What are the responsibilities and job description for the Fund Accounting Manager (Credit Funds) position at Alter Domus?
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
Fund Accounting Manager
Location : Chicago, IL, Indianapolis, IN or Boston, MA
Alter Domus is currently seeking a new Fund Manager to join our Credit Funds team!
JOB DESCRIPTION :
- Provide mentorship and leadership to team members, ensure team training and career development;
- Serve as lead contact for client and their investors, auditors, and other parties;
- Manage and oversight the production of of financial statements and supporting schedules, including, but not limited to, journal entries, trial balances, and capital activities;
- Review investor allocations, ad-hoc communications with investors, workpapers and unaudited financial statements, partners' capital statements, and all reports for both limited and general partners;
- Perform review of IRR's and returns and discussing results;
- Analyze management fees, incentive fee, and waterfall calculations;
- Ensure fund / account compliance with client agreement(s);
- Manage client expectations and communicate deliverables clearly and timely;
- Assist with open items list / auditor communications, 1099 form preparation, and onboarding process for both new clients and new funds;
- Review and assist in spearheading ongoing Credit Fund automation project;
- Communicate with senior team members on the status of reports and projects;
- Monitor and create fund / account efficiencies and ensure implementation of improvements;
- Work with senior team members on special requests from clients;
- Assist with the development of policies and procedures.
YOUR PROFILE :
The budget for this particular role is between $65,000 and $140,000
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 :
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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Salary : $65,000 - $140,000
