Fund Accounting Specialist at SEI U.S. in LUX

Job description

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