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

Whilst the parent company has its principal offices in the United States, the SEI Group comprises operating subsidiaries in the EU, UK, Cayman Islands and Canada. The SEI Group’s operations in Luxembourg are carried out on services rendered by SEI Investments – Luxembourg S.A. (the Company) a Specialized PFS (professional of the financial sector in relation to fund administration and depositary services to funds established by third party investment managers.

Position Description:

This individual will be required to manage a dedicated Fund Accounting and Financial Reporting team for Private Equity and Hedge Funds, which includes tier 1 Clients. Reporting into the Conducting officer responsible for Fund Administration, this individual will be responsible for interacting with all levels of professionals both internally and externally. Candidates must have a high level of understanding of both Private Equity and Hedge structures and related investment types and will ultimately be responsible for the day-to-day running of the teams and the management of a portfolio of Private Equity and Hedge clients. This is inclusive of both local production of accounting deliverables, and financial statements, as well as oversight and monitoring delegated accounting deliverables, and financial statements within the group. This position may be eligible to be performed in a hybrid fashion (in the office 3 or more days/week, and from a home office up to 2 days/week), within any applicable tax and social security limits for cross-border work.

What you’ll do:

• As the Fund Accounting and Financial Reporting Manager, you will be required to work both independently and as part of a team to ensure that SEI and its clients are in full compliance with regulatory requirements. Specific responsibilities include but are not limited to the following:

Leadership

• You will promote integration of Accounting and Financial Reporting department with other SEI lines of business

• You will participate in management skills training and development of staff

• You will set and enforce departmental policies

• You will develop and communicate goals and objectives for the team and formulate specific action plans. Periodically review prioritization of team goals and objectives and monitor progress regularly.

• You will conduct performance appraisals, monthly one-on-ones with the team analysts and supervisors and provide career pathing and training. You will also ensure staffing requirements are met by participating in interviews and hiring processes. You will provide and foster a team environment to include individual development, promotions and disciplinary action.

• You will participate in or lead departmental projects as applicable

Fund Administration Oversight

• You will lead and develop your team of Private Equity and Hedge Fund Accountants and Financial Reporting Specialists

• You will manage the delegation of funds to your team, coordinate/onboard new fund set ups, serve as a liaison between clients and internals teams, and work closely with all parties to provide accurate and thorough accounting packages.

• You will correspond with investment managers and regarding day-to-day inquiries, including questions on transactions associated with the fund(s), administration servicing planning and reporting of funds and financial statements. Client engagement and a dedication to quality service is a must for success.

• You and your team will generate and reconcile all accounting valuation reports and financial statements, per NAV frequency

• You will review and approve NAV Valuations prior to distribution to client with a goal of 100% accuracy.

• As the record keepers for the fund, you and your team will be involved in the coordination and support of various year-end audit engagements in accordance with GAAP accounting standards.

• We will need you to perform monitoring, oversight and due diligence on delegates to ensure compliance with government laws and regulations.

• You will set departmental policies and procedures related to the operational control environment

• You will direct, lead and orchestrate the pace and process of change to improve operational efficiency and effectiveness

• You will monitor and oversee the progress of the funds’ annual audits

Sales Support

• You will write and coordinate fund accounting-related responses to RFP’s and RFI’s

• Participating in Prospective Client visits

What we need from you:

• At least 7 years’ experience in a Fund accounting role, ideally to include at least 5 of those working on Private Equity Funds.

• Experience in working on Private Equity and Hedge accounting systems.

• Experience in reviewing fund financial statements and an understanding of Luxembourg Generally Accepted Accounting Principles (GAAP) and IFRS for investment companies and related reporting requirements

• At least 3 years of people management and leadership experience.

• Ability to independently manage multiple projects and deadlines to meet strict deadlines, prioritizing work and maximizing efficiencies to manage time

• Have a strong knowledge of Fund structures, various Fund domiciles regulatory requirements.

• Have experience in 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 one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments.

• Attention to detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy

• Collaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with them.

• Proven Production and Oversight skills, including experience preparing valuation packages and statements, as well as overseeing and monitoring delegates.

• Project management experience, including strong organizational and administrative skills

• Initiative and ownership of assigned deliverables and responsibilities

• Excellent interpersonal and customer service skills

• Curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.

• Fluency in foreign language (both written and verbal) an advantage

• ACCA qualified preferable but not essential.

• Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. https://www.seic.com/

About SEI® & SEI Lux:

About SEI® SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of Sept. 30, 2024, SEI manages, advises, or administers approximately $1.6 trillion in assets. As of Sept. 3, 2024, Preqin named SEI 7 out of 129 fund administrators in Luxembourg for assets under administration. For more information, visit seic.com.. For more information, visit seic.com. SEI Investments - Luxembourg S.A. (“SEI Lux”) is SEI’s Luxembourg-based European subsidiary, a specialized PSF, authorised and regulated by the Commission de Surveillance du Secteur Financier (“CSSF”) (B257752), providing administrative and transfer agency services to Luxembourg investment funds.

SEI is an Equal Opportunity Employer and so much more:

SEI is an equal opportunity/affirmative action employer, and 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.

We recognize that our people are our most valuable asset and are (literally) invested in your success we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance.

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

Note:

This position will require a successful background check, including employment verification, education verification and criminal history review once an offer has been extended and accepted.

About SEI® & SEI Lux:

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2023, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

SEI Investments - S.A. (“SEI Lux”) is SEI’s Luxembourg-based European subsidiary, a specialized PSF, authorised and regulated by the Commission de Surveillance du Secteur Financier (“CSSF”) (B257752), providing administrative and transfer agency services to Luxembourg investment funds.

SEI is an Equal Opportunity Employer and so much more:

SEI is an equal opportunity employer and 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.

We recognize that our people are our most valuable asset and are (literally) invested in your success we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance.

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

Note:

This position will require a successful background check, including employment verification, education verification and criminal history review, once an offer has been extended and accepted.

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.