Funds US Senior Manager
About the position Provide mentorship and leadership to team members, ensure team training and career development; Serve as lead contact for client and their investors, auditors, and other parties; Manage and oversight the production of of financial statements and supporting schedules, including, but not limited to, journal entries, trial balances, and capital activities; Review investor allocations, ad-hoc communications with investors, workpapers and unaudited financial statements, partners’ capital statements, and all reports for both limited and general partners; Perform review of IRR’s and returns and discussing results; Analyze management fees, incentive fee, and waterfall calculations; Ensure fund/account compliance with client agreement(s); Manage client expectations and communicate deliverables clearly and timely; Assist with open items list / auditor communications, 1099 form preparation, and onboarding process for both new clients and new funds; Review and assist in spearheading ongoing Credit Fund automation project; Communicate with senior team members on the status of reports and projects; Monitor and create fund/account efficiencies and ensure implementation of improvements; Work with senior team members on special requests from clients; Assist with the development of policies and procedures.
Responsibilities
- Provide mentorship and leadership to team members, ensure team training and career development
- Serve as lead contact for client and their investors, auditors, and other parties
- Manage and oversight the production of of financial statements and supporting schedules, including, but not limited to, journal entries, trial balances, and capital activities
- Review investor allocations, ad-hoc communications with investors, workpapers and unaudited financial statements, partners’ capital statements, and all reports for both limited and general partners
- Perform review of IRR’s and returns and discussing results
- Analyze management fees, incentive fee, and waterfall calculations
- Ensure fund/account compliance with client agreement(s)
- Manage client expectations and communicate deliverables clearly and timely
- Assist with open items list / auditor communications, 1099 form preparation, and onboarding process for both new clients and new funds
- Review and assist in spearheading ongoing Credit Fund automation project
- Communicate with senior team members on the status of reports and projects
- Monitor and create fund/account efficiencies and ensure implementation of improvements
- Work with senior team members on special requests from clients
- Assist with the development of policies and procedures
Requirements
- 7+ years of professional experience
- Bachelor’s degree in Accounting, Finance or similar
- Expertise in Credit Fund Accounting and Bank Loan Markets operations
- In depth understanding of private credit and structured product investments
- Experience preparing journal entries and other fund accounting process (e.g. cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, partner allocation, and carried interest)
- Deep knowledge of Fund Accounting technology platforms
- Advanced Microsoft Excel skills, including advanced formulas and pivot tables
- Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures
- Ability to quickly learn and understand Alter Domus’ accounting systems and corresponding reporting
- Skilled at proactively identifying issues and recommend long-term solutions
- Capacity to multitask, working on multiple client and/or fund deadlines
- Effective communicator with clients
- Capable of working both independently and on a team
- Excellent attention to detail and analytical skills
Nice-to-haves
- Experience managing a team is a plus
Benefits
- Support for professional accreditations
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
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