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Alternative Investment Administrator Jobs (NOW HIRING)

US Bank

Alternative Investment Supervisor

Edison, NJ · On-site

$111K - $130K/yr

Supervises a team of administrators who are responsible for providing accounting, administration ... alternative investments industry Preferred Skills/Experience - Working knowledge of Microsoft ...

US Bank

Alternative Investment Manager

Hackensack, NJ · On-site

$117K - $138K/yr

Supervises a team of administrators who are responsible for providing accounting, administration ... alternative investments industry Preferred Skills/Experience - Self-starter with a demonstrated ...

U.S. Bank

Alternative Investment Manager

Hackensack, NJ · On-site

$117K - $138K/yr

Supervises a team of administrators who are responsible for providing accounting, administration ... alternative investments industry Preferred Skills/Experience - Self-starter with a demonstrated ...

Russell Tobin

Investment Analyst

Deerfield, IL · On-site

$33/hr

Alternative Investment Administrator Job Location : Deerfield, IL Job Duration : 6-12 months Hourly pay : $33/hr Client Service Analyst - Shareholder Services The position of Client Service Analyst ...

CBIZ

Audit Manager | Alternative Investment Group

Boston, MA · Hybrid

$113K - $148K/yr

Support the execution of audits for alternative investment fund clients including hedge funds ... Collaborate with client management and fund administrators to gather information and clarify ...

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Alternative Investment Administrator information

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$25.5K

$82.6K

$201.5K

How much do alternative investment administrator jobs pay per year?

As of Aug 24, 2026, the average yearly pay for alternative investment administrator in the United States is $82,620.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,000.00 and $92,000.00 per year, depending on experience, location, and employer.

What is an alternative investment administrator?

Alternative investment administrators are professionals or firms that provide administrative and operational support for alternative investment funds such as hedge funds, private equity, real estate, and venture capital. Their responsibilities typically include fund accounting, investor reporting, compliance monitoring, and coordinating audits. By handling these complex administrative tasks, they help ensure that investment managers can focus on managing the fund's assets and strategy while maintaining regulatory compliance and transparency for investors.

What are the key skills and qualifications needed to thrive as an alternative investment administrator?

To thrive as an Alternative Investment Administrator, you need a solid understanding of financial instruments, accounting principles, and investment fund structures, often supported by a degree in finance or accounting. Familiarity with portfolio management systems, fund accounting software, and regulatory compliance tools is typically required, along with certifications like CAIA or CFA being advantageous. Strong analytical thinking, attention to detail, and effective communication skills distinguish top performers in this role. These competencies are vital for ensuring accurate fund administration, regulatory adherence, and seamless coordination with clients and internal teams.

What are the typical challenges faced by an alternative investment administrator when managing complex investment portfolios?

Alternative Investment Administrators often encounter challenges such as reconciling data from multiple sources, handling diverse asset types (like private equity, hedge funds, and real estate), and ensuring regulatory compliance across jurisdictions. These complexities require strong attention to detail, effective communication with fund managers and custodians, and proficiency with specialized software platforms. Staying organized and proactive in resolving discrepancies is key to success in this dynamic and fast-paced environment.

What is the difference between Alternative Investment Administrator vs Fund Accountant?

AspectAlternative Investment AdministratorFund Accountant
CredentialsTypically requires a finance or accounting degree, possibly certifications like CFA or CAIARequires finance/accounting degree, often CFA or CPA certifications
Work EnvironmentWorks with hedge funds, private equity, and alternative asset managersWorks mainly with mutual funds, hedge funds, and investment firms
Employer & Industry UsageUsed by alternative asset managers, private equity firms, hedge fundsCommon in asset management firms, investment banks, and fund services

The main difference is that Alternative Investment Administrators focus on managing and overseeing complex alternative assets, including private equity and hedge funds, while Fund Accountants primarily handle the financial record-keeping and reporting for various types of investment funds. Both roles require strong accounting skills and industry certifications, but their client focus and daily responsibilities differ based on the asset types they serve.

