Responsibilities:- Serve as the day-to-day engagement manager for fund administration engagements with a strong focus on private equity clients
- Manage all aspects of the engagements including, capital calls, distributions, wires/cash management, quarterly reporting, and year end reporting
- Manage, train and develop the Fund Services Plus team to assist with fund accounting, operational, and reporting deliverables
- Liaise with leadership from our offshore affiliates and help coordinate the activities of the offshore team relating to Fund Services Plus fund administration engagements
- Educate the US team on the various critical aspects in servicing fund administration clients
- Heavy interaction with the clients to ensure all deliverables are met
- Become an expert user in the firm's fund administration technology platforms
- Play an important role in quality control and ensure the implementation/adherence to policies and procedures for fund administration
- Manage/assist in the review and preparation of the work paper supporting schedules for financial statement accounts
- Coordinate fund level operating activities subsequent closes, fee calculations, including credit facility maintenance, deal funding, and investor funding
- Coordinate with both internal and external auditors with all aspects of the annual audit
- Manage/assist in the maintenance and review of the waterfall data and the development of carried interest calculations/models
- Work with Legal and Compliance team to ensure compliance with various fund policies and procedures
- Responsible for the prompt response to investors' requests
- Play a significant role in the onboarding process, including the design for client onboarding 'center of excellence' for onboarding new Advisors/Funds
- Assist with the testing and implementation of initiatives to improve and streamline fund accounting functions
Qualifications:RSM seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
- 7+ years of relevant fund accounting or fund administration experience, including experience leading engagements or teams serving private equity, real estate, or other alternative investment funds
- Well versed in interpreting /applying the financial and operational terms of Limited Partnership Agreements for private equity funds
- Undergraduate degree in Accounting, Finance, or a related field required; graduate degree, CPA, and/or CA preferred
- Proficient knowledge of Microsoft Office Suite (Excel, Word, PowerPoint)
- Strong proficiency with fund accounting and fund administration platforms such as Allvue, Investran, eFront, Yardi, or similar systems
- Yardi experience preferred for roles supporting real estate fund clients
- MRI experience is a plus for roles supporting real estate fund clients
- Possesses a strong work ethic, personal and professional integrity, and a positive attitude
- Strong oral and written communication and influencing skills
- Ability to work in a dynamic, fast-paced environment and handle multiple projects
- Strong analytical skills, detail oriented and highly organized
- undefined
At RSM, we offer a competitive benefits and compensation package for all our people. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.
We believe flexibility and in-person connection both play an important role in how we work and grow. Most roles at RSM follow a hybrid workstyle, which means team members are aligned to an RSM office and come together in person when it best supports clients, teams, development or relationship-building. Some roles may be virtual or primarily on-site based on role requirements, team priorities and client needs.
At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.
Compensation Range: $119,100 - $239,300
Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.
