Chicago, United States; Boston, United States
Hybrid
Job ID:
14360
Date posted:
August 13 2024
Category:
Funds Services
Job Level:
Senior Officer
Fund Administration Services
This is fund accounting and administration at its finest. Where we pair end-to-end expertise with a full spectrum of integrated solutions to exceed our clients’ needs. Here, we advance what’s possible. And give you every opportunity to advance yourself in this fast-moving data-led area.
Successful Profile
What makes a successful member of our team? Check out these top traits we're looking for and see if you have the right mix.
- Analytical
- Communicator
- Detail-oriented
- Motivational
- Problem-solver
- Team player
Culture
Our culture is unlike anywhere else. We are proud of what we have built so far – even as we continue to push our boundaries, to ensure our success in the future. Our environment is powered by a unique set of values and one deliberate mission. To perform, together. By harnessing technology and the collective intelligence of our people, we make the investment management process run smoother: transparent, data led decision making on a global scale. We are The Alternative.
Career path
Trainee
Officer
Senior Officer
Manager
Senior Manager
Director
Employee benefits
The Academy
Work/Life Balance
Flexible Working Hours
Competitive packages with extra benefits depending on location
Extra days depending on location and birthday leave
Team Work
Funds US Assistant Manager (Credit Funds)
ABOUT US
We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
Assistant Fund Manager (Credit)
Alter Domus is currently seeking an Assistant Fund Manager (Credit) to join our Fund Administration team!
JOB DESCRIPTION:
Manage and oversee Client Delivery teams
Able to manage 1-2 Associate Fund Accountants or Fund Accountants with potential for growth;
Leverage prior job experience;
Broaden accounting, finance and analytical skills;
Supervise and mentor a team of Fund Accountants, as well as train new employees and provide direction and help prioritize the work of others
Administer, report, review, and understand industry standards
Respond to auditor queries;
Increase communication/interaction with clients and their investors. Prepare/review monthly, quarterly, and annual reports for investors, consultants and other stakeholders including financial information, performance returns, operations and variance analysis;
Calculate and review various performance returns;
Support and coordinate cash distributions on behalf of clients;
Review, analyze and interpret accounting records, financial statements, footnotes, or other financial report to assess accuracy, completeness, and conformance to reporting and procedural standards for audit reports;
Sign off as reviewer on SOC1 checklist and support SOC external audit requests;
Ensure compliance with internal audit procedures and requests;
Develop leadership skills by demonstrating a willingness to lead projects and offer input; and
Demonstrate a comprehensive understanding of the governing agreement(s) between Alter Domus, the clients and their investors;
Review documents in compliance with client agreement(s);
YOUR PROFILE:
Bachelor’s degree in accounting (or related field);
Credit Accounting experience preferred;
5+ years of professional experience;
In-depth understanding of investments within assigned fund(s);
Broad market knowledge;
Ability to manage 2 staff members with potential for growth;
Strong communication and analytical skills; and
Ability to perform multiple projects, navigate through unexpected challenges, and bring about viable solutions that provide the best results.
WHAT WE OFFER
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, birthday leave
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- Support with mental, physical, emotional and financial support 24/7 from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Equity in every sense of the word
We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.
We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.
We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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Hear from the team
"Alter Domus were fully supportive through my studying path, providing study support in the way of study fees and study leave, as well as some flexible working towards nearer each exam to help me manage with work/life (and exam!) balance.
Carla Walmsley, Senior Manager - Fund Services, Jersey