Fund Accountant

Job Description

Fund Accountant, Alternative Investment Funds | SEI

The Tone:
This is an entry-level, full-time role at SEI, a global provider of investment processing, investment management, and investment operations solutions. The company’s Investment Manager Services Division (IMS) is experiencing rapid growth, specifically within its Alternative Investment Funds accounting team. This position is vital for delivering exceptional accounting and administration services to clients, acting as an intermediary and the official record keeper for assigned hedge and private equity funds.

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

• Team: Investment Manager Services Division (IMS) Alternative Investment Funds accounting team
• Mission: Provide exceptional accounting and administration servicing for clients’ assigned hedge and private equity funds, serving as the official record keeper.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Accounting & Reporting: Price and maintain timely records for hedge and private equity holdings using various external pricing resources, perform Net Asset Value reconciliations, and provide accounting reports.
• Client Communication: Communicate fund transactions and collaborate with internal and external clients to deliver accurate and thorough accounting packages.
• Audit & Compliance: Coordinate and support various year-end audit engagements in accordance with GAAP accounting standards and perform due-diligence to ensure client compliance with government laws and regulations.
• External Interaction: Correspond with external investment managers regarding day-to-day fund inquiries, including fee payments, cash position breaks, and reconciliations.
• Professional Development: Attend and participate in IMS and corporate professional development sessions to acquire tools for identifying process improvements and advancing your career.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, Economics, Mathematics, or equivalent work experience; Entry-Level career.
• Experience: Internship experience is preferred.
• Skills: Intermediate skills in Microsoft Excel, strong written and verbal communication, strong customer service skills, and the self-motivation to monitor multiple client deliverables without sacrificing excellence or quality.
• Bonus: A drive to broaden one’s knowledge of the financial services industry, a collaborative approach with internal and external stakeholders, positivity in assisting colleagues and clients, curiosity, critical thinking, and attention to detail.