Fund Accountant – Alternative Investment Funds

Job Description

Fund Accountant, Alternative Investment Funds | SEI

The Tone:
This is a full-time role at SEI, located in Oaks, PA, with a hybrid working environment. SEI is a leading global provider of investment processing, investment management, and investment operations solutions, serving as a technology and asset management company delivering brave futures. This entry-level Fund Accountant position is crucial for providing exceptional accounting and administration servicing for clients’ hedge and private equity funds, acting as the official record keeper and intermediary between funds and investment managers.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid, Oaks, PA

• Team: Investment Manager Services Division (IMS), Alternative Investment Funds accounting team
• Mission: To provide exceptional accounting and administration servicing for clients’ assigned hedge and private equity funds, acting as the official record keeper and intermediary.

What You’ll Actually Do
• Accounting & Reporting: Price and maintain timely records for hedge and private equity holdings using external pricing resources, perform Net Asset Value reconciliations, and provide accounting reports.
• Client Communication: Communicate fund transactions and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Audit & Compliance: Coordinate and support year-end audit engagements in accordance with GAAP accounting standards and perform due-diligence to ensure client compliance with government laws and regulations.
• Client Interaction: Correspond with external investment managers regarding day-to-day fund inquiries, including fee payments, cash position breaks, and reconciliations.
• Process Improvement: Identify processes across the division and organization, applying new concepts and systems to daily work assignments to find future solutions and grow your career.

The Must-Haves
• Background: Bachelor’s Degree in Accounting, Finance, Economics, Mathematics or equivalent work experience. Entry-level.
• Experience: Internship experience preferred; intermediate skills in Microsoft Excel.
• Skills: Self-motivation and drive to monitor multiple client deliverables without sacrificing excellence or quality, strong written and verbal communication skills, strong customer service skills.
• Bonus: Drive to broaden one’s knowledge of the financial services industry, collaboration with internal and external stakeholders, positivity and collegial approach, curiosity, critical thinking, attention to detail, and embodiment of SEI Values.