Manager, Fund Administration & Accounting (FA&A)

About the role

Within the Global Investment Operations business unit at T. Rowe Price, our Private Company Fund Administration & Accounting (FA&A) department includes professionals with specific valuation, finance, and accounting expertise to operationally enable various T. Rowe Price investment vehicles to participate in investments of non-public illiquid investments on behalf of our clients. Role Summary Independently supports an assigned fund accounting, reporting and/or related oversight process(es), and/or assigned product(s), of medium complexity; may also support other product services. Responsible for completing multiple activities from start to close for assigned area and other more advanced ad hoc assignments, as needed. Will support oversight of third party fund administrators and review of fund accounting deliverables, including NAV packages, capital calls, distributions, expense allocations, management fee calculations, and investor reporting. May review work of less experienced professional staff. Responsible for researching, applying and maintaining a working understanding of accounting and reporting guidance, company policies, regulatory and contractual requirements, and drivers that impact their assigned areas. Instructs service providers and provides technical advice on and interpretation of T. Rowe Price accounting and reporting policy. Leverages internal network with internal and external relationships to ensure integrated and high-quality responses to advanced stakeholder needs.

Responsibilities

• Reviews quarterly, monthly NAVs and other deliverables prepared by third party fund administrators.
• Reviews capital calls, distributions, expense allocations, management fee calculations, waterfall calculations and investor reporting packages
• Works closely with third party administrator and internal stakeholders to support fund accounting, capital activity, investor reporting, and ongoing fund operations.
• Supports operational activities of private equity funds and co-investment vehicles throughout the fund lifecycle including fund launches, capital calls, distributions , investor reporting, , audits and service provider coordination.
• Recognize

Benefits

Additional Information

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business . With a career at the firm, y ou can expect opportunities to create real impact at work and in your community. Y ou'll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you'll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity . Join us for the opportunity to g row and make a difference in ways that matter to you .

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