Fund Accountant

Job Description

Fund Accountant, Alternative Investment Funds | SEI

The Tone:
This is a full-time role at SEI, located in-person. SEI is a technology and asset management company delivering investment processing, investment management, and investment operations solutions for over 50 years. As a Fund Accountant, you will serve as the official record keeper for assigned hedge and private equity funds, acting as an intermediary between funds and their investment managers. Your role is crucial in providing exceptional accounting and administration servicing for SEI’s clients in the rapidly growing Investment Manager Services (IMS) Division.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person
• Pay: $68950–$83000 yearly
• Team: Alternative Investment Funds accounting team
• Mission: Deliver exceptional accounting and administration services as the official record keeper for clients’ hedge and private equity funds.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Fund Accounting: Price and maintain timely records for hedge and private equity holdings using various external pricing resources, performing timely Net Asset Value reconciliations and providing accounting reports.
• Client Reporting: Communicate the transactions associated with assigned fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Audit & Compliance: Coordinate and support various year-end audit engagements in accordance with GAAP accounting standards, performing due-diligence to ensure clients comply with government laws and regulations.
• Client Communication: Correspond with external investment managers regarding day-to-day fund inquiries, including fee payments, cash position breaks, and reconciliations, prioritizing quality service.
• Process Improvement: Attend professional development sessions to acquire tools for identifying processes across the division and organization, seizing opportunities to partner with a diverse team and grow your career.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, Economics, Mathematics, or equivalent work experience; Entry-Level career experience.
• Experience: Preferred internship experience.
• Skills: Intermediate Microsoft Excel skills, strong written and verbal communication, and strong customer service skills to support clients via email and phone.
• Bonus: A drive to broaden one’s knowledge of the financial services industry, a collaborative approach with internal and external stakeholders, a positive and collegial attitude, curiosity, critical thinking, and attention to detail.