Senior Fund Accounting Supervisor

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?

About the Team

The Fund Administration team is a growing, fast-paced business unit responsible for maintaining direct client relationships, as well as the day-to-day accounting and administration of open and closed-end funds managed by clients.

What You Will Be Doing

• Prepare period-end financial packages including investor statements for private equity funds
• Prepare period end financial statements and all associated disclosures under GAAP and IFRS
• Manage overall client relationships interacting with fund financial controllers.
• Service as escalation point for clients ensuring client satisfaction and resolving any issues raised by clients staff
• Develop and ensure execution of action plans for remediating client issues as required
• Liaise with internal Virtus from FIS groups, vendors, and other third-parties to ensure service levels impacting assigned clients are adequate.
• Act as key point of contact for clients, auditors and other third parties for a defined portfolio of funds
• Supervise staff and ensuring deliverables are prepared accurately and timely.
• Review offering documents and agreement ensuring that funds are setup in accordance with the fund documents
• Provide Subject Matter Expertise with respect to closed-end fund accounting and financial reporting for platform enhancements and technology development
• Assist with client onboarding which includes, but not limited to, loading of client's tax lots, cash balance and trial balance onto the accounting platform
• Assist in year-end audit by providing backup documentation for sampling selected by client's auditors
• Prepare expense budget analysis and perform expense calculations
• Maintain daily and monthly accounting records
• Process capital commitments, calls, and distributions
• Coordinate the preparation and distribution of the investor capital statement
• Perform ad-hoc functions related to fund requirements
• Ensure client month-end and reporting deliverables are satisfied
• Work closely with clients to resolve inquiries and ensure client satisfaction

​What You Bring

• Bachelor's degree in Finance, Accounting, or related field, or equivalent combination of education, training, and work experience
• Typically, 5-7 years of experience with financial statement preparation and private equity accounting, plus at least one year of experience in a leadership role
• Knowledge of securities and fixed income assets
• Working knowledge of accounting systems (Geneva, VPM) and allocations (Investran) …