Assistant Manager- Capital Administration

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

Key Responsibilities

• Prepare and review monthly and quarterly waterfall and carried interest calculations, along with variance analysis for private equity and real estate funds.
• Read and analyze fund agreements to develop a strong understanding of fund structures and translate these structures into working models for accurate reporting.
• Develop expertise in CapAssure waterfall automation software, creating specifications to automate unique client waterfalls and improve efficiency.
• Analyze fund accounting data and properly configure the CapAssure system based on the specific data requirements of each fund.
• Act as a Subject Matter Expert (SME) to support fund administration colleagues and clients on waterfall and software-related inquiries.
• Own the timeline and calendar management for effectively managing client relationships, ensuring timely communication and deliverables.
• Own waterfall onboarding projects and manage associated timelines to ensure successful implementation.
• Able to initially manage 1-2 Analyst or Fund Accountants with potential for further team growth.
• Supervise and mentor a team of Analysts, as well as train new employees and provide direction and help prioritize the work of others.
• Work closely with members of the Financial Control, Client Service, Implementation, and Technology teams to streamline production processes and enhance policies and procedures.
• Provide on-the-job training (OJT) for a team of accounting and financial-reporting professionals, fostering a culture of continuous learning and development.
• Ensure strong internal and external communications regarding project status, issues, and expectations to maintain transparency and alignment.
• Review team deliverables to ensure accuracy, compliance, and alignment with client expectations.
• Demonstrate leadership skills by taking initiative in leading projects and providing valuable input to enhance team performance.

Must-Have Skills

• Minimum of 8+ years of relevant professional accounting and finance experience, including work experience at a fund administrator or an alternative investment firm.
• Experience with fund administration software such as Yardi, Investran, Allvue, or eFront.
• Proven experience in calculating private equity or real estate complex waterfalls including master, feeder and consolidated, JV, open and closed end fund structure.
• Excellent proficiency with Microsoft Excel, including advanced functions and data analysis techniques.
• Strong quantitative and analytical skills, with the ability to interpret complex financial data and provide actionable insights.
• Excellent communication and organizational skills, with a focus on detail and accuracy.
• Deadline-driven with the ability to work efficiently in a fast-paced team environment, managing multiple priorities effectively.
• Experience in providing on-the-job training (OJT) for team members, contributing to their professional growth and development.

Preferred Skills

• Experience in waterfall automation, with a focus on improving processes and reducing manual effort.
• Experience in running waterfall using any Automation tools.
• Familiarity with fund administration software such as Yardi, Investran, Allvue, or eFront.
• Knowledge of programming languages such as SQL, VBA, or Python to enhance automation capabilities.
• Experience with reporting tools like SSRS or Power BI to create insightful reports and dashboards.

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

Alter Domus is an Equal Opportunity Employer: Equity Statement

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: https://alterdomus.com/privacy-notice/)