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Fund Manager - Private Equity 1

Company: Alter Domus
Location: Chicago
Posted on: January 28, 2023

Job Description:

Press Tab to Move to Skip to Content Link We are Alter Domus. Our name means "The Other House" and we're a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you're speaking to. And it's your freedom to decide which cutting-edge kind of finance professional you want to be. Join more than 3,600 fund administration, accounting, tax, loan administration and legal experts worldwide and take pride in being alternative. Alter Domus clients include the world's leading asset managers, lenders and asset owners. We're specialists who use the most innovative technologies to create unparalleled solutions for the private equity, real assets and debt capital markets sectors. This is where standout talent advances what's possible in fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services. At Alter Domus we attract, grow, and develop Alternative Thinkers. The Alter Domus Academy helps our people to be their professional best, to become Alternative Thinkers. The Academy team is expanding, and we are looking for an L&D Partner who shares our passion for developing people. - #LI-DJ1 Alter Domus is currently seeking a new Fund Manager to join our Private Equity Fund Administration team at our Boston, MA office. JOB DESCRIPTION:

  • Assist in the preparation and review of investment entries, valuations, capital calls, and distributions;
  • Review allocations, ad-hoc communications with investors, workpapers and unaudited financial statements, partners' capital statements, and all reports for both limited and general partners;
  • Responsible for all client reporting;
  • Review cash and journal entries;
  • Analyze incentive fee calculations;
  • Serve as the subject matter expert throughout the audit process;
  • Assist with preparing and reviewing audited financials and supporting schedules and liaison with auditors;
  • Assist with open items list/auditor communications, 1099 form preparation, and onboarding process for both new clients and new funds;
  • Monitor and create fund/account efficiencies and ensure implementation of improvements;
  • Ensure fund/account compliance with client agreement(s);
  • Input client information into accounting and CRM systems;
  • Analyze and discuss results for company databases, IRR's, and returns;
  • Review and assist in spearheading ongoing IT reconciliation project;
  • Manage and mentor Associate team members
  • Advise performance review ratings and team performance;
  • Advise management about issues such as resource utilization, tax strategies, and the assumptions underlying budget forecasts;
  • Communicate with senior team members on the status of reports and projects;
  • Work with senior team members on special requests from clients; and
  • Assist with the development of policies and procedures. YOUR PROFILE:
    • Bachelor's degree in Accounting, Finance or similar;
    • 7+ years of professional experience;
    • Strong understanding of investments within Private Equity;
    • Experience with preparing quarterly journal entries (cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, carried interest);
    • Understanding of multiple vehicle structures including parallel, co-investor, blocker, feeder and holding company structures;
    • Ability to quickly learn and understand the accounting systems and corresponding reporting;
    • Ability to proactively identify issues and recommend long-term solutions;
    • Ability to multitask, working on multiple client and/or fund deadlines;
    • Advanced Microsoft Excel skills, including advanced formulas and pivot tables;
    • Ability to communicate professionally with clients;
    • Ability to work both independently and on a team; and
    • Attention to detail and analytical skills. ABOUT US: We are Alter Domus. Our name means "The Other House" and we're a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you're speaking to. And it's your freedom to decide which cutting-edge kind of finance professional you want to be. Join more than 4,100 fund administration, accounting, tax, loan administration and legal experts worldwide and take pride in being alternative.
      Alter Domus clients include the world's leading asset managers, lenders and asset owners. We're specialists who use the most innovative technologies to create unparalleled solutions for the private equity, real assets and debt capital markets sectors. This is where standout talent advances what's possible in fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services.
      WHAT WE OFFER:
      Alter Domus provides a sophisticated, diverse, and global work environment with prominent clients. We will take your ambitions and talents to the next level while giving you the resources and support you need to succeed.
      Here are some of the benefits we provide:
      --- 401(k) savings plan with 100% employer match up to 6%
      --- Flexible paid time off from 27-35 days paid off per year, depending on your level
      --- 11 paid holidays
      --- Paid birthday off
      --- Generous parental leave for both parents
      --- Health care coverage for as little as $25 per month
      --- Flexible Hybrid working environment
      --- Comprehensive training through our acADemy training program
      --- Dedicated people manager and coach focused on your career
      --- As well as many more---
      For more information, please visit: careers.alterdomus.com. 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.
      For more information, please visit: www.cortlandglobal.com and www.alterdomus.com. Cortland* Part of Alter Domus Group 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. #LI-DJ1 We are Alter Domus. Our name means "The Other House" and we're a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you're speaking to. And it's your freedom to decide which cutting-edge kind of finance professional you want to be. Join more than 3,600 fund administration, accounting, tax, loan administration and legal experts worldwide and take pride in being alternative. Alter Domus clients include the world's leading asset managers, lenders and asset owners. We're specialists who use the most innovative technologies to create unparalleled solutions for the private equity, real assets and debt capital markets sectors. This is where standout talent advances what's possible in fund administration, corporate services, depositary services, transfer pricing, domiciliation, management company services, loan administration, agency services, trade settlement and CLO manager services. At Alter Domus we attract, grow, and develop Alternative Thinkers. The Alter Domus Academy helps our people to be their professional best, to become Alternative Thinkers. The Academy team is expanding, and we are looking for an L&D Partner who shares our passion for developing people. -

Keywords: Alter Domus, Chicago , Fund Manager - Private Equity 1, Executive , Chicago, Illinois

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