Private Equity Fund Accounting & Financial Reporting Manager

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 a critical component in the provision of excellent client service. An open, collaborative and detail-oriented environment underpins this business objective.

SEI Group operates subsidiaries in the EU, UK, Cayman Islands and Canada. SEI Investments – Luxembourg S.A. provides services to funds established by third party investment managers.

This individual will be required to manage a dedicated Fund Accounting and Financial Reporting team for Private Equity and Hedge Funds, including tier 1 Clients. Reporting to the Conducting Officer responsible for Fund Administration, the role involves interacting with professionals at all levels, both internally and externally. Candidates must have a high level of understanding of Private Equity and Hedge structures and related investment types, and will be responsible for the day-to-day running of the teams and the management of a portfolio of Private Equity and Hedge funds. This includes local production of accounting deliverables and financial statements, as well as oversight of delegated accounting deliverables and financial statements within the group. The role may be performed in a hybrid fashion (in the office 3+ days/week, and from home up to 2 days/week) within applicable cross-border tax and social security limits.

What you’ll do:

• Promote integration of Accounting and Financial Reporting with other SEI lines of business
• Participate in management skills training and staff development
• Set and enforce departmental policies
• Develop and communicate goals and objectives for the team, and formulate action plans; periodically review prioritization and monitor progress
• Conduct performance appraisals, hold monthly one-on-ones, provide career pathing and training; participate in staffing, interviews and hiring; foster a team environment including development, promotions and disciplinary action
• Participate in or lead departmental projects as applicable
• Lead and develop your team of Private Equity and Hedge Fund Accountants and Financial Reporting Specialists
• Manage delegation of funds, onboard new fund setups, liaise between clients and internal teams, and provide accurate accounting packages
• Correspond with investment managers regarding day-to-day inquiries, fund transactions, administration servicing planning and reporting of funds and financial statements; client engagement and quality service are essential
• Generate and reconcile all accounting valuation reports and financial statements per NAV frequency
• Review and approve NAV valuations prior to distribution with a goal of 100% accuracy
• Coordinate year-end audit engagements in accordance with GAAP
• Monitor and perform due diligence on delegates to ensure regulatory compliance
• Set departmental policies and procedures related to the operational control environment
• Direct, lead and drive process change to improve efficiency
• Monitor the progress of the funds’ annual audits
• Write and coordinate fund accounting responses to RFPs and RFIs
• Participate in prospective client visits

What we need from you:

• At least 7 years’ experience in a fund accounting role, including at least 5 years with Private Equity funds
• Experience with private equity and hedge accounting systems
• Experience reviewing fund financial statements and understanding Luxembourg GAAP and IFRS for investment companies
• At least 3 years of people management and leadership experience
• Ability to manage multiple projects and deadlines, prioritising work to maximise efficiency
• Strong knowledge of fund structures and regulatory requirements
• Experience reviewing fund documents
• Business fluency in English

What we would like from you:

• Third-level qualification, preferably in Finance or related field
• A drive to broaden knowledge of the financial services industry and apply it to daily work
• Attention to detail to ensure high-quality deliverables
• Collaboration with internal and external stakeholders and adaptability to client needs
• Production and oversight skills, including preparing valuation packages and supervising delegates
• Project management experience with strong organisational skills
• Initiative and ownership of deliverables
• Excellent interpersonal and customer service skills
• Curiosity, critical thinking and attention to detail
• Foreign language skills are an advantage
• ACCA qualification preferable but not essential
• Alignment with SEI values of courage, integrity, collaboration, inclusion, connection and fun.

Note: This position may require a successful background check, including employment verification, education verification and criminal history review after an offer is extended and accepted.

About SEI and SEI Lux: SEI delivers technology and investment solutions across processing, operations, and asset management. As of Sept. 30, 2024, SEI manages, advises, or administers approximately $1.6 trillion in assets. SEI Luxembourg is a specialized PSF, authorized and regulated by the CSSF.

EEO Statement: SEI is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by law.