Service Delivery Center - EY Comply, Fund Administration, Accounting - Analyst

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management, Insurance, and Real Estate, Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!

As an Analyst, you will work in one of our Service Delivery Centers that is made up of high-performing US-based resources, who work closely with our experienced client serving professionals, to deliver project-based work and 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 (“PE”), 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 to address their most complex reporting and technology challenges. 

Your key responsibilities

• Understand Private Equity investment operations and fund financial reporting concepts
• Perform critical accounting activities, including recording capital calls, booking quarter-end valuations, and performing daily transaction processing
• Drive high-quality work products within expected timeframes and budget
• Assist with managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes
• Stay current on business and industry trends relevant to our clients, including the latest private equity fund structures and investment record keeping standards

Skills and attributes for success

• Understand processes and execute detailed procedures based on knowledge of fund accounting, controllership, investment books and records, and/or fund financial reporting
• Knowledge of private equity and Fund of Funds investment characteristics and the application of regulatory and financial reporting rules to those investments
• Ability to create and deliver client reporting in a fast-paced environment
• Understand operationally complex fund accounting and financial reporting concepts
• Develop relationships with team members across multiple geographic locations and time zones

To qualify for the role, you must have: 

• A bachelor’s degree in business, accounting, economics, finance, or related discipline
• Analytical skills, especially an understanding of accounting, transaction posting, and investment trial balance debits and credits, especially those related to the asset management industry
• Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders; based on critical thinking and problem-solving skills
• An interest in financial products and services, especially PE funds
• An interest in working in an environment which encourages continuous learning, development, and identification of opportunities for improvement of individual and team performance
• A willingness to work in team-based, hybrid office environment
• 2 years of relevant work experience

Ideally, you’ll also have

• Experience in financial statement reporting/analysis
• Effective leadership, project management, and organizational skills
• Experience with other software tools including Workiva for financial reporting, document management systems, workflow systems, and/or other relevant technologies

What we look for

You should be flexible and able to manage multiple responsibilities, including delivery of exceptional quality work to our clients. In addition, you’ll be a motivated self-starter, and will value sharing best practices with your colleagues and leaders.

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 own 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 field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

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