More about Alternative Investment Administrator jobs

What job categories do people searching Alternative Investment Administrator jobs look for?

The top searched job categories for Alternative Investment Administrator jobs are:

Alternative Investment Administrator jobs near you
Infographic showing various Alternative Investment Administrator job openings in the United States as of August 2026, with employment types broken down into 29% Full Time, 68% Part Time, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $82,620 per year, or $39.7 per hour.

Alternative Investments & Investment Reporting Team Lead

Cozen O'Connor

Philadelphia, PA • On-site

Full-time

Posted 12 days ago

Job description


The Alternative Investments & Investment Reporting Team Lead is a senior individual contributor responsible for leading the firm's alternative investment reporting function and ensuring the accuracy, integrity, and completeness of client-facing investment reporting within the Masttro wealth reporting platform. This role serves as the technical lead for alternative investment reporting, overseeing the validation, reconciliation, and maintenance of complex investment data across private equity, venture capital, hedge funds, private credit, real estate, and other private market investments. The Team Lead provides technical guidance, supports quality assurance and process improvement initiatives, and establishes reporting best practices across the team. The ideal candidate has strong expertise in alternative investments, partnership accounting concepts, investment documentation, and wealth reporting technology, with the ability to interpret partnership reporting-including Schedule K-1s and capital account activity-to validate investment data and ensure accurate client reporting. This role partners closely with advisors, client service teams, investment managers, fund administrators, custodians, external accountants, and technology providers to deliver comprehensive, accurate, and meaningful wealth reporting.
Responsibilities
Alternative Investment Reporting & Operations
  • Lead the firm's alternative investment reporting function, ensuring accurate, timely, and comprehensive client reporting across complex investment portfolios.
  • Oversee the ingestion of alternative investment documents into the Masttro platform through Doc AI, validating extracted investment data and resolving processing exceptions.
  • Review and interpret alternative investment account statements, capital notices, valuation reports, and other fund reporting to ensure investment information is accurately maintained.
  • Process and reconcile capital calls, capital contributions, distributions, subscriptions, redemptions, transfers, and other investment cash flows.
  • Track investment commitments, unfunded commitments, ownership percentages, valuations, and investment lifecycle events across private investment portfolios.
  • Maintain complete and organized investment records supporting client reporting.
    Investment Data Validation & Reporting Quality
  • Review partnership financial statements, capital account reports, Schedule K-1s, capital notices, and other fund reporting to validate investment information maintained within the Masttro platform.
  • Reconcile investment activity across fund statements, custodial records, investment portals, and Masttro to ensure client-facing reporting accurately reflects information received from investment sponsors.
  • Review Schedule K-1s as a validation tool to confirm investment activity, ownership information, and capital account balances are consistent with reported investment data.
  • Identify, research, and resolve discrepancies between fund reporting, investment statements, custodial records, and Masttro prior to client report generation.
  • Perform ongoing quality assurance reviews of client reporting to ensure accuracy, consistency, and completeness.
  • Gather and organize annual investment tax documents, including Schedule K-1s, for delivery to clients and their tax professionals.
  • Maintain accurate, complete, and well-documented investment records to support reliable client reporting and data consistency within the Masttro platform.
    Wealth Reporting & Platform Administration
  • Administer financial account connectivity for brokerage, banking, custodial, and alternative investment accounts within Masttro.
  • Establish, monitor, and troubleshoot automated data feeds between custodians, financial institutions, fund administrators, and Masttro.
  • Ensure linked accounts remain synchronized and accurately reflected within the reporting platform.
  • Build and maintain Global Wealth Maps reflecting client assets, liabilities, trusts, legal entities, ownership structures, and investment relationships.
  • Support onboarding of new client relationships by validating investment information, organizing documentation, and configuring reporting structures.
  • Collaborate with technology vendors and custodians to resolve connectivity and aggregation issues.
    Team Leadership & Process Improvement
  • Serve as the team's technical resource for complex alternative investment reporting and reconciliation matters.
  • Provide day-to-day guidance and mentoring to team members on reporting standards, investment documentation, and best practices.
  • Review complex reporting issues and assist with resolution of data quality concerns.
  • Develop, document, and maintain standardized operating procedures for alternative investment reporting and reconciliation processes.
  • Recommend and implement process improvements that strengthen reporting quality, automation, operational efficiency, and data integrity.
  • Assist with onboarding and training new team members on investment reporting processes and the Masttro platform.
  • Promote consistency, quality, and continuous improvement across the investment reporting function.
    Cross-Functional Collaboration
  • Partner with advisors and client service teams to support the delivery of comprehensive client reporting.
  • Coordinate with investment managers, fund administrators, custodians, and technology providers to obtain accurate and timely investment information.
  • Work collaboratively with clients' external accountants by organizing and providing investment reporting and tax documentation as requested.
  • Support client meetings by preparing accurate investment reporting and portfolio summaries.
  • Assist advisors in understanding reporting status, investment activity, and outstanding reporting items to facilitate meaningful client discussions.

