Careers

Fund Accounting & Operations Associate

Ullico Infrastructure Management Company, LLC (“UIMC”) is actively recruiting a Fund Accounting & Operations Associate for the Ullico Infrastructure Fund (the “Fund”). The Fund was launched in 2012 and is structured as a commingled, unitized open-ended private equity fund. The Fund focuses on infrastructure investments in the United States and Canada and has a current asset value of approximately $4.0 billion. Reporting to the Finance Director of UIMC, the position will help manage accounting and operations functions related to the Fund and its underlying portfolio companies. The job position is in UIMC’s Chicago office.

Primary Responsibilities:

  • Assist Finance Director in managing accounting and operations activity associated with the Fund.
  • Act as primary resource for management of general ledgers and accounting functions.
  • Assist in the transition of accounting services to internal platform; identify and support implementation of general ledger system.
  • Lead month-end and quarterly closing processes for Fund entities.
  • Prepare financial statements and investor reporting material; arrange supporting information for determination of investor dividends.
  • Manage payment processing activity associated with investment fundings, vendor invoicing, and investment distributions.
  • Oversee investor reporting system to ensure accuracy and timeliness of information.
  • Contribute to input of investment data in UIMC’s portfolio management system.
  • Provide support to UIMC’s acquisitions and asset management teams for ongoing transaction development and fund management.
  • Assist Finance Director in managing audit process for Fund entities with internal and external auditors; provide support for tax reporting requirements.
  • Improve systems and processes in order to better serve Fund clients.

Qualifications:

  • Accounting degree, CPA desired
  • 2-5 years of experience as an investment fund accountant
  • Familiarity with general ledger systems
  • Previous experience implementing accounting systems
  • Capacity to manage accounting and operations work for multiple fund entities
  • Flexible, team-oriented approach to work
  • Financial statement preparation experience
  • Strong working knowledge of Excel, i-Level experience

Culture: UIF has a collegial and dynamic culture. We value diversity in perspectives and seek team members whose values align with our attributes as entrepreneurial, collaborative, inclusive, respectful and disciplined. We are committed to the development of our people through exposure to diverse work functions and businesses.

Company Profile: Ullico Infrastructure Fund (“the Fund”) is an operational private equity investment fund managed by Ullico Investment Advisors, Inc. and sub-advised by UIMC. The Fund makes long-term investments in infrastructure assets that provide essential services to communities, governments, and businesses in the United States and Canada. The Fund invests across the full spectrum of core infrastructure assets including transportation, power generation, utilities, and social infrastructure.

UIF is a subsidiary of Ullico Inc. Founded in 1927, Ullico Inc. is a $7.8 billion insurance and financial services holding company whose subsidiary companies include The Union Labor Life Insurance Company; Ullico Investment Advisors, Inc.; Ullico Investment Company, LLC; and Ullico Casualty Group, LLC. Steadfastly committed to serving the needs of working men and women for more than 80 years, Ullico, through its subsidiaries, offers a variety of innovative products which enhance the financial security and stability of unions, union members and union employers. No other company shares such a long-standing relationship with labor or an unwavering dedication to the union marketplace.

Application Instructions: If you are interested in the Associate position, please email your cover letter and resume to HRDRESUME@ullico.com. Ullico is an Equal Opportunity Employer. Ullico participates in E-Verify.