Manager, Alternative Investment Funds

Position Description SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. The Private Equity Manager in the alternative investment fund department is responsible for the successful and accurate completion of the accounting, administrative and investor servicing requirements for various alternative products and structures for assigned funds. This individual must also strictly adhere to established departmental policies and procedures required to service alternative funds. The responsibilities for this position may include some or all of the following: Serve as main client operational contact for a range of clients Maintain a good working relationship with external clients, audit firms, vendors, internal relationship managers and other internal departments. Weekly and monthly review and sign off of cash, currency, position and investor capital reconciliations Train and manage staff accountants and supervisors on systems, processing, procedures and job responsibilities Utilize and interpret the legal documentation for private equity funds as it applies to maintaining partner capital accounts; including the allocation of capital activity, income, multiple closings, management fee and carried interest calculations, etc. Review performance measures on partner, partnership basis, and partnership-portfolio basis for reporting purposes Review closing interest, management fee and carried interest calculations Review and approve quarterly valuation prior to distribution to client with 100% accuracy Review of monthly revenue package for assigned funds Responsible for accuracy of year end financials and facilitate in the audit process Resolve problems and errors on a timely basis (with documentation) Support department leader/director with continuous improvement initiatives and ongoing establishment and maintenance of procedures as needed Assess new business and hiring needs Stay abreast of current industry developments Idea generation and ongoing assessment and improvement of operational service model Coordinate human resource functions including hiring and periodic employee performance appraisals Position Requirements BS/BA degree in business, finance or related field, or the equivalent in education and work experience Minimum of 5 years' experience in financial services operations. Hedge fund/Private Equity experience a plus Minimum of 2 years' supervisory or management experience Strong knowledge of trade processing and accounting for equities, fixed income and derivative instruments Strong problem solving skills Strong organizational skills Team player Detail oriented Flexible Ability to adapt to various product deliverables Ability to work under pressure Excellent interpersonal and customer service skills Strong oral and written communication skills Knowledge and expertise of the Sungard Invest1 system desired Regular and reliable attendance in accordance with position, business and/or client needs P26955
Salary Range: NA
Minimum Qualification
5 - 7 years

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