Private Equity Fund Operations Senior Analyst
Company: Thrivent
Location: Minneapolis
Posted on: May 4, 2024
Job Description:
We exist to help people achieve financial clarity. At Thrivent,
we believe money is a tool, not a goal. Driven by a higher purpose
at our core, we are committed to providing financial advice,
investments, insurance, banking and generosity programs to help
people make the most of all they've been given. At our heart, we
are a membership-owned fraternal organization, as well as a
holistic financial services organization, dedicated to serving the
unique needs of our clients. We focus on their goals and
priorities, guiding them toward financial choices that will help
them live the life they want today-and tomorrow. Job Summary The
Private Equity Fund Operations Senior Analyst is a multi-discipline
role which encompasses investment and accounting knowledge in
support of Thrivent's Private Equity portfolio. The Private Equity
Fund Operations Senior Analyst displays an understanding of private
equity fund operations and is an experienced contributor to daily
private equity fund operations (accounting, reporting, valuations,
cash monitoring). The position is responsible for providing a wide
range of portfolio and security-level investment reporting,
analysis, valuation, and accounting as part of the Private Equity
operational support team. This role engages in analysis for surplus
management, statutory financial reporting, and assists with
portfolio management analytical requests. Job Responsibilities and
Duties
- Maintains internal private equity fund operations for
Thrivent's Private Equity Portfolios (functions include accounting,
valuations, management reporting, performance, ownership structure
analysis, distributions, cash monitoring).
- Assists with annual GAAP audits and tax preparation.
- Engages in bringing industry best practices and internal
requirements to vendor and professional service relationships that
handle the following functions - Fund Administration, External
Audits, Tax Management, Portfolio Monitoring, Custodial Banking and
Accounting Software. Engages frequently with internal and external
legal counsel regarding investment and fund legal issues.
- Provides analysis to internal senior stakeholders for
investment performance, surplus management, statutory financial
reporting, and assists with Portfolio Manager and legal requested
analysis. Consultation, analysis and inform on private equity
issues with the Private Equity Fund Operations Consultant &
Manager.
- Assists with strategic initiatives supporting Thrivent's
Private Equity portfolio.
- Provides analysis on external sub-advised private equity
managers and reports financial and surplus impact to senior
investment division leadership.
- Models Thrivent's leadership competencies - courage,
collaboration, and commitment by demonstrating resiliency, working
together to make the best decisions, and holding yourself and
others accountable.
- Supports and/or develops an environment in which Thrivent
employees and colleagues are focused on continuous improvement,
exceptional employee engagement, and an unwavering commitment to
our clients. Shapes and/or supports a culture that represents the
Thrivent purpose, promise and values, ensuring that Thrivent's
trust and reputation remain strong with its clients. The Private
Equity Fund Operations Senior Analyst will interact frequently with
the Private Equity Fund Operations Manager and peers within the
operations team, along with the Private Equity Investment Team. The
position also interacts with senior level contributors at
professional service firms. This position provides analytics on all
private fund operations. The Senior Analyst provides analysis and
guidance to senior stakeholders to influence private equity
operational processes. Job Qualifications Required:
- Bachelor's degree in finance, accounting or related
discipline.
- 3-5 years finance and accounting experience.
- Experience with private equity audits and private equity
financial reporting processes.
- Experience working with leading private equity systems or fund
administration/custody functions.
- Ability and eagerness to work collaboratively in a team
environment.
- High level of organization and attention to detail.
- Passion for and understanding of new technology and
trends.
- Excellent communication, collaboration, and influence skills
among all organizational levels. Preferred:
- Attainment of MBA, CFA or CPA designation.
- 2 years private equity fund experience.
- Proven success in executing on end-to-end private equity
processes.
- Ability to prioritize work against enterprise, division, and
product strategies; can effectively communicate rationale and
impact for prioritization choices.
- Expert in defining high-quality business requirements.
- Strong leadership skills to coordinate work and motivate
internal & external stakeholders.
- Advanced skills in MS Office Suite. Additional Information
- This position requires you to work on-site in Minneapolis, MN a
minimum of two days a week. Thrivent provides Equal Employment
Opportunity (EEO) without regard to race, religion, color, sex,
gender identity, sexual orientation, pregnancy, national origin,
age, disability, marital status, citizenship status, military or
veteran status, genetic information, or any other status protected
by applicable local, state, or federal law. This policy applies to
all employees and job applicants. Thrivent is committed to
providing reasonable accommodation to individuals with
disabilities. If you need a reasonable accommodation, please let us
know by sending an email to human.resources@thrivent.com or
call800-847-4836and request Human Resources.
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Keywords: Thrivent, Coon Rapids , Private Equity Fund Operations Senior Analyst, Accounting, Auditing , Minneapolis, Minnesota
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