to clients and NASDAQ.

• Collaborate with the SVP and Executive team to establish long-term goals, strategies, plans, and policies.

• Identify opportunities for efficiency enhancements and propose fund allocations and process modifications.

• Examine compliance with regulatory restrictions and recommend changes to accounting procedures.

• Coordinate departmental disaster recovery efforts.

• Assist with independent SOC1 audits through research, documentation, responses, and team coordination.

• Review operational controls for adequacy, compliance, and data integrity.

• Oversee associates, including hiring, training, development, delegation, performance evaluations, salary suggestions, coaching, counseling, and corrective actions.

• Conduct regular one-on-one and team meetings.

• Set team and individual departmental goals and hold associates accountable for their performance.

• Disseminate company information and procedural updates to associates.

• Mentor associates through instruction, coaching, on-the-job experience, and guidance.

• Manage client inquiries and coordinate calls for new fund setups.

• Liaise with fund administration, transfer agency, and fund custodians regarding fund accounting activities.

• Perform additional duties as required and assigned.

⛳️ Requirements

• Bachelor's degree in Finance, Accounting, or a related field.

• Proven experience in fund accounting or a similar role.

• Strong knowledge of regulatory requirements and compliance issues related to fund accounting.

• Excellent leadership and management skills.

• Strong analytical and problem-solving abilities.

• Exceptional communication and interpersonal skills.

• Ability to manage multiple projects and deadlines effectively.

• Proficiency in accounting software and Microsoft Office Suite.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Opportunities for professional development and advancement.

• Flexible work arrangements and paid time off.