Manager, Private Equity and Hedge Fund Accounting (Hybrid)

About the Role

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Private Equity & Hedge Fund Accounting Teams. Our primary goal is to provide exceptional customer service, accounting and administration services to our hedge and private equity fund customers. As a Fund Accounting Manager, you will be responsible for the accounting operations and resolution of accounting issues for clients.

Responsibilities

• Serve as the main contact for clients, demonstrating expertise in offshore and domestic fund accounting and administration for alternative funds.
• Manage the delegation of funds to your team, coordinate/onboard new fund set‑ups, act as a liaison between clients and internal teams, and work closely with all parties to provide accurate and thorough accounting packages.
• Oversee the coordination and support of various year‑end audit engagements in accordance with GAAP accounting standards as the record keepers for the fund.
• Perform due‑diligence to ensure clients are in compliance with government laws and regulations.
• Adhere to our Anti‑Money Laundering policies and procedures when reviewing all fund transactions.
• Ensure your team complies with department rules and regulations designed to stop the practice of generating income through illegal actions.
• Generate and reconcile all accounting reporting, such as month‑end valuation reports.
• Review and approve month‑end valuations prior to distribution to the client with a goal of 100% accuracy; authorize wire payments from fund’s escrow accounts.
• Correspond with investment managers regarding day‑to‑day inquiries, including questions on transactions, administration servicing, planning and reporting of funds and financial statements.
• Connect with investment managers, transfer agents, and sales and service teams to resolve open issues and questions; engage internal technology support and vendor support when necessary to resolve production issues or system support queries.
• Conduct performance appraisals, monthly one‑on‑ones with your supervisors and analysts, and provide career pathing and training.
• Ensure staffing requirements are met by assessing resource needs, interviewing candidates and hiring employees.
• Provide and champion a team environment that includes individual development, promotions and disciplinary action.
• Support new business development and relationship teams for prospect calls, client visits and presentations.
• Facilitate the onboarding of new and converted clients by gathering client requirements, submitting custom requests and communicating key deliverables to your team members.
• Attend and participate in various IMS and corporate professional development sessions to acquire tools for identifying processes across the division and organization.
• Partner with a diverse team and grow your career.

Requirements

• BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience.
• Minimum of 5 years’ experience in the fund services industry; alternatives experience required.
• Minimum of 2 years’ supervisory or management experience.
• Intermediate skills in Microsoft Excel.

Preferred Qualifications

• Self‑motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills; primary client support through email and/or phone calls.
• Strong customer service skills; daily communication with clients and other service providers.
• Drive to broaden knowledge of the financial services industry by learning new concepts and systems and taking initiative to apply them to daily work assignments.
• Attention‑to‑detail to ensure all deliverables consistently meet the highest standard of quality and accuracy.
• Ability to collaborate with internal and external stakeholders.
• Flexibility to adapt as client needs change.
• Positive, collegial approach in assisting both colleagues and clients; ability to work in a team environment.
• Curiosity, critical thinking and attention to detail for problem solving and process improvement.
• Commitment to embody SEI Values of courage, integrity, collaboration, inclusion, connection and fun.
• For more information on SEI Values, visit: https://www.seic.com/

Work Location

Oaks, PA (Hybrid — 3 days in office / 2 days work‑from‑home)

Benefits (SEI’s Competitive Advantage)

• Comprehensive health care (medical, dental, vision, prescription, wellness, EAP, FSA)
• Life and disability insurance (premiums paid for base coverage)
• 401(k) match
• Education assistance & tuition reimbursement
• Commuter benefits
• Up to 11 paid holidays per year
• 21 days PTO per year (pro‑rated for new hires, increases over time)
• Paid parental leave
• Back‑up childcare arrangements
• Paid volunteer days
• Discounted stock purchase plan & investment options
• Access to thriving employee networks
• Hybrid working environment for most roles
• Support for working parents and flexible PTO

About SEI

We are a technology and asset management company delivering on our promise of building brave futures (SM) for our clients, communities, and ourselves. After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Our offices feature open floor plans and art installations designed to encourage innovation and creativity. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success.

Equal Opportunity Statement

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

AI Acceptable Use in the Application and Interview Process

SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.