Fund Accounting Manager

Who We Are:

We are seeking a Nashville, TN based candidate to fill a Fund Administration Manager role within Global Fund Administration.

What you’ll do:

The Fund Administration Manager is a hands-on position overseeing all activities for a group of pooled vehicles.  The role entails ensuring the accuracy and timeliness of team deliverables as well as ensuring all requirements of our internal and external customers are managed efficiently and effectively.  The position will multi-task, problem solve & troubleshoot, analyze and effectively communicate.  The role is also expected to interact with and manage external business partners as well as initiate and lead strategic business and process improvement initiatives. 

The Fund Administration Manager will be responsible for managing a team which includes a supervisory Team Leader and Fund Administration Analysts.  The role is expected to provide direction, guidance and training plans for team members as well as routine feedback and goal setting.

• Provide support, guidance and constructive feedback to team members on their tasks and assume responsibility of such as needed, which includes:

• Oversee and analyze NAV calculation performed by delegated service provider for accuracy

• Assist in audit coordination, audit query resolution and provide feedback on financial statements

• Support jurisdictional tax and other regulatory reporting requirements

• Understand trial balance activities including income, expenses (including management & incentive fees), derivative transactions, currency implications and dividend distributions  

• Research and resolve any identified operational issues and notify management accordingly

• Ensure the team’s deliverable deadlines are appropriately resourced, monitored and achieved

• Authorize, review and/or make critical decisions related to activities and funds within team

• Provide timely feedback and support to internal and external queries or requests

• Effectively collaborate and communicate with team members, intra- and interdepartmental colleagues and business partners

• Initiate process documentation, training plans, improvement proposals and implementation

• Lead ad hoc strategic business projects including fund launches, liquidations, exploratory data requests, etc.

• Ensure fund compliance with relevant regulatory bodies (i.e. IRS, SEC, CSSF, etc.)

• Participate in personnel management activities which includes AB’s evaluation process, departmental compensation discussions and interviews

• Manage business partners and vendors through management reporting and KPI evaluation

• Review fund and investor level distributions and tax reporting documents

Who you’ll work with:

GFA supports all activities associated with pooled investment vehicles for the firm.  GFA’s mission is to provide “Best in Class Service” to each of our internal and external customers which includes, but not limited to, Portfolio Management, Legal & Compliance, Product Management & Development, Marketing, Sales, Transfer Agent, Investor Relations and business partners such as administrators and audit firms. 

GFA oversees all of AB’s pooled investment vehicles which lends itself to potential exposure across an array of products, processes and jurisdictions.  Additionally, GFA is an oversight group where there is more opportunity for analyzing and problem solving.

The oversight nature of this role allows one to apply accounting knowledge and experience in more analytical capacity.  As GFA oversees all of AB’s pooled investment vehicles, there is potential for exposure across an array of products, processes and jurisdictions.  GFA prefers to promote from within when the opportunity arises.

The Manager would be actively supporting business growth as well as business critical initiatives such as fund launches, mergers & liquidations and managing regulatory reporting requirements.  A Manager is expected to lead by example, providing mentoring opportunities by assisting team members through complex situations.

What we’re looking for:

• The ideal candidate would have a minimum of 7 years of experience in the mutual fund or finance industry

• A 4-year college degree with a business major (preferably accounting or finance).  Experience with a fund administrator or audit firm is preferred.

• As this role has management responsibilities, experience in a managerial capacity is required. 

Additional skills desired:

The candidate should have proficient accounting knowledge, preferably in fund valuation.  The role requires excellent analytical skills, communication skills, organizational skills and problem-solving skills. 

The candidate should possess proficiency in standard desktop applications such as Excel, Outlook, Word.  Advanced Excel skills such as macro writing would be a plus.

Experience with hedge fund, private equity, real estate and hybrid structures as well as related activities such as capital calls, capital statements, waterfalls, distributions, management and incentive fees is required.

Familiarity with review of annual reports, tax reporting and regulatory requirements would be beneficial.

Process management/improvement experience is preferred.

Who We Are:

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it’s our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you’re producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you’re ready to challenge your limits and empower your career, join us!

People of color, women, and those who identify as LGBTQ people are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law.  AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.