Fund Administration Analyst at AllianceBernstein (Nashville, TN)

| Nashville, TN
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We are seeking a Nashville, TN based Fund Administration Analyst to join our Accounting Team in Global Fund Administration.

The Global Fund Administration department is responsible for the oversight of approximately 600 pooled vehicles domiciled in the US, Luxembourg, Cayman Islands, as well as other global locations across the world. We oversee the day to day Net Asset Value calculation as well as the regulatory and client reporting requirements as required on a product by product basis. The candidate should have a proficient knowledge of mutual fund accounting. The job requires knowledge of tax issues, SEC regulations, financial reporting and the use of spreadsheets. It also requires excellent analytical skills, communication skills, organizational skills, and problem-solving skills. The knowledge and skills required are acquired through the completion of a college education as well as experience in the mutual fund industry. The candidate should demonstrate proficiency in standard desktop applications (excel, word, outlook, etc).

The Fund Administration Analyst plays a key role in the administration of the day to day activities of pooled vehicles for the Global Fund Administration department. The candidate will play an integral role in ensuring the requirements of our internal and external customers are managed efficiently and effectively as we look to provide "Best in Class Service" to our customers.

Describe the applications and business or enterprise functions the role supports:

This role supports the firm's pooled vehicles and GFA overseas all pooled products for the firm. The GFA team supports our global customers' information needs by supplying timely and accurate data that support various critical functions.

The key job responsibilities include, but are not limited to:
  • Ensure Fund Compliance with IRS, SEC, CSSF and other regulatory bodies
  • Prepare/Review reports and schedules for Internal Customers (Portfolio Managers, Marketing, Legal, etc.
  • Support product development initiatives, with focus on regulatory compliance & advising on tax issues
  • Assist in overseeing the delegated functions from AB to 3rd parties, such as accounting, administration, audit & tax reporting, etc
    • Assist in audit coordination and Shareholder Report review
    • Prepare income analysis for Dividend Committee Meetings
    • Review expense analysis as well as creating new budgets
    • Resolve operational problems or issues
    • Review and understand various fee calculations (management, distribution, servicing, and for alternative funds - incentive and/or waterfall calculations )
    • Analyze NAV Calculations for accuracy
  • Recommend and participate in the implementation of changes and enhancements to the department
  • Keep management informed of any problems that arise on assigned funds
  • Assist on special projects as needed
  • Process Improvements.
  • Document procedures.
    • Reply to client requests


What makes this role unique or interesting?

The role does not entail performing day to day accounting, which can become redundant and mundane whereas our role is more dynamic and analytical in nature. Additionally, the vast line of products we have within GFA, should provide you with great exposure and experience you normally will not see within a fund complex

What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?

The oversight nature of this role allows a candidate to take their accounting knowledge to become more analytical in nature. We have a vast array of product types for candidates to learn over time and we are a department that prefers to promote from within when the opportunity arises.

Job Qualifications (The ideal candidate should have the following):

The ideal candidate should have a minimum of 3 years of experience in the mutual fund or finance industry as well as a 4 year degree in a business field (preferably accounting or finance related).

Skills:

The candidate should have a proficient knowledge of mutual fund accounting. The job requires knowledge of tax issues, various jurisdictional regulations (SEC, Lux/UCITS, Cay, Delaware Partnerships, etc), financial reporting and the use of spreadsheets. It also requires excellent analytical skills, communication skills, organizational skills, and problem-solving skills.

The knowledge and skills required are acquired through the completion of a college education as well as experience in the mutual fund industry.

Special Knowledge:

The candidate should demonstrate proficiency in standard desktop applications (excel, word, outlook, etc). Knowledge of various reporting requirements (RIC, Lux, Partnership, etc), financial reporting experiences and any alternative product knowledge is a plus. Candidates with process management/improvement experience is preferred.

Location: Nashville, TN

As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients' most valued asset-management partner.

With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to clients, we're looking for unique voices to help lead us forward. If you're ready to challenge your limits and build your future, join us.
Nashville, Tennessee
More Information on AllianceBernstein
AllianceBernstein operates in the Fintech industry. The company is located in New York, NY, Nashville, TN and San Antonio, TX. AllianceBernstein was founded in 1967. It has 4847 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 5 open jobs at AllianceBernstein, click here.
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