Senior Capital Administrator

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 85,000-110,000

WHAT WE OFFER:

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

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