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Assistant Manager, Fund Accounting - Private Equity/Hedge Funds (HYRBID)



Accounting & Finance
New York, NY, USA
Posted on Friday, July 5, 2024

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking Assistant Managers on our Alternative Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting and administration services to our hedge and private equity fund customers. As an Assistant Manager, you will be responsible for the accounting operations and resolution of accounting issues for clients.

What you will do:

  • Your skills in accounting will be used by pricing and maintaining timely records for hedge and private equity holdings using various external pricing resources.

  • You will perform timely reconciliations regarding Net Asset Values and provide accounting reports.

  • You are responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.

  • As the record keeper for the fund, you will be involved in the coordination and support of various year-end audit engagements in accordance with GAAP accounting standards.

  • We will need you to perform due-diligence to ensure clients are in compliance with government laws and regulations.

  • You will train and supervise the accounting analysts on systems, processing, procedures, and job responsibilities.

  • You will assist in leading a team environment that encourages self-motivation, organization and aim to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.

  • Your due diligence and attention to detail during the review process of the fund accountant analysts work will be key to your team’s success while aspiring for error free reconciliations and reporting.

  • You will correspond with external investment managers regarding day-to-day fund inquiries including reconciliations, coordinating scheduled deliverables, and critical issues.

  • Client engagement and a dedication to quality service is a must for success.

  • You will assist the manager with conducting performance appraisals, monthly one-on-ones with the team analysts and provide career pathing and training.

  • You will also ensure staffing requirements are met by participating in analyst interviews.

  • You will team with the manager to provide and cultivate a team environment to include individual development, promotions and disciplinary action.

  • We want you to succeed and look for future solutions! Through attending and participating in various IMS and corporate professional development sessions, you will acquire the tools to identify processes across the division and organization.

  • You will have the opportunity to partner with a team with varied strengths and grow your career.

What we need from you:

  • BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.

  • Minimum 4 years’ experience with Private Equity Fund Accounting / Fund Administration and 2 years’ supervisory experience

  • Intermediate skills in Microsoft Excel.

What we would like from you:

  • The self-motivation, organization and aim to complete multiple client results in a timely manner without sacrificing excellence or quality.

  • Strong written and verbal communication skills.

  • Strong customer service skills.

  • An aim to broaden one’s knowledge of our industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.

  • Attention-to-detail to ensure that all results consistently meet the highest standard of quality and accuracy.

  • Collaboration with internal and external collaborators.

  • Positivity and congenial approach in assisting both colleagues and clients and the ability to work in team environment.

  • Curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.

  • Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. https://www.seic.com/ (https://www.seic.com/)


The base salary pay for this role is $90,000 - $145,000 per year. This position will also be eligible to earn a discretionary bonus each year, subject to company approval.

SEI’s competitive advantage:

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.

Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more.

We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.

SEI is an Equal Opportunity Employer and so much more…

After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks.

SEI is an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.