Fund Accounting Specialist

Fund Accounting Specialist

SEI Investments is a leading global provider of asset management and investment technology solutions.  The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. SEI is a people focused organization which encourages and recognizes employee development as being a critical component in the provision of excellent client service. An open, collaborative and detail-oriented environment underpins this business objective.

Whilst the parent company has its principal offices in the United States, the SEI Group comprises operating subsidiaries in the EU, UK, Cayman Islands and Canada. The SEI Group’s operations in Luxembourg that conduct administration and depositary services to funds established by third party investment managers.  

Position Description:

The Fund Accounting Specialist will be a core part of a team in a high growth area of SEI. This individual will be responsible for maintaining and reviewing the accounting books and records of the Funds in the team, including the calculation of the Net Asset Value, preparation of financial statements and regulatory reporting in addition to forging strong internal relationships within their team and client. In addition, they will perform oversight and monitoring on delegate relationships within the group.

What you’ll do:

< >Ensure that the preparation and review of the Fund’s NAV is accurate and delivered on a timely basisResponsible for the preparation and review of expenses schedules, income calculations, capital activity calculations and fund fee calculationsEnsure the established controls are maintained and followed during the Nav production cycle.Participate in and lead in the preparation and readiness for new Fund launches within the teamServe as initial point of contact for clients on fund accounting matters pertaining to NAV productionIdentify, document and resolve actual/potential issues. Build a strong relationship within your team and with your client through a conscientious approach to query management and problem resolutionBuild a strong relationship with all SEI teams and third-party stakeholders in the NAV Production cycleServe as the main daily contact for our delegate colleagues, in relation to a range of clients, and their deliverables, ensuring employees adhere to company policies and procedures, and local regulationsReview, approve and provide comments, where applicable, on work performed by delegatesBuild a strong product knowledge through exposure to complex Fund structures and financial instrumentsParticipate in department initiatives and group projects as appropriate. 

What you bring to the table:

• 4 years + experience in Fund operations with experience in Alternative Funds. Some experience in private markets is preferable.
• Ability to work effectively in a team, build positive working relationships across the board, take responsibility for assigned work and helping your peers and your manager.
• ACCA qualified preferable but not essential.
• Effective and confident communication, both written and oral.
• Experience with analysis of the Trial Balance, general ledger entries, and at a minimum, basic management and performance fee calculations.
• Experience in working on funds with closed ended structures,Experience in reviewing Limited Partnership Agreements, operating memorandums and fee agreementsThird Level qualification in Finance or Business (desirable)P.C. proficiency, particularly with Microsoft Excel and Word. 

Attributes we value:

• Excellent interpersonal and customer service skills and attention to detail
• Knowledge and expertise of the FIS Investran and/or Advent Geneva systems
• Knowledge of Anti-Money Laundering requirements
• Strong Organisational and administrative skills
• In-depth knowledge and understanding of best practices (GAAP rules/IFRS principles) within the Investment (Financial) Services Industry, ideally within Luxembourg/EU
• Energy, accountability and drive
• Strong oral and written communication skills.
• Fluency in English Language (both verbal and written) essential.
• Team player with positive ‘can do’ attitude with excellent problem-solving skills.
• 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/

Unit Overview:

SEI Investments - S.A. (“SEI Lux”) is a specialized PSF, under the supervision of the CSSF, providing administrative and transfer agency services to Luxembourg investment funds. SEI Lux is part of SEI group, which is a leading global provider of asset management and investment technology solutions. SEI’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. SEI is a people-focused organization, which encourages and recognizes employee development as being a critical component in the provision of excellent client service. An open, collaborative and detail oriented environment underpins this business objective.

SEI is an Equal Opportunity Employer and so much more:

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.

We recognize that our people are our most valuable asset and are (literally) invested in your success we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance.

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

Note:

This position will require a successful background check, including employment verification, education verification and criminal history review, once an offer has been extended and accepted.

About SEI® & SEI Lux:

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2023, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

SEI Investments - S.A. (“SEI Lux”) is SEI’s Luxembourg-based European subsidiary, a specialized PSF, authorised and regulated by the Commission de Surveillance du Secteur Financier (“CSSF”) (B257752), providing administrative and transfer agency services to Luxembourg investment funds.

The position title reflected in this job description is aligned with SEI's current internal job architecture. As part of SEI's role and career framework, internal job titles may not directly correspond to external market titles and may differ from titles previously assigned during an employee's tenure or at the time of hire.

SEI is an Equal Opportunity Employer and so much more:

SEI is an equal opportunity 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.

We recognize that our people are our most valuable asset and are (literally) invested in your success we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance.

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

Note:

This position will require a successful background check, including employment verification, education verification and criminal history review, once an offer has been extended and accepted.

AI Acceptable Use in the application and interview process:

SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives.  If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.