Analyst/Senior Analyst

JOB DESCRIPTION:

Alter Domus is currently seeking a new Senior Analyst for Waterfall Automation to join our Fund Administration team in Hyderabad. The analyst will serve as a Subject Matter Expert (SME) in waterfalls and will be responsible for automating waterfall calculations using our proprietary CapAssure software. This is a great opportunity for a technology-savvy analyst or accountant to make a significant impact within our organization by enhancing operational efficiency and accuracy.

Key Responsibilities:

• Own the timeline and calendar management for effectively managing client relationships, ensuring timely communication and deliverables.
• Work closely with members of the Financial Control, Client Service, Implementation, and Technology teams to streamline production processes and enhance policies and procedures.
• Provide on-the-job training (OJT) for a team of accounting and financial-reporting professionals, fostering a culture of continuous learning and development.
• Ensure strong internal and external communications regarding project status, issues, and expectations to maintain transparency and alignment.
• Prepare and review monthly and quarterly waterfall and carried interest calculations, along with variance analysis for private equity and real estate funds.
• Read and analyze fund agreements to develop a strong understanding of fund structures and translate these structures into working models for accurate reporting.
• Develop expertise in CapAssure waterfall automation software, creating specifications to automate unique client waterfalls and improve efficiency.
• Analyze fund accounting data and properly configure the CapAssure system based on the specific data requirements of each fund.
• Act as a Subject Matter Expert (SME) to support fund administration colleagues and clients on waterfall and software-related inquiries.
• Review team deliverables to ensure accuracy, compliance, and alignment with client expectations.
• Demonstrate leadership skills by taking initiative in leading projects and providing valuable input to enhance team performance.
• Own waterfall onboarding projects and manage associated timelines to ensure successful implementation.

Must-Have Skills:

• Minimum of 2 to 7 years of relevant professional accounting and finance experience, including work experience at a fund administrator or an alternative investment firm.
• Proven experience in calculating private equity or real estate waterfalls using automation tools.
• Excellent proficiency with Microsoft Excel, including advanced functions and data analysis techniques.
• Strong quantitative and analytical skills, with the ability to interpret complex financial data and provide actionable insights.
• Excellent communication and organizational skills, with a focus on detail and accuracy.
• Deadline-driven with the ability to work efficiently in a fast-paced team environment, managing multiple priorities effectively.

Preferred Skills:

• Familiarity with waterfall automation processes, with a focus on improving efficiency and reducing manual effort.
• Experience with fund administration software such as Yardi, Investran, Allvue, or eFront.
• Basic knowledge of programming languages such as SQL, VBA, or Python to enhance automation capabilities.
• Experience with reporting tools like SSRS or Power BI to create insightful reports and dashboards.