SEI Investments Distribution Company (SIDCO) was incorporated in Pennsylvania in July 1981, and is a wholly owned subsidiary of SEI Investments Company. SIDCO is a broker registered with the Securities and Exchange Commission, the National Association of Securities Dealers, Inc., and securities commissions in all fifty states, the District of Columbia, and Puerto Rico. SIDCO also distributes shares in various regulated investment companies.
SIDCO’s Distribution Fee Accounting team records and pays all invoices including mutual fund fee related invoices.
The Accounting Team in SIDCO is responsible for the following:
· Financial and Regulatory Report for the Broker Dealer
· Maintenance of accounting and brokerage systems
· Maintenance of General Ledger Systems
· Client billing and accounts receivable management
· Mutual Fund distribution related payment process
· Internal control compliance
What you will do:
Assemble, review and verify Mutual Fund Fee related invoices, contracts, and T/A reports
Flag and clarify any unusual or questionable invoice charges
Calculation of 12b-1, Shareholder Servicing, Administrative and Advisor payment allocations
Process mutual fund fee related invoices in Great Plains Accounting System
Assist with making payments to intermediaries (Checks, Wires, ACH)
Reconcile mutual fund fee related receivable/payable transactions
Research and resolve invoice discrepancies and issues
Correspond with mutual fund clients and respond to inquiries
Provide supporting documentation for audits
Maintain accurate historical records
Participate in training opportunities to increase industry expertise.
Work on special projects as required
What we need from you:
BS/BA degree in Business, Accounting, Finance or related field
A minimum of 2 years of relevant work experience
Strong technical skills and experience working with various accounting and/or billing systems
Demonstrated experience in the Microsoft Office suite
Proficient in Microsoft Excel needed
Strong communication, organizational and problem solving skills
Ability to handle escalated issues thoroughly and professionally
General financial services knowledge
What we would like from you:
Ability to think and work independently as well as in a team environment
Ability to prioritize, multi-task and follow through with goals and objectives
Attitude of responsibility and accountability for accomplishing stated objectives
Ability to brainstorm and troubleshoot
Approach process improvements creatively and innovatively
Analytical, financial analysis, organization and planning skills
SEI’s competitive advantage:
To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.
Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more.
We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.
SEI is an Equal Opportunity Employer and so much more…
After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks.
SEI is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.
AI Acceptable Use in the application and interview process:
SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.
Skills Required
- BS/BA degree in Business, Accounting, Finance or related field
- A minimum of 2 years of relevant work experience
- Strong technical skills and experience working with various accounting and/or billing systems
- Demonstrated experience in the Microsoft Office suite
- Proficient in Microsoft Excel
- Strong communication, organizational and problem solving skills
- Ability to handle escalated issues thoroughly and professionally
What We Do
SEI® (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of June 30, 2021, SEI manages, advises or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
.png)
