Client Accounting Supervisor - Alternatives

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships.  We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

As Client Accounting Supervisor within the Alts group, you will lead the client service accounting team to achieve overall client satisfaction and serve as a point of escalation for complex issues.  As a supervisor, you will be responsible for managing and mentoring 2-4 Client Service Representatives and Senior Client Service Representatives, as well as interacting with external alternatives client contacts.  You will be expected to participate in client conversations and understand alternative investment concepts related to one or more of the following alternatives industry segments: hedge, private equity, private debt, and/or real estate funds. 

As a member of the Alternatives Client Service Group, you will help clients improve performance in all aspects. You will serve as a vital conduit between your team and your clients to ensure we meet their differentiated needs and exceed their expectations. The high level of external and internal interaction will enable you to continuously challenge yourself, sharpen your critical thinking skills and play a critical role in the growth of the firm.

To be successful, you’ll need to:

• Be attentive to your team and your clients. Take time to really listen to your client’s needs, understand their goals and how you can improve their experience.

• Demonstrate a goal-oriented focus. As a supervisor, you will need to set goals for your team and empower each team member to meet objectives on an individual and team level.

• Be efficient and effective. In a fast-paced environment, having the focus and motivation to get things done is crucial.

 Key responsibilities include:

• Prepare, review and approve monthly and quarterly NAV packages and allocations for funds investing in equity, fixed income, fund-of-PE-funds, fund-of-hedge-funds, private debt, syndicated debt, private equity, real estate funds, OTC and various other financial instruments

• Reconcile transaction details and balances from the general ledger to third party supporting documentation including, underlying fund investment capital statements, private loan documents, prime brokerage statements, Markit WSO reporting, and client’s supplemental reporting

• Work with clients to solve complex problems, including but not limited to equalization, IRR calculations, management fee calculations, and waterfall/carry calculations

• Assist in providing support towards year-end fund financial statement audit, regulatory reporting and tax preparation services

•  Work closely with the BBH Alts financial reporting team during the quarterly and annual cycle

• Prepare and review investor capital call and distributions

• Aid in enhancing and enacting new policies, procedures and internal controls, including implementation of new technology tools and updates to associated procedural guides

• Oversee and ensure training and cross training of employees on relevant job functions to develop breadth and depth of knowledge.

• Provide ongoing feedback and coaching to staff to improve individual performance, including BBH’s annual performance review process.

• Assist in implementing the coordination of new business and product implementations and conversions.  

Qualifications:

• BA/BS degree in a business-related field

• 3+ years of Alternatives Fund Accounting, Global Custody, and/or Transfer Agency preferred.

• Supervisory experience preferred but not required

• Detailed knowledge in one or more of the following alternatives industry segments: Hedge Funds, Public/Private Debt Funds, Private Equity, or Real Estate Funds.

• Highly proficient with Excel

• Working knowledge of WSO and/ or STAR preferred

Salary Range

$65,000 - $90,000 base salary + annual target bonus

BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with