SVP - Fund Administration

Job Description

***LOCAL CANDIDATES ONLY***

Senior Vice President – Fund Administration

Chicago, IL | Hybrid (2 Days Onsite / 3 Remote) | Contract-to-Hire

Compensation: $80-95/hour and up to $200k upon conversion (base salary)

Location: Downtown Chicago, conveniently located near Ogilvie Transportation Center

Start Date: ASAP

About the Opportunity

Our client, a well-established investment management and fund administration organization in downtown Chicago is looking to add to the leadership team a Senior Vice President of Fund Administration for a contract-to-hire opportunity. This is a highly visible leadership position responsible for overseeing fund accounting operations, managing client relationships, ensuring accurate financial and investor reporting, and leading a team of fund accounting professionals.

The ideal candidate brings deep fund administration expertise, strong technical accounting knowledge, and a collaborative, hands-on leadership style. This organization offers an excellent company culture, a supportive team environment, and the opportunity to make a meaningful impact on departmental operations and client service.

Key Responsibilities

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• Lead and oversee the Fund Administration department, providing direct supervision, mentorship, and development to a team of approximately six fund accounting professionals.
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• Manage fund accounting operations, including monthly and quarterly financial reporting, investor reporting, compliance, and client deliverables.
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• Serve as the primary point of contact for assigned fund administration clients, maintaining strong relationships and ensuring exceptional service delivery.
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• Review financial statements, fund accounting activity, reconciliations, distributions, and other reporting deliverables for accuracy and compliance.
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• Ensure adherence to GAAP, internal controls, regulatory requirements, and established fund administration policies.
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• Oversee the onboarding and administration of new investment funds, including fund structures, accounting requirements, and reporting processes.
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• Coordinate annual audits, tax reporting, and financial statement preparation with external accounting firms.
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• Collaborate with Treasury, Loan Servicing, and Corporate Accounting teams to oversee cash activity, distributions, fees, and intercompany transactions.
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• Identify opportunities to improve accounting processes, reporting efficiency, internal controls, and technology solutions.
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• Partner with senior leadership on operational initiatives, team development, and strategic improvements.
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Required Qualifications

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• 10+ years of specialized Fund Administration experience , including extensive fund accounting knowledge.
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• Proven leadership experience supervising and developing teams of six or more accounting professionals.
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• Bachelor's degree in Accounting, Finance, or a related discipline required.
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• Strong understanding of fund accounting, financial reporting, internal controls, and compliance requirements.
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• Experience managing client relationships and overseeing multiple fund administration engagements.
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• Proficiency in Microsoft Excel and Microsoft Office applications.
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• Excellent communication, organizational, and interpersonal skills.
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• Demonstrated ability to manage competing priorities in a fast-paced, deadline-driven environment.
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• Stable professional background with an interest in a long-term leadership opportunity.
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• Collaborative, approachable leadership style with a proactive, solutions-oriented mindset.
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Preferred Qualifications

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• CPA designation.
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• Experience with Entrilia or similar fund administration platforms.
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• Background in private credit, loan funds, or loan accounting.
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• Understanding of amortizing loans, loan servicing, fee tracking, and fund distributions.
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• Experience improving fund accounting processes through technology, automation, or operational enhancements.
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Why Consider This Opportunity?

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• Leadership Impact: Direct oversight of an established fund accounting team with opportunities to improve departmental processes.
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• Collaborative Culture: Join a close-knit Chicago office of approximately 25 professionals.
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• Long-Term Opportunity: Contract-to-hire position with the potential to transition into a permanent senior leadership role.
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• Convenient Location: Downtown Chicago office within walking distance of Ogilvie Transportation Center.
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