Fund Accountant

Founded in 1956 by the Pew family to manage their charitable assets, Glenmede is among the nation's leading investment and wealth management firms. The company oversees $44.2 billion of assets under management (as of 12/31/2023), for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Florida, New Jersey, New York, Ohio, Pittsburgh and Washington, DC. For further information, please visit http://www.glenmede.com.

This position will operate in a hybrid work environment, 3 days per week in the office (Philadelphia, PA).

Overview:The primary function of the Private Investments Fund Accountant is to be a key contributor on the Alternative Investment Services team supporting the non-marketable alternative assets for the firm. The role will focus on the administration of private equity and hedge fund holdings, encompassing capital activity, quarterly financial reporting, annual audits, and tax deliverables. The role is also responsible for pricing hedge funds and private equity holdings using external partner capital statements and year-end audited financial statements.

Responsibilities:Private Investment Administration. Liaise with external administrator and review quarterly financial packages. Pricing of private equity holdings using external partner capital statements and year-end audited financial statements. Facilitate the processing of transaction activity including reconciliation of all monthly activity on Glenmede systems.Audit & Tax Preparation of Glenmede Private Investments. Support year-end audit and tax prep of Glenmede Private Investment Funds. Coordinate requests from external auditors and tax teams to ensure timely completion of deliverables. Partner with internal teams to support OCC and SOC 1 audit requests relating to Private Investments held in Glenmede client accounts. Client Services. Communication with external managers to facilitate client onboarding of private investments to Glenmede. Management of external administrator deliverables and reporting to Glenmede relationship managers and investors.Firm building and initiatives. Management of various yearly tax initiatives and investor deliverables. Active engagement in department-specific and firm-wide initiatives in order to expand capabilities, create solutions to unmet business needs, improve client experience, or develop more efficient processes. Ability and willingness to contribute to the advancement of team, office and business capabilities. Other duties as required by the position.

Required Qualifications: Bachelor’s degree required4+ years of experience in financial services supporting administration of Private Equity investmentsExperience supporting annual audit and tax engagements Deep knowledge of Private Equity Fund Accounting, Valuation, and Administration processesStrong interpersonal skills, including clear verbal and written communication Preferred Qualifications:CPA a plusFund accounting experience supporting real estate and hedge fund holdingsExperience using DocuSign, Salesforce, or other CRM systems

Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics. https://www.glenmede.com/equal-opportunity-employer/

• * We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.