Job Description
Job Description: ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning "The Other House" in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. 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
Title: Fund Accounting Manager
Location: Chicago, Boston, or Carmel, IN
Alter Domus is currently seeking a Fund Manager to join our Private Credit 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 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:
7+ years of professional experience
Bachelor's degree in Accounting, Finance or similar
Expertise in Credit Fund Accounting and Bank Loan Markets operations
In depth understanding of private credit and structured product investments
Experience preparing journal entries and other fund accounting process (e.g. cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, partner allocation, and carried interest)
Deep knowledge of Fund Accounting technology platforms
Advanced Microsoft Excel skills, including advanced formulas and pivot tables
Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures
Ability to quickly learn and understand Alter Domus' accounting systems and corresponding reporting
Skilled at proactively identifying issues and recommend long-term solutions
Capacity to multitask, working on multiple client and/or fund deadlines
Effective communicator with clients
Capable of working both independently and on a team
Excellent attention to detail and analytical skills
Experience managing a team is a plus
Salary range depending on location and experience: $110,00-$130,000
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:
Support for professional accreditations
Flexible arrangements, generous holidays, plus an additional day off for your birthday!
Continuous mentoring along your career progression
Active sports, events and social committees across our offices
24/7 support available 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
Alter Domus is an Equal Opportunity Employer: Equity Statement
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: )