Senior Associate, Fund Administration (Accounting)
Juniper SquareSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Investment FundsIndustries
Requirements
- 3+ years’ experience with fund accounting in Luxembourg, ideally with alternative investments (i.e. private debt/private equity/hedge funds/UCITs)
- In-depth knowledge and understanding of best practices (GAAP rules/IFRS principles) within the Investment (Financial) Services Industry, ideally within Luxembourg/EU
- Ability to independently manage multiple projects and deadlines to meet strict deadlines, prioritizing work and maximizing efficiencies to manage time
- Fluency in English language, with strong verbal and written communication skills
- PC proficiency, particularly with Microsoft Office Suite
Responsibilities
- Serve as a main daily contact for colleagues in Dublin & Oaks, in relation to a range of clients and their deliverables, ensuring employees adhere to company policies and procedures, in alignment with established service level agreements made in conjunction with accounting teams and external stakeholders
- Verify all established Fund Accounting processing procedures and controls are completed accurately, and in a timely manner
- Responsible for preparation of Fund’s NAV/entities accounts and ensure timely delivery
- Responsible for the preparation & review of expenses schedules, income calculations, capital activity calculations and fund fee calculations
- Ensure the established controls are maintained and followed during the NAV production cycle
- Serve as initial point of contact for clients on fund accounting matters pertaining to NAV
- Review, approve and provide comments, where applicable, on work performed by the Dublin & Oaks office, including calculation of monthly/quarterly revenue for assigned funds, expense monitoring & budget analysis, month-end/quarter-end valuation and reporting
- Ensure coverage of any/all activities managed by the team
- Respond to queries and information requests from clients and/or auditors within defined deadlines and with appropriate documentation
- Identify, document and resolve actual/potential issues
- Supervise, train, coach and mentor junior colleagues/new employees, develop and motivate staff within the Fund Accounting discipline
- Assist Authorized Management team with the development, implementation and maintenance of departmental procedures and documentation thereof; collaborate to ensure employees adhere to company policies and procedures
- Ensure a seamless operational transition for new and converted funds from implementation to production mode from the implementation/conversion team
- Further develop a comprehensive understanding of offshore and domestic fund accounting requirements for alternative and/or mutual funds
- Continually assess and generate ideas to innovate our operational service model, with a focus on quality, efficiency and continuous improvement
- Maintain a positive working relationship with external clients, as well as internal relationship managers and other functional teams and business units within SEI
- Attend and participate in regular team meetings
- Complete ad hoc projects, as needed
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the work arrangement for this position?
This position may be eligible for hybrid work within applicable tax limits for cross-border work, requiring in-office presence 3 or more days per week and up to 2 days per week from a home office.
Is travel required for this role?
This position may require occasional travel, predominantly within Europe.
What are the main responsibilities of the Fund Accountant Specialist?
The role involves serving as the main contact for colleagues in Dublin & Oaks offices, verifying fund accounting procedures, preparing NAV and accounts, reviewing expenses and calculations, ensuring controls during NAV production, responding to client queries, supervising junior staff, and assisting with procedures.
What salary or compensation does this position offer?
This information is not specified in the job description.
What experience or skills make a strong candidate for this role?
Strong candidates will have a comprehensive understanding of offshore and domestic fund accounting for alternative and/or mutual funds, experience reviewing operational tasks, client service skills, and the ability to supervise and train junior colleagues.
SEI
Business and technology management consulting firm
About SEI
SEI provides consulting services focused on business and technology management. The firm works with clients to implement customized solutions and manage critical projects, particularly in sectors like healthcare. SEI's consultants collaborate closely with clients to tackle urgent and complex challenges, ensuring that each solution is specifically designed to meet the client's needs. Unlike many competitors, SEI is employee-owned, which fosters a strong commitment to client success and service quality. The company's goal is to enhance organizational performance through effective technology use and strategic planning, while also expanding its presence in various locations, including a new office in Charlotte.
Cincinnati, OhioHeadquarters
1992Year Founded
$705.3KTotal Funding
EARLY_VCCompany Stage
Consulting, Enterprise SoftwareIndustries
501-1,000Employees