Fund Accountant

Job Description

Fund Accountant, Investment Fund Services | SEI

The Tone:
This is an entry-level position at SEI, located in Oaks, PA. SEI is a global technology and asset management company delivering investment processing, investment management, and investment operations solutions. As a Fund Accountant in the Investment Manager Services Division, you will play a crucial role in providing exceptional accounting and administration servicing for clients’ mutual funds, CITs, ETFs, and other pooled vehicles by acting as the official record keeper and intermediary.

The TL;DR
• Role: Early Career
• Location: In-person Oaks, PA
• Team: Investment Fund Services accounting team within the Investment Manager Services Division (IMS)
• Mission: To provide exceptional accounting and administration servicing for clients’ assigned mutual funds, CITs, ETFs, and other pooled vehicles by acting as the official record keeper.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Calculate daily financials: Calculate the funds’ daily investable cash, expenses, and income, and report the funds’ daily Net Asset Values (NAV’s).
• Manage shareholder activity: Process shareholders’ activity and perform timely reconciliations to the fund’s transfer agent.
• Support audits and inquiries: Support various year-end audit engagements in accordance with GAAP accounting standards and correspond with external investment managers regarding day-to-day fund inquiries.
• Deliver accounting packages: Communicate transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Identify process solutions: Attend professional development sessions to identify processes across the division and organization and collaborate on future solutions.

The Must-Haves
• Background: Bachelor’s Degree in Accounting, Finance, Economics, Mathematics, or equivalent experience. Career level: Entry-Level.
• Experience: Internship experience preferred.
• Skills: Intermediate Microsoft Excel skills, strong written and verbal communication skills, and strong customer service skills.
• Bonus: An aim to broaden knowledge of the financial services industry, attention-to-detail, a collaborative approach, positivity, curiosity, critical thinking, and alignment with SEI Values.