Job Summary
Manages and coordinates alternative fund administration for internal fund strategies. Works with outside fund administrator to deliver timely reporting on NAV packages, capital calls, and financial reports. Can operate independently (with minimal direction) in owning the relationship with outside administrator and external fund contacts. Will have the ability to resolve issues and implement controls. Will work with investment team to provide performance attribution, fact sheets, and participate in initial and ongoing due diligence.
Job Duties and Responsibilities
Oversee end-to-end fund administration activities and detail-oriented fund administration activities for assigned Fund of Funds vehicles, ensuring timely and accurate reporting.
- Review NAV packages, capital statements, distribution notices, and financial reports from underlying fund managers.
- Coordinate capital calls, distributions, and cash management activities, working closely with internal teams and external administrator(s).
- Maintain and reconcile investor-level data, commitment schedules, capital activity, and waterfall calculations.
- Assist investment team with due diligence and investment committee preparation.
- Support audits, tax filings, and regulatory reporting by preparing materials, addressing inquiries, and ensuring deadlines are met.
- Analyze underlying fund performance, exposures, valuations, and liquidity to support portfolio reporting.
- Develop and maintain procedures, internal dashboards, trackers, and process improvements to enhance operational efficiency.
- Assist in onboarding new funds, managers, and service providers.
- Adhoc projects and responsibilities as assigned by management
- Performs other related duties as required.
The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Synovus is an equal opportunity employer committed to fostering an inclusive work environment.
Qualifications
Minimum Education:
- Bachelor's degree in Business Administration, Accounting, Finance, Economics or a related field.
Minimum Experience:
- 3-5 years of relevant experience in fund administration, fund accounting, investor reporting, or operations - preferably within fund-of-funds, private equity, real assets or hedge fund structures
Required Knowledge, Skills, & Abilities:
- Strong organizational skills and ability to develop, improve, and manage processes. Ability to identify key insights from detailed information.
- Excellent analytical, communication, and organizational skills with a high level of accuracy and attention to detail.
- Strong understanding of fund structures, partnership accounting, capital flows, and NAV processes.
- Ability to manage multiple priorities, meet deadlines, and collaborate effectively across teams.
- Proficiency in Excel; experience with portfolio or fund accounting systems is a plus.
