What are the responsibilities and job description for the Mutual Fund Accounting Analyst position at SEI?
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:
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.
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
- 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
- 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
- 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
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.