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JTC Group · 8 hours ago

Senior Manager - Fund Services

St Louis, MO

Full-time

Hybrid

Senior Level, Lead/Staff

8+ years exp

JTC Group is committed to fostering a healthy and inclusive organization. The Senior Manager - Fund Services will administer a client portfolio, supervise a team, and ensure compliance with contractual and statutory obligations while managing investor servicing and accounting for private equity and real estate funds.

ConsultingFinanceFinancial ServicesReal Estate

Responsibilities

Supervises a team and is responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate funds

Reviews and approves general ledger activity for investor-level, fund-level, and investment-level transactions

Reviews and approves investor subscription documentation and follows AML/KYC procedures

Responsible for daily cash activity, wire transfers and bank reconciliations

Reviews and approves quarterly accounting packages, including partner allocations

Manages and trains junior members of the team, including hiring decisions and performance appraisals

Serves as US GAAP subject matter expert and monitors FASB guidance for incorporation into procedures

Reviews and approves US GAAP financial statements and partner capital statements

Ensures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreements

Reviews and approves investor capital call and distribution notices

Manages relationship with clients’ external auditors during year-end audits

Interacts with clients on day-to-day matters as well as on ad-hoc queries

Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation

Manage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimise write-offs

Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation

Adhere to CPD requirements in accordance with qualification level and in-house procedures

Adhere to the JTC core values and expected behaviors

Any other duties as deemed necessary by Management

Qualification

Private equity experienceFund administration experienceUS GAAP expertiseMS Office proficiencyAnalytical skillsCommunication skillsAttention to detailProblem solving skillsOrganizational skills