Capital Administrator (Private Equity Funds)

Job Description

ABOUT US :

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

CAPITAL ADMINISTRATOR (Private Equity)

Alter Domus is looking for a Senior Capital Administrator to join our Private Equity team in  New york or Chicago!

JOB DESCRIPTION :

The Capital Administrator plays a critical role in the organization and is responsible for delivering AlterDomus' CapAdministrationSM  services to clients.  This position performs scheduled and ad-hoc activities which results in the allocation of distributions and capital account balances for private equity partnerships.   The position will maintain direct client communications and be responsible for overall client relationship.  In addition, the Captial Administrator will be the subject matter expert relating to the actual economics of client funds and individual limited partner capital balances. The Capital Administrator will also be responsible for managing internal teams that help support him / her in meeting client deliverables.

RESPONSIBILITIES :

Establish and maintain proficiency in the capital administration requirements of client partnerships.

Perform data exchange between client and Alter Domus environments

Execute and resolve GAAP-based reconciliation of fund general ledger to CapAssure’s GAAP ledger.

Define and account for client requested adjustments to CapAssure’s GAAP ledger.

Execute allocations of cash distributions and hypothetical fund liquidations.

Analyze, reconcile, validate and post allocation results to CapAssure.

Produce client reports and data extracts.

Communicate results to clients

Interact with client personnel at all levels of the organization for data acquisition, financial statement review and issue resolution. Work with internal quality assurance professionals and senior management within the firm to maintain high quality standards in a demanding environment.

Manage team of junior personnel

QUALIFICATIONS :

An understanding of Generally Accepted Accounting Principles and reporting methods

Knowledge of automated financial systems and accounting software

Experience with preparation of monthly and quarterly financial statements

Knowledge and experience with Microsoft Word, PowerPoint and Access

Excellent proficiency with Microsoft Excel

Strong quantitative and analytical skills

Strong communication skills and an ability to independently interact with client personnel

Ability to perform multiple tasks simultaneously in a team environment with minimal supervision

Relevant professional accounting and finance experience including, but not limited to, work experience at a fund administrator or an alternative investment firm

Financial services industry experience

Knowledge of Private Equity Fund accounting

Ability to multi-task while maintaining careful attention to detail

Ability to work effectively both individually and within a team environment

Ability to work with a sense of urgency to meet deadlines and address competing priorities

Can manage teams and mentor junior staff

Budget salary for this role 85,000-100,000

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WHAT WE OFFER :

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include :

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24 / 7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

Equity in every sense of the word :

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.

We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.

We are committed to ensuring a welcomling recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer : All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage : -notice / )

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