Manager, Alternative Investment Funds

$120,750 - $130,000/Yr

Sei Investments Company - Denver, CO

Full-time - Mid Level

Hybrid - Denver, CO

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Fund Accounting Manager at SEI's Investment Manager Services Division is responsible for overseeing accounting operations and resolving accounting issues for hedge and private equity fund clients. This role involves managing a team, ensuring compliance with regulations, and providing exceptional customer service while coordinating fund setups and audit engagements.

Responsibilities

• Serve as the main contact for clients, demonstrating expertise in offshore and domestic fund accounting.
• Manage delegation of funds to the team and coordinate onboarding of new fund setups.
• Liaise between clients and internal teams to provide accurate accounting packages.
• Coordinate and support year-end audit engagements in accordance with GAAP standards.
• Perform due diligence to ensure client compliance with government laws and regulations.
• Adhere to Anti-Money Laundering policies when reviewing fund transactions.
• Generate and reconcile all accounting reporting, including month-end valuation reports.
• Review and approve month-end valuations prior to client distribution, aiming for 100% accuracy.
• Authorize wire payments from fund escrow accounts.
• Correspond with investment managers regarding day-to-day inquiries and fund transactions.
• Conduct performance appraisals and provide career pathing and training for team members.
• Assess staffing requirements, interview candidates, and hire employees.
• Support new business development and relationship teams for client interactions.
• Facilitate onboarding of new clients by gathering requirements and communicating deliverables.

Requirements

• BA/BS in Business, Accounting, Finance, Economics, Mathematics, or equivalent professional experience.
• Minimum of 5 years' experience in the fund services industry, with alternatives experience required.
• Minimum of 2 years' supervisory or management experience.
• Intermediate skills in Microsoft Excel.

Nice-to-haves

• Self-motivation and organization to complete multiple client deliverables timely without sacrificing quality.
• Strong written and verbal communication skills for client support.
• Strong customer service skills for daily communication with clients and service providers.
• Drive to broaden knowledge of the financial services industry and apply new concepts.
• Attention to detail to ensure deliverables meet high standards 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.

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