Assistant Fund Accounting Manager

Alter Domus - Morton Grove, IL

Full-time - Mid Level

Morton Grove, IL

1,001-5,000 employees

Administrative and Support Services

About the position

The Assistant Fund Accounting Manager at Alter Domus is responsible for overseeing a team of Associate Fund Accountants or Fund Accountants, ensuring compliance with industry standards, and managing the preparation and review of financial reports for clients and stakeholders. This role emphasizes leadership, mentorship, and the development of accounting and analytical skills while fostering communication with clients and investors.

Responsibilities

• Manage 1-2 Associate Fund Accountants or Fund Accountants with potential for growth.
• Supervise and mentor a team of Fund Accountants, training new employees and prioritizing their work.
• Administer, report, review, and understand industry standards.
• Respond to auditor queries and ensure compliance with internal audit procedures.
• Prepare/review monthly, quarterly, and annual reports for investors, consultants, and other stakeholders.
• Calculate and review various performance returns.
• Support and coordinate cash distributions on behalf of clients.
• Review, analyze, and interpret accounting records and financial statements for accuracy and completeness.
• Sign off as reviewer on SOC1 checklist and support SOC external audit requests.
• Develop leadership skills by leading projects and offering input.

Requirements

• Bachelor's degree in accounting or related field.
• 5+ years of professional experience in accounting, preferably with credit accounting experience.
• In-depth understanding of investments within assigned fund(s).
• Ability to manage 2 staff members with potential for growth.
• Strong communication and analytical skills.
• Ability to perform multiple projects and navigate unexpected challenges.

Benefits

• Support for professional accreditations such as ACCA and study leave.
• Flexible arrangements and generous holidays including birthday leave.
• Continuous mentoring along your career progression.
• Active sports, events, and social committees across offices.
• 24/7 support from the Employee Assistance Program for mental, physical, emotional, and financial needs.
• Opportunity to invest in the company's growth through the Employee Share Plan.