Associate Director - Fund Accounting

As a member of the Private Equity team, you will be accountable for an efficient processing and review of end-to-end PE funds NAV, including capital events and specifically responsible for:

• Journal entry recording of capital calls, distributions, expenses, and valuations
• Reconciliations of cash and trades with custodians
• Uploading and tracking of fund related documents on document management portals
• Monthly\Quarterly reconciliation with Custodians for cash flows and valuations.
• Preparation of Monthly and Quarterly holdings roll forwards
• Preparation of wire payments
• Preparation of financials work papers

Job Description

• Lead, mentor, and motivate a team 10-15 PE fund accountants.
• Ensure all the SLAs for daily/weekly/monthly/quarterly activities are met.
• Responsible for making sure that all activities (booking of daily journal entries, management fee calculation, accrued expenses reimbursement calculations, valuation of investments, financial/investor report preparation and adhoc reporting) of ongoing service delivery worked smoothly and result in high quality service for the client.
• Ensure that proper accounting policies, procedures, and internal controls are maintained to safeguard the assets of the Company and to ensure that all financial transactions are recorded in accordance with US GAAP.
• Implement and design controls to deliver quality work.
• Motivate and mentor people to make them successful in their individual roles.
• Review and test the control process on a regular basis to deliver the quality service to clients.
• Create checklist for the process to ensure completeness, accuracy and timeliness.
• Review and update the critical process documents on regular basis.
• Interact with client service teams to ensure timely and accurate communication of relevant financial information to clients. Coordinate internal audits and follow up with responsible parties.
• Prepare MIS reports for onshore and offshore management teams
• Drive process improvement and efficiency projects.
• Leading and coordinating weekly/monthly management calls.
• Understand client reporting requirements and provide effective solutions.
• Drive technology enhancements and implementation for the group.
• Ensure smooth transition of new clients and process

SEI’s competitive advantage

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, hybrid working environment and a work-life balance that enables you to relax, recharge and be there for the people you care about.

Our benefits include Medical Insurance, Term Life Insurance, Voluntary Provident Fund, 10 Predefined Holidays and 2 Floating Holidays in a year, Paid Time off and more.

We are a technology and asset management company delivering on our promise of building brave futures—for our clients, our communities, and ourselves.  Come build your brave future at SEI. 

The position title reflected in this job description is aligned with SEI's current internal job architecture. As part of SEI's role and career framework, internal job titles may not directly correspond to external market titles and may differ from titles previously assigned during an employee's tenure or at the time of hire.

SEI is an Equal Opportunity Employer and so much more…

After 50 years in business, SEI is a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. 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. We offer our employees paid parental leave, paid volunteer days, professional development assistance and access to thriving employee networks.

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.