Alternative Investment Product Accounting, Manager

Responsibilities:

• Provide independent oversight of daily, monthly, and quarterly NAV deliverables prepared by the third‑party fund administrator, including review of key movements, trends, and reasonableness prior to release.

• Perform analytical reviews of NAV drivers, including market activity, income, accruals, and expense fluctuations, and investigate variances outside established tolerances.

• Apply sound professional judgment and appropriate challenge when reviewing administrator outputs, escalating issues as necessary.

• Serve as a point of escalation for complex accounting matters impacting fund NAVs or shareholder reporting.

• Oversee the fund expense process, including review of expense accruals, classifications, allocations, and payment workflows performed by the administrator.

• Evaluate the accuracy, completeness, and reasonableness of fund expenses, ensuring alignment with governing documents, internal policies, and regulatory expectations.

• Partner with internal stakeholders to monitor expense trends, investigate variances, and support expense governance and transparency.

• Provide ongoing oversight of the third‑party administrator’s control environment, including review of policies, procedures, and service delivery performance.

• Monitor and track issues, incidents, and remediation plans, ensuring timely resolution and clear documentation.

• Participate in vendor governance routines and performance discussions, helping ensure service providers meet Vanguard’s standards for quality, control, and accountability.

• Support external audits and financial reporting processes, including coordination of audit requests, walkthroughs, and issue resolution.

• Prepare oversight metrics, summaries, and escalation materials for internal governance forums and senior leadership.

• Contribute to a strong culture of risk awareness, transparency, and continuous improvement.

• Identify opportunities to enhance oversight processes, strengthen controls, and improve scalability, while maintaining appropriate risk discipline.

• Partner across teams to support changes related to new products, operational enhancements, or evolving regulatory expectations.

• 8+ years of experience in fund accounting, fund administration, or investment operations, with exposure to daily NAV registered investment products.

• Bachelor's Degree in Finance, Economics, Accounting, or similar discipline.

• CFA, CPA, or other professional financial designation preferred.

• Experience overseeing or working with third‑party fund administrators, including review and challenge of deliverables.

• Experience supporting financial statement audits and regulated investment products.

• Prior experience with 1940 Act interval funds is strongly preferred.