We areseekingan experienced and results-driven Accounting Product Manager to lead our alternative investments accounting product portfolio. In this role, you will own the backlog, development, testing, enhancement, and implementation of capabilities that support private equity, private credit, real estate, infrastructure, fund-of-funds, and other illiquid/alternative assets. You will work closely with cross-functionalteamsāincluding technology, operations, implementations, sales, and complianceāto ensure our offerings meet the complex and evolving needs of asset owners and asset managers and remain competitive in the marketplace.
Key Responsibilities:
Product Strategy & Development
Define and execute the product roadmap for alternative investment accounting products, aligning with company goals, client needs, and the broader investment accounting platform.
Translate the nuances of alternative assets (e.g., capital calls and distributions, unfunded commitments, NAV and economic NAV, waterfalls, fee structures, secondary transactions) into clear product requirements and prioritized backlog.
Conduct market research and competitive analysis focused on alternatives toidentifytrends, client use cases, and emerging regulatory or reporting demands.
Collaborate with stakeholders to gather requirements, articulate product vision, and prioritize features for development.
Alternatives Domain Leadership
Serve as an internal subject-matter expert onalternativesaccounting, including fund structures, capital account activity, performance metrics, and multi-basis/multi-GAAP reporting.
Partner with accounting, valuation, and data teams to ensureaccuratetreatment of alternative assets across GAAP/IFRS/statutory and client-specific policies.
Champion end-to-end workflows for alternatives (e.g., ingestion of capital account statements and notices, commitment tracking, NAV and book value alignment, fee and carry calculations, look-through and exposure reporting).
Cross-functional Collaboration
Work closely with product, engineering, data, operations, and client services teams to ensure successful delivery of features and enhancements for alternative assets.
Collaborate with implementation and operations teams to design scalable onboarding andworkflows for alternatives, including integrations with third-party administrators, GPs, and document/data providers.
Act as the primary liaison between product development and externalstakeholdersāincluding key clients, partners, and, whereappropriate,regulatorsāonmatters related to alternative investment accounting.
Client & Market Engagement
Engage regularly with clients and prospects to understand theiralternativesaccounting, reporting, and operational needs and tovalidateproduct direction.
Translate client feedback, production issues, andimplementationlearnings into actionable product improvements and prioritized backlog items.
Deliver product demonstrations, presentations, and training sessions to internal teams and clients to drive adoption and effective usage ofalternativescapabilities.
Testing & Quality Assurance
Define and oversee the testing strategy for new features and enhancements, with particular attention to complex alternativesusecases (e.g., capital accountrollforwards, NAV/book value alignment, custom waterfalls, multiple bases).
Collaborate with developmentteams to define acceptance criteria, test cases, and regression plans;facilitateuser acceptance testing (UAT) with stakeholders and key clients.
Ensure that delivered functionality meetshigh standardsfor accuracy, performance, and reliability across large, complex alternatives portfolios.
Performance Monitoring & Reporting
Analyze product usage, client outcomes, and operational metrics to assess the success ofalternativescapabilities andidentifyareas for improvement or expansion.
Use data and client insights to iterate on the roadmap, deprecate low-value features, and invest in high-impact alternatives workflows.
Prepare reports and presentations for senior management that summarize product status, key wins, risks, and market insights specific to thealternativesbusiness.
Regulatory Compliance & Risk
Stay informed about accounting, regulatory, and industry developmentsimpactingalternative investments (e.g., fund reporting standards, insurance and asset owner regulations,valuationand disclosure guidance).
Ensure that product design and implementation enable clients to meet relevant accounting, reporting, and control requirements.
Partner with compliance, legal, and risk stakeholders as needed to assess the impact of new features and to support audit and control needs.
Qualifications:
5+ years of experience in investment accounting or product management, with a strong focus on alternative investments (e.g., private equity, private credit, real estate, infrastructure, or fund-of-funds).
Deep understanding of investment accounting principles and financial instruments relevant to alternatives, including capital account activity, NAV and book value, fee and carry structures, and performance measurement.
Familiarity with relevant accounting and reporting frameworks (e.g., US GAAP, IFRS, and/or statutory/regulatory requirements) as they apply to alternative assets.
Proventrack recordof successfully managing product development cycles from concept to launch in a financial or fintech environment.
Demonstrated ability to translate complex accounting and operational requirements into clear, actionable product specifications and prioritized backlogs.
Excellent analytical, problem-solving, and decision-making skills, with comfort working with large, detailed datasets and complex cash flow/valuation scenarios.
Strong communicationand interpersonal skills, with the ability to collaborate effectively across technology, operations, sales, and client-facing teams and to communicate clearly with senior stakeholders and clients.
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