Financial Administrator I, Retail Alternatives

Job Description:

• Prepare complex financial statements and related reports for fund securities, including Forms N-Q, 10-K, 10-Q, N-23C-2, NSAR, N-CSR, N-CEN, N-PX, and 24f-2
• Compile quarterly reporting materials for Board Members
• Prepare and validate client accounts, financial statements, audit deliverables, accruals, tax packages, and investor reporting
• Analyze and reconcile investment activity and financial data, including cash, expenses, income, gains, and withholding
• Monitor fund performance and distribute performance information to clients
• Provide training and guidance to junior associates and perform preliminary reviews
• Prepare and maintain fund budgets, including advisor reimbursements and waivers
• Calculate monthly management fees and obtain appropriate approvals
• Process fund expenses, including management and 12b-1 fees
• Ensure SEC filings and related disclosures comply with applicable accounting standards
• Maintain documentation of policies and procedures in accordance with authoritative accounting guidance
• Serve as a first-level escalation point and resolve issues
• Interact with rating agencies by releasing portfolio holdings, answering surveys, and providing fund information
• Maintain daily contact with the Financial Administration team regarding financial statements, reports, and compliance
• Perform other duties as required and assigned

Requirements:

• Bachelor’s degree in accounting, finance, economics, business, or related field
• 3+ years of experience with fund accounting or fund administration
• Equivalent education and experience will be considered
• Knowledge of financial reporting and performance systems
• Knowledge of retail alternative investment products, including interval funds, tender offer funds, BDCs, REITs, and 34 Act private funds
• Knowledge of stocks, bonds, options, foreign securities, and derivatives
• Proficiency with Microsoft Office Suite
• Proficiency with Adobe Acrobat
• Creative and critical thinking skills for troubleshooting
• Multitasking, analytical, and organizational skills
• Strong commitment to quality, efficiency, and effectiveness
• Ability to communicate ideas and information clearly and concisely, both written and orally
• Ability to establish effective working relationships with associates and clientele