VP - Retail Alternatives Fund Accounting

SUMMARY

The VP, Retail Alternatives Fund Accounting provides strategic oversight and guidance to the Fund Accounting Department in support of retail alternative products such as interval funds, tender offer funds, and BDCs.

KEY ACCOUNTABILITIES

Oversees the launching of new funds, fund mergers, conversion of funds, and advisor/sub-advisor changes. Occasionally performs daily review processes when the Senior associates and Managers are out of the office. Oversees a variety of accounting activities in support of retail alternatives fund accounting. Oversee training and development of key concepts related to retail alternative funds. Support initiatives for continuous improvement in the operating model

STRATEGIC PLANNING

Provides leadership and consulting support to company executives and management on matters of people management, goal setting, policy development, and strategic implementation in support of achieving corporate objectives and business growth. Participates in the development and execution of the annual Strategic Plan and communicates said Plan to the department; participates in daily, monthly, and quarterly meetings with executive management regarding department issues. Conceptualizes and implements initiatives to support business objectives. Ensures departments resources are adequate for complete and timely reporting to clients and NASDAQ and in accordance with existing quality and quantity standards, policies, and procedures. Ensures the training team has the tools and resources necessary to increase the overall knowledge of the department. Works with the SVP and Executive team to establish long-range goals, strategies, plans, and policies and reviews suggested implementation for system upgrades. Identifies ways to make the team more efficient; recommends fund allocations, process changes, etc.; Ensures the training team has the tools and resources necessary to increase the overall knowledge of the department.

COMPLIANCE

Reviews compliance with various regulatory restrictions and recommends changes to accounting procedures. Assists in the coordination of the disaster recovery efforts for the department. Provides guidance and support to independent SOC1 audits by performing research, pulling documentation, answering questions, and coordinating the teams’ input. Reviews operational controls for adequacy, compliance, and integrity of data; updates documents and communicates procedural changes to the department.

PERSONNEL MANAGEMENT

Manages associates within department including, but not limited to, hiring, training, and developing associates, delegating work assignments, writing, and conducting performance appraisals, salary recommendations, coaching and counseling, and administering corrective actions. Conducts one-on-one and team meetings with associates on a regular basis to discuss new procedures, problems, and issues. Establishes team and individual goals for department. Fosters performance of associates and the processes used by them; holds the associates accountable for their work.

WORKING RELATIONSHIPS

Communicates changes and company information to associates via small and large group meetings. Mentors associates through instruction, coaching, providing real-time on-the-job experiences, modeling effective practices, and advising on methods used. Manages client requests and ensures the needs of clients are met, including coordinating calls for new fund set ups. Communicates as needed with fund administration, transfer agency, and funds’ custodian regarding fund accounting-related activities.

May perform other duties as required and assigned.