Alternative Investments Supervisor

Elavon, Inc. • Hackensack, NJ

1d • Onsite

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One. As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other. Job Description Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Prepare or review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement. Prepare or review management fee calculations and supporting schedules. Prepare or review work paper files for accuracy and completeness, including capital activity, income and expense accruals and investment activity.

Requirements

• Bachelor's degree in accounting, finance or related field, or equivalent experience
• Five or more years of experience in alternative investments industry

Nice To Haves

• Working knowledge of Microsoft Office products
• Basic knowledge of Advent applications preferred
• General knowledge and understanding of portfolio accounting and the investment management industry
• Excellent verbal and written communication skills
• Proven team-oriented, leadership and organizational skills
• CPA or CFA certification preferred

Responsibilities

• Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers.
• Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments.
• Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs.
• Prepare or review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement.
• Prepare or review management fee calculations and supporting schedules.
• Prepare or review work paper files for accuracy and completeness, including capital activity, income and expense accruals and investment activity.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Manager