Fund Accountant Specialist at SEI

Luxembourg, Luxembourg, Luxembourg

Apply Now

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

Fund Accounting

NAV Calculation

Financial Reporting

Expense Schedules

Income Calculations

Capital Activity

Fee Calculations

Client Servicing

Process Controls

Revenue Calculation

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

Benefits

Flexible Work Hours

Remote Work Options

Risks

Increased competition from AI-adopting firms challenges SEI's market position.

Economic uncertainties may reduce budgets for consulting services, impacting SEI's revenue.

Rapid technological changes require continuous adaptation, straining SEI's resources.

Differentiation

SEI is employee-owned, enhancing commitment and service quality.

SEI offers tailored solutions, ensuring client-specific business and technology strategies.

SEI has a strong presence in multiple locations, including a new Charlotte office.

Upsides

SEI benefits from increased demand for digital transformation consulting post-pandemic.

Growing interest in employee-owned models boosts SEI's employee engagement and retention.

SEI's partnership with Canoe enhances its alternative investment data management capabilities.

Land your dream remote job 3x faster with AI

Try Jobo Free