Alternative Investment Fund Accountant

Posted Yesterday
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Malvern, PA, USA
In-Office
Senior level
Fintech
The Role
Oversee private markets and alternative investment funds to ensure accurate, timely fund accounting and reporting. Partner with stakeholders and outsourced providers to strengthen controls, identify risks, drive process improvements, and support operational scalability and strategic initiatives.
Summary Generated by Built In

 Join Vanguard's Private Markets Fund Accounting Oversight team and help support the continued growth of our alternative investments business. Leveraging your fund accounting expertise, you'll partner with internal teams and external service providers to ensure accurate fund accounting and reporting while strengthening oversight and controls. This is an exciting opportunity to contribute to a high-impact team shaping Vanguard's future operating model for private markets through operational excellence, process improvement, and scalable solutions.

Responsibilities:

  • Oversee a suite of private markets and alternative investment funds, helping ensure fund accounting and reporting activities are accurate, timely, and well-controlled across internal teams and external service providers.
  • Partner with cross-functional stakeholders to identify operational risks, drive process improvements, and support the continued evolution of Vanguard's alternative investments operating model.
  • Manage relationships with outsourced fund accounting providers, monitor service delivery, and collaborate on initiatives that enhance efficiency, transparency, and scalability.
  • Execute oversight and control activities that support financial reporting integrity, mitigate risk, and strengthen governance across the Fund Ecosystem.
  • Analyze complex operational issues, provide insights and recommendations, and contribute to strategic initiatives that improve the client and crew experience.
  • Develop reporting and communications for business partners and leadership while fostering strong working relationships across internal and external stakeholders.
  • Support the implementation of operational plans, business priorities, and special projects that advance departmental and organizational goals.

Qualifications:

  • 5+ years of experience in fund accounting, fund administration, accounting, finance, audit, or a related financial services environment.
  • Experience working with investment products, fund operations, or alternative/private market investment structures preferred.
  • Strong understanding of financial controls, risk management, oversight processes, and operational governance.
  • Proven ability to manage relationships across multiple stakeholders, including external vendors and service providers.
  • Demonstrated success identifying process improvements, solving complex business challenges, and driving operational efficiencies.
  • Strong analytical, communication, and organizational skills with the ability to manage multiple priorities in a dynamic environment.
  • Bachelor’s degree in accounting, Finance, or a related field, or equivalent combination of training and experience.
  • CPA, CA, or other professional financial designations preferred.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Skills Required

  • 5+ years of experience in fund accounting, fund administration, accounting, finance, audit, or related financial services environment.
  • Experience working with investment products, fund operations, or alternative/private market investment structures.
  • Strong understanding of financial controls, risk management, oversight processes, and operational governance.
  • Proven ability to manage relationships across multiple stakeholders, including external vendors and service providers.
  • Demonstrated success identifying process improvements, solving complex business challenges, and driving operational efficiencies.
  • Strong analytical, communication, and organizational skills with the ability to manage multiple priorities in a dynamic environment.
  • Bachelor's degree in accounting, finance, or a related field, or equivalent combination of training and experience.
  • CPA, CA, or other professional financial designations.

Vanguard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.

  • Retirement Support Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
  • Wellbeing & Lifestyle Benefits Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
  • Affordable Benefits Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.

Vanguard Insights

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The Company
HQ: Malvern, PA
20,252 Employees
Year Founded: 1975

What We Do

We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.

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