Qualifications
Required Qualifications
  • Bachelor's degree in Accounting, Finance, Economics, Business, or a related field.
  • 5-7+ years of experience in family office operations, investment reporting, fund accounting, wealth management, alternative investments, or investment operations.
  • Strong understanding of alternative investment structures, partnership reporting, capital activity, investment documentation, and the reconciliation of investment data for client reporting purposes
  • Experience with Masttro or comparable wealth reporting platforms preferred.
  • Strong Microsoft Excel skills, including financial analysis and reconciliations.
  • Excellent analytical, organizational, communication, and problem-solving skills.
  • Exceptional attention to detail and commitment to data accuracy.

Preferred Qualifications
  • Experience supporting ultra-high-net-worth families, family offices, or institutional investment portfolios.
  • Experience with Addepar, Black Diamond, Tamarac, Allvue, Investran, eFront, Masttro, or similar investment reporting platforms.
  • Familiarity with Schwab, Fidelity, Pershing, BNY, and other custodial platforms.
  • Experience in fund accounting, partnership accounting, or public accounting.
  • CPA, CFA, or CAIA designation (or progress toward one) is preferred but not required.

The salary range for this role is $100,000 - $120,000 and represents the Firm's good faith and reasonable estimate of the range of possible compensation at the time of posting. Actual compensation will be dependent upon a number of factors, including but not limited to, the candidate's relevant experience, qualifications and location.
About Us
Known for its commitment to action and tangible results, Cozen O'Connor has rapidly grown to become one of North America's fastest-growing law firms. Offering full-service expertise in litigation, business law, and government relations, the firm serves a diverse clientele, including global Fortune 500 companies, growing middle-market firms, startups, and high-profile individuals. Established in 1970, Cozen O'Connor has more than 1,000 attorneys who help clients manage risk and make better business decisions. The firm counsels clients on their most sophisticated legal matters in all areas of the law, including litigation, corporate, and regulatory law. Representing a broad array of leading global corporations and middle market companies, Cozen O'Connor services its clients' needs through 35 offices across two continents. The firm is consistently ranked among the top 100 law firms in America and has received recognition from prestigious legal and business organizations such as Chambers & Partners, The American Lawyer, The Legal 500, and Best Lawyers. Cozen O'Connor is dedicated to excellence and strives to achieve the right results for its clients, no matter how complex or critical the legal challenges may be.
Cozen O'Connor is committed to fostering greater inclusion in the legal profession. We understand the organizational effectiveness that comes from welcoming and valuing differences within the firm, and we know that assembling a team with a breadth of perspectives and experience is necessary to provide the highest quality legal service. We encourage candidates to apply and join us in this effort.
Cozen O'Connor actively welcomes applicants who have previously left the workforce and are looking to return to their careers. Gaps in experience are not penalized.
Cozen O'Connor is an Equal Opportunity Employer, including disabled and veterans.

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