[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 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 fund transactions and financial statements.
• Connect with investment managers, transfer agents, and sales/service teams to resolve open issues.
• 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 requirements and communicating key deliverables.
• Participate in IMS and corporate professional development sessions to identify processes across the division.
• 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 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.

Company Description

SEI is a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth.