Cedent Consulting
Team Lead, Private Equity Accounting
Cedent Consulting, Chicago, Illinois, United States, 60290
Title:
Team Lead, Private Equity Accounting @ Chicago, ILTerms of Hire:
Full Time.Salary:
$82,000–$95,000 /YR + Benefits.
Job Description:Day-to-day management responsibilities for a Private Capital Administration Team Lead include coordinating client service deliverables/projects, organizing the work of the team, assigning tasks, setting short-term priorities, and ensuring timely and accurate completion of tasks. Interact with PE Fund clients directly and manage issues and client expectations, if necessary. Possesses the knowledge, leadership, and organizational skills required to prioritize assignments and provide feedback to staff. Additional responsibilities include performance management, supporting career development efforts, including enforcing, remediating, and escalating risk and client issues. Candidate will be able to operate independently and may be requested to work on large and/or complex projects/initiatives as needed.Major Duties:Set day-to-day management responsibilities for the private equity accounting/client service deliverables team by assigning, coordinating, delegating assignments and tasks.Develop periodic goals, organize the work of the team, monitor all activity, and ensure timely and accurate completion and delivery of the work.Set performance management expectations and support career development efforts including providing feedback to staff and, if necessary, develop corrective priorities.Be technically competent regarding complex, extensive, high-profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, management fees, investment purchases, divestments, carried interest calculations, etc., ensuring they are executed according to the LPA and standard accounting policies and procedures. This may require direct interaction with external senior investment management/principals and/or CFOs, Controllers, CCOs.Provide input, maintain, and monitor departments risk management and compliance programs for assigned team. Monitor client relationship and servicing activities to ensure the team is adhering to the client’s service level agreement.Establish and cultivate working relationships with clients and partners. Act as a key communicator between the client and client service teams for the deliverables and servicing activities. Understand client needs and review service requests to ensure the request has adequate information for a successful implementation.Coordinate and participate in training presentations regarding area’s products and services with partners and conduct on-the-job training with staff.Ensure that all necessary client documentation is completed according to audit guidelines.Monitor turnaround times so that product/services are provided by due date.Monitor and verify account setup, maintenance, and services for accuracy and completeness.Review all bespoke, non-standard procedures for account processing.Provide management updates on transactions, including statistics on volume, productivity, new developments, service, and sensitive issues on a regular basis.Complete department and individual Key Performance Indicators per established procedures.Provide input and assist in implementing new technology and efficiency initiatives.Qualifications:Knowledge/Skills:
This position is technical and service relationship-oriented. Knowledge of private equity fund industry, products, and services for specified area, usually obtained through training and/or related work experience, is critical and required to service clients. Communication and negotiation skills are required to ensure client satisfaction. Analytical skills are required in reviewing, researching, and resolving issues surrounding accounting and financial aspects across transactional and summary levels. Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff.Experience:
3-4 years of accounting/securities operations experience and 5-6 years private equity fund accounting/administration experience with demonstrated growth of responsibility is a must with a minimum of 3 years client servicing or related experience. We are looking for individuals who have supervisory skills, the ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility. The ideal candidate will have a formal education in accounting and/or related business degree, understand the complexities of the private equity markets via past experience, and be well acquainted with Investran and MS Suite of Systems (Excel/Access/Word) (intermediate/advanced level).You Will Enjoy:An opportunity to be a part of a great culture, an awesome team, a challenging work environment, and some fun along the way!Apply today to learn more and be part of our Growth story.All applications will be kept strictly confidential and once shortlisted, our team will be in touch with you for further discussions.Department:
ScoutThis is a full-time position.
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Team Lead, Private Equity Accounting @ Chicago, ILTerms of Hire:
Full Time.Salary:
$82,000–$95,000 /YR + Benefits.
Job Description:Day-to-day management responsibilities for a Private Capital Administration Team Lead include coordinating client service deliverables/projects, organizing the work of the team, assigning tasks, setting short-term priorities, and ensuring timely and accurate completion of tasks. Interact with PE Fund clients directly and manage issues and client expectations, if necessary. Possesses the knowledge, leadership, and organizational skills required to prioritize assignments and provide feedback to staff. Additional responsibilities include performance management, supporting career development efforts, including enforcing, remediating, and escalating risk and client issues. Candidate will be able to operate independently and may be requested to work on large and/or complex projects/initiatives as needed.Major Duties:Set day-to-day management responsibilities for the private equity accounting/client service deliverables team by assigning, coordinating, delegating assignments and tasks.Develop periodic goals, organize the work of the team, monitor all activity, and ensure timely and accurate completion and delivery of the work.Set performance management expectations and support career development efforts including providing feedback to staff and, if necessary, develop corrective priorities.Be technically competent regarding complex, extensive, high-profile transactions surrounding all PE Fund activity e.g. capital calls, distributions, management fees, investment purchases, divestments, carried interest calculations, etc., ensuring they are executed according to the LPA and standard accounting policies and procedures. This may require direct interaction with external senior investment management/principals and/or CFOs, Controllers, CCOs.Provide input, maintain, and monitor departments risk management and compliance programs for assigned team. Monitor client relationship and servicing activities to ensure the team is adhering to the client’s service level agreement.Establish and cultivate working relationships with clients and partners. Act as a key communicator between the client and client service teams for the deliverables and servicing activities. Understand client needs and review service requests to ensure the request has adequate information for a successful implementation.Coordinate and participate in training presentations regarding area’s products and services with partners and conduct on-the-job training with staff.Ensure that all necessary client documentation is completed according to audit guidelines.Monitor turnaround times so that product/services are provided by due date.Monitor and verify account setup, maintenance, and services for accuracy and completeness.Review all bespoke, non-standard procedures for account processing.Provide management updates on transactions, including statistics on volume, productivity, new developments, service, and sensitive issues on a regular basis.Complete department and individual Key Performance Indicators per established procedures.Provide input and assist in implementing new technology and efficiency initiatives.Qualifications:Knowledge/Skills:
This position is technical and service relationship-oriented. Knowledge of private equity fund industry, products, and services for specified area, usually obtained through training and/or related work experience, is critical and required to service clients. Communication and negotiation skills are required to ensure client satisfaction. Analytical skills are required in reviewing, researching, and resolving issues surrounding accounting and financial aspects across transactional and summary levels. Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff.Experience:
3-4 years of accounting/securities operations experience and 5-6 years private equity fund accounting/administration experience with demonstrated growth of responsibility is a must with a minimum of 3 years client servicing or related experience. We are looking for individuals who have supervisory skills, the ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility. The ideal candidate will have a formal education in accounting and/or related business degree, understand the complexities of the private equity markets via past experience, and be well acquainted with Investran and MS Suite of Systems (Excel/Access/Word) (intermediate/advanced level).You Will Enjoy:An opportunity to be a part of a great culture, an awesome team, a challenging work environment, and some fun along the way!Apply today to learn more and be part of our Growth story.All applications will be kept strictly confidential and once shortlisted, our team will be in touch with you for further discussions.Department:
ScoutThis is a full-time position.
#J-18808-Ljbffr