Senior Fund Operations Manager

1 week ago


Iselin, New Jersey, United States The Ladders Full time
Company Overview

The Ladders is a leading service provider in the alternative asset sector, specializing in comprehensive support for various investment funds. We collaborate with fund managers across a wide range of services, including fund launches, administration, compliance, and operational support tailored to the needs of hedge funds and private equity firms. Our expanding client base is increasingly leveraging our diverse service offerings.

Position Overview

As a Senior Manager, you will engage directly with top-tier private equity and hedge fund clients, guided by our seasoned team of industry experts. Your role will involve facilitating our service offerings through the following responsibilities:

Key Responsibilities:
  • Assist client leads in managing multiple hedge and private equity funds across various sectors.
  • Oversee team functions to meet client expectations and ensure timely delivery of services as per the defined agreements.
  • Maintain a thorough understanding of partnership agreements and apply their terms to financial reporting and allocations.
  • Review financial entries, management fees, investor allocations, and various financial calculations.
  • Ensure accuracy in daily reconciliations between client records and their brokers.
  • Coordinate the distribution of capital call and distribution notices to clients and investors.
  • Evaluate monthly NAV packages and update accounting systems as necessary.
  • Review financial statements and supporting documentation.
  • Manage year-end processes and liaise with external auditors and tax professionals.
  • Assess operational processes and recommend improvements.
  • Handle routine client inquiries and fulfill ad-hoc requests.
  • Prioritize tasks effectively to meet competing deadlines.
  • Mentor and develop junior team members.
  • Prepare and review quarterly assessments for clients.
  • Lead the onboarding process for new clients.
Qualifications:
  • Over 10 years of progressive experience in hedge/private equity, public accounting, or a combination of both.
  • Strong analytical and technical skills with expertise in accounting for alternative investment funds.
  • Bachelor's degree in Accounting is required.
  • Experience in leading and developing teams.
  • Demonstrated ability to provide exceptional client service.
  • Proficient in collaborative teamwork and constructive feedback.
  • Capacity to produce high-quality work with meticulous attention to detail.
  • Adept at managing multiple priorities and deadlines.
  • Effective communication skills, both written and verbal.
  • Willingness to work overtime as necessary to meet deadlines.
  • Advanced knowledge of relevant software tools is preferred.
Compensation:

Salary is commensurate with experience and location, along with a comprehensive benefits package.

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