Service Delivery Center - EY Comply, Fund Accounting - Senior Manager

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

EY is the only professional services firm with a separate business unit, the Financial Services Organization (“FSO”) dedicated to the wealth and asset management, bank and capital markets, and insurance firms. Our FSO teams have been at the forefront of the most significant events that are reshaping and redefining the financial services industry.

You will work in one of our Global Delivery Centers, made up of high-performing international resources who work closely with our experienced client-serving professionals in the US to deliver managed services to our US-based Financial Services clients. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

The opportunity

You will play a key role in defining and reviewing how Private Equity, Private Credit, and Real Estate fund advisors meet regulatory, tax, and financial statement reporting requirements using our new, proprietary EY-developed technology platform. EY’s Accounting and Administration platform brings investment risk, transactional, and holdings data into a single platform for workflow management, transparency, and accountability. Top-tier fund managers are using the EY platform to lower their reporting costs and streamline their fund accounting and fund financial reporting processes. Join our team and assist leading fund advisors in addressing their most complex reporting and technology challenges.

Your key responsibilities

• Bring your innovative mindset and experiences to rethink the service delivery model for EY’s largest alternative asset management clients, focusing on delivering the highest-quality work products through new technology and a global delivery team
• Understand the intricacies of Private Equity (“PE”) and PE Fund-of-Fund investment operations, fund accounting, and fund financial statement reporting and serve as a subject matter resource for our most complex client engagements
• Partner with leaders within EY Comply to define and drive our overall team vision and develop an industry-leading fund accounting platform
• Build and foster the highest performing teams by inspiring, training, and coaching a diverse group of accounting professionals in multiple international locations
• Drive execution and high-quality work within expected timeframes and budget through oversight of multiple functional teams of managers and senior analysts
• Establish the strategic and tactical priorities for the team in response to existing and new client delivery requirements
• Review the team’s work products and deliverables before transmission to clients and provide coaching for improvement where applicable
• Identify and mitigate risks at the highest level of escalation and ensure key stakeholders are kept informed about progress and expected outcomes
• Partner with leading industry investment managers on how to operationalize their most complex product structures
• Innovate new processes for executing critical accounting functions, including capital activity, valuations, and transaction processing, by challenging industry standards
• Provide thought leadership on business and industry trends relevant to our clients, including the latest regulatory developments and industry practices for alternative fund structures
• Own key client relationships within Fund Controllership and Fund Financial Reporting across new and existing clients

Skills and attributes for success

• Ability to lead in a fast-paced, diverse, and inclusive team-oriented work environment, playing an active role in mentoring mid-management level resources
• Significant understanding of fund accounting processes, risks, and controls, as well as the ability to interpret and execute detailed accounting procedures
• Deep knowledge of the alternative asset management industry, including fund accounting, controllership, and/or fund financial reporting
• Mastery of Private Equity and Fund of Funds investment concepts and the application of regulatory and financial reporting rules applicable to complex products
• Proven client relationship management skills and comfort with client communications, especially with executives and/or C-suite stakeholders

To qualify for the role, you must have:

• A bachelor’s degree in business, accounting, economics, finance, or a related discipline
• A minimum of 8 years of work experience related to fund accounting, fund audit, fund financial reporting, and/or fund controllership
• Significant experience managing large teams and overseeing direct reports within an international organization
• Strong analytical skills, especially an understanding of connections between accounting systems
• Strong communication skills, including effective writing and presentations to executive clients and internal stakeholders
• Experience leading fund financial statement production cycles, including managing annual audits
• Effective leadership, project management, and organizational skills
• An interest in working in an environment that encourages continuous learning, development, and the identification of opportunities to improve individual and team performance
• A willingness to work in a hybrid in-office / remote working environment
• Ability to participate in travel to other domestic and global EY offices as needed
• Experience and desire to redefine ways of working, lead by example, and inspire your team to buy in and build their careers
• A willingness to travel approximately one trip per quarter, domestically or internationally, to support growth, training, and development of team resources

Ideally, you’ll also have

• CPA
• Experience with relevant software tools, including document management systems, workflow systems, investment accounting systems (eFront, Investran, Geneva, Lemon Edge) or other investment sub-ledger software
• Public accounting experience in audit or consulting

What we look for

You should be flexible and able to manage multiple responsibilities, including delivering exceptional-quality work to our clients. In addition, you’ll cultivate a high-performing and inclusive team atmosphere that values sharing best practices with colleagues and leaders. You will serve as a trusted advisor who advances our vision and strategy to be the best data-centric reporting solution provider in the industry.

• You have an agile, growth-oriented mindset. What you know matters. But the right mindset is just as important in determining success. We’re looking for people who are innovative, can work in an agile way and keep pace with a rapidly changing world.
• You are curious and purpose driven. We’re looking for people who see opportunities instead of challenges, who ask better questions to seek better answers that build a better working world.

• You are inclusive. We’re looking for people who seek out and embrace diverse perspectives, value differences, and team inclusively to build safety and trust. 

What working at EY offers

We offer a competitive compensation package, where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time-off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.

• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

About EY 

As a global leader in assurance, tax, transaction, and advisory services, we hire and develop the most passionate people in their fields to help build a better working world. This starts with a culture that believes in giving you the training, opportunities, and creative freedom to develop your career. Whenever you join, and however long you stay, the exceptional EY experience lasts a lifetime.

Join us in building a better working world. Apply now!