[Hiring] Manager, Private Equity and Hedge Fund Accounting @SEI

Role Description

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Private Equity & Hedge Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting and administration 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.

• Demonstrate expertise in offshore and domestic fund accounting and administration for alternative funds.
• Manage the delegation of funds to your team and coordinate/onboard new fund setups.
• Serve as a liaison between clients and internal teams.
• Provide accurate and thorough accounting packages.
• Coordinate and support various year-end audit engagements in accordance with GAAP accounting standards.
• 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 team compliance with department rules and regulations designed to prevent illegal income generation.
• Generate and reconcile all accounting reporting, such as month-end valuation reports.
• Review and approve month-end valuations prior to distribution to clients with a goal of 100% accuracy.
• Authorize wire payments from fund’s escrow accounts.
• Correspond with investment managers regarding day-to-day inquiries, including transaction questions and administration servicing planning.
• Connect with investment managers, transfer agents, and sales/service teams to resolve open issues and questions.
• Conduct performance appraisals and monthly one-on-ones with supervisors and analysts.
• Assess resource requirements, interview candidates, and hire employees.
• 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 the onboarding of new and converted clients by gathering client requirements and communicating key deliverables.
• Participate in various IMS and corporate professional development sessions to identify processes across the division and organization.
• Partner with a diverse team and grow your career.

Qualifications

• 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.

Requirements

• Self-motivation, organization, and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills for client support through email and/or phone calls.
• Strong customer service skills for daily communication with clients and other service providers.
• Drive to broaden knowledge of the financial services industry by learning new concepts and systems.
• Attention to detail to ensure all deliverables meet the highest standard of quality and accuracy.
• Collaboration with internal and external stakeholders.
• Flexibility to adapt to changing client needs.
• Positivity and collegial approach in assisting colleagues and clients.
• Curiosity, critical thinking, and attention to detail for problem-solving and process improvement.
• Embody SEI Values of courage, integrity, collaboration, inclusion, connection, and fun.

Benefits

• Healthcare (medical, dental, vision, prescription, wellness, EAP, FSA).
• Life and disability insurance (premiums paid for base coverage).
• 401(k) match.
• Education assistance.
• Commuter benefits.
• Up to 11 paid holidays/year.
• 21 days PTO/year pro-rated for new hires, increasing over time.
• Paid parental leave.
• Back-up childcare arrangements.
• Paid volunteer days.
• Discounted stock purchase plan.
• Investment options.
• Access to thriving employee networks.