Service Delivery Center - EY Comply - Ops Support, Accounting Reference Data - Senior

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We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.  Join EY and help to build a better working world.

 

SDC Fund Administration Senior Analyst/EY Comply – “Operations Support: Accounting Reference Data”

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!

 

The opportunity

As a Senior 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!

 

You will play a key role in defining and reviewing how Private Equity (“PE”) Fund advisors meet regulatory, tax, and financial statement reporting requirements, using our new, proprietary EY-developed technology platform. Top tier PE fund managers are assessing and onboarding to the EY platform, which brings together investment risk data, transaction, and holdings data into a single platform for workflow management, transparency, and accountability to lower reporting costs and streamline their fund accounting and fund financial reporting processes. Join our team and assist leading PE fund advisors to address their most complex reporting and technology challenges.

 

Your key responsibilities

• Understand the intricacies of PE funds and how their unique features and entity structures translate into daily accounting requirements.
• Utilize the Investran Accounting Platform to store fund, investor, and investment-related reference data necessary for ongoing Accounting Operations teams. 
• Execute Investran processes for partner transfers, investor closes, accounting period closes, investor reporting, and other PE-related accounting operations.
• Participate in activities needed to record data related to fund events, including fund launches, liquidations, and pipeline monitoring.
• Accounting Book of Record (“ABOR”) maintenance activities including GL account and transaction type creation and review, including related policies and procedures.
• Review journal entries and related support documents for quarterly fund valuation entries.
• Review the work of other team members with diverse backgrounds to ensure accuracy and completion according to regulatory reporting policies and procedures.
• Drive high quality work products within expected timeframes and budget. Monitor progress, manage risks, and ensure leadership is kept informed about progress and expected outcomes.
• Resolve any exceptions/negative trends in Reference Data Operations and continuously develop and implement possible solutions to streamline existing processes.
• Bring strong attention to detail, problem solving and critical thinking to ensure work is complete and accurate and escalate issues to leadership when appropriate. 

 

Skills and attributes for success

• Strong understanding of Investran Accounting Platform and its functionalities, demonstrating the ability to leverage its capabilities effectively within EY’s operational framework.
• Solid understanding of PE fund operations and asset management industry.
• Exhibits a proactive approach to exploring various features and tools within Investran, identifying innovative ways to apply them for reference data management and optimization.
• Demonstrates advanced profici