Senior Associate, Fund Finance

Notes to applicants:

• Dimensional sees great value from collaborating in our offices and appreciates the benefits of flexibility. Most roles fit our office-first hybrid approach: We are together on our campuses Tuesdays, Wednesdays, and Thursdays and have the choice to work in the office or remotely, depending on what is best for that work day, on Mondays and Fridays. This approach maximizes in-person collaboration and interaction while simultaneously providing flexibility and applies to most roles globally with a few exceptions that require more or less time in the office. Please discuss with your Recruiter to confirm the details for this specific role.

• Resumes and portfolios (when applicable) are required as part of your application. When applying from a mobile device or tablet, you may not be able to attach a resume. If you cannot include an attachment at the time of your application, you will receive a follow up email asking you to attach your resume from a computer.

• Here at Dimensional, we strive to be an inclusive workplace for all. Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply.

• If you require reasonable accommodation in completing this application, interviewing, or otherwise participating in the employee selection process, such accommodation is available upon request.

Job Description:

The Fund Finance team provides oversight of Dimensional’s investment fund products, including daily valuation, expense budgeting and payments, and internal and external reporting.  The Senior Associate position will be responsible for the critical functions around fund expense administration and oversight. This role actively works with individuals throughout the firm, third-party service providers, and external auditors to provide information and meaningful insights. The Fund Finance is a highly collaborative team focused on continuous process improvement.

DUTIES & RESPONSIBILITIES

Fund Expense and Reporting Oversight

• Oversees the workflow of third-party service provider billing from invoice receipt through timely payment, including confirmation of adherence to all contractual obligations, policies, and rates.

• Assists with essential monthly analyses of fund expense ratios, caps, and waivers.

• Reviews deliverables from the third-party service providers for accuracy, including management fees, administration services invoicing, and budgets.

• Contributes to the preparation of critical internal and external reporting deliverables, including Board reporting, fund prospectuses, and regulatory filings.

• Participates in various business initiatives, such as new fund launches, mergers, and conversions.

• Manages and completes ad-hoc requests and special projects, such as fund expense modeling and scenario assessments.

• Identifies opportunities to increase the efficiency and effectiveness of processes through new technology and innovative thinking.

• Maintains various components that are critical to the team’s operations, such as data tables, procedures, and process documentation.

• Builds and maintains effective working relationships with internal stakeholders and third-party service providers.

QUALIFICATIONS

• Bachelor’s Degree in Finance, Accounting, Business, or related discipline.

• 5+ years of experience in the financial services industry with asset management product experience (mutual funds, ETFs, hedge funds, and private funds). Fund accounting knowledge a plus.

• Prior experience working for and/or closely with third-party service providers.

• Exceptional professional verbal and written skills; must be able to articulate clear point of view on technical matters in concise and meaningful communications with various levels of the organization.

• Highly motivated, participative, and collaborative team player with strong interpersonal skills.

• Capable of effectively managing multiple deadlines and delivering under time pressure while using sound judgement.

• Strong analytical and critical thinking skills.

• Ability to identify areas of risk, inefficiencies, and operational gaps to develop possible resolutions.

• Detail-oriented and possesses effective balance between working efficiently and investing the time required to complete tasks in a controlled manner.

• Comfortable working with large amounts of data.

• Demonstrated ability to handle confidential, sensitive, and non-public information with discretion.

Preferred Knowledge, Skills, and Abilities

• Experience with Microsoft tools (intermediate to advanced Excel skills) and Business Intelligence solutions to create efficient, well-controlled processes (e.g. Alteryx, Power BI, Power Automate).

• Proficiency in computer programming, database administration (e.g., SQL; Python, Tableau) and Visual Basic for Applications (VBA).

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Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

It is the policy of the Company to provide equal opportunity for all employees and applicants.  The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates.