Fund Accounting Treasury Manager

Job Description

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world's investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

This position is a dynamic hands-on opportunity for individuals that want a challenge, and the rewards associated with the work. It is an opportunity to be a part of a new team and function that will have a significant impact on the Fund Accounting team and the Firm. The Treasury Operations team will focus on the cash operations, liquidity management, cash forecasting, capital activity, and all related treasury functions on StepStone managed vehicles.

This person will be instrumental in designing and implementing processes and technology enabled treasury solutions that will leverage the team to be more efficient and scalable. This role will foster their personal development as well as developing job-related skills while facilitating a collaborative working environment.

The person will work directly with the FA leadership teams as they build out the processes and platform of the Treasury Operations team. This person will need to think creatively to develop fresh approaches to challenges and will develop exceptional project management skills.

Essential Job Functions:

Oversee the maintenance of the Treasury Management System

Oversee all day-to-day related cash activity functions across Asset Classes

Troubleshoot any daily cash activity issues

Management of the day-to-day operations, including:

Mentoring and training

Review work prepared by analysts

Coordinate deliverables and ensure deadlines are met

Preparation of performance review and goal setting

Develop training tools and written processes

Provide guidance on Treasury best practices

Provide cash projections and other monitoring tools needed for the Fund Accounting team to manage the Funds which will include cash positioning and tracking the inflows/outflows of underlying investment activity

Capital management, including determining the timing of Fund capital activity in consultation with the Fund Accounting and Investment Operations teams

Coordinate capital activity with the third-party fund administrators

Execute capital activity including reviewing allocations, drafting notices and reviewing notices and ILPA templates

Credit Facility tracking and reporting

Manage and execute daily treasury activities, including but not limited to, approving wires, preparing line of credit draws and repayments and approving templates

Assist in the FX hedging process with the respective asset class teams

Confirmation and maintenance of LP wiring instructions, new vendors, and underlying general partners to the StepStone managed Funds

Review vendor invoices and prepare the allocations to funds

Review fund legal agreements to determine allowable expenses

Review invoices against contracts and engagement letters from outside vendors

Reconcile payables and receivables between funds and corporate accounting records

Build reference tools and process documents to support the fund expense allocations

Daily management of the Accounts Payable and Treasury mailbox

Identify and recommend any treasury related process improvements along with developing and supporting treasury policies, procedures and controls

Monitor and oversee bank account services including bank account administration, evaluate and make recommendations on banking products and services, while maintaining strong relationships with our banking partners.

Support special projects and acquisitions as assigned and needed

Qualifications:

Bachelor's degree in Finance, Economics, Accounting or a related field

3-4 years of private market industry experience in Fund Accounting or treasury management

Project management experience

Required Knowledge, Skills, and Abilities:

Strong managerial skills and background

Acute attention to accuracy and detail

Strong time management, prioritization, and communication skills

Strong adaptability to learn new systems and Microsoft tools

Self-motivated, proactive and focused with a strong work ethic

Experience with Treasury Management Systems

Familiarity with Global Payments Standards

Experience with Power BI, Excel, Power Pivot, and SharePoint

Willingness to ask questions

Salary Range - $100,000 - $120,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

Full-time