Director, Fund Accounting

SS&C is a leading provider of mission-critical, AI-powered technology and services empowering financial services and healthcare organizations to work smarter, faster, and securely. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices worldwide. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Job Description

Director, Private Markets Accounting

Location: NYC; Boston, MA; Union, NJ (Hybfrid)

About the Role

The Associate Director will be responsible for a broad spectrum of financial and accounting matters affecting our Private Markets clients. Associate Directors should have a strong background in accounting for alternative investment funds, with a focus on private markets, proven client management skills, and the ability to manage and lead a team in monitoring client deliverables and meeting deadlines. Additionally, the Associate Director is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions. The Associate Director will be responsible and accountable for the development and execution of plans, including setting functional priorities for team and production.

Why Join SS&C

SS&C combines proprietary technology with deep industry expertise to support complex financial and health care operations. Our teams design, implement, and operate solutions that help clients manage data, automate processes, and scale their businesses with confidence.

You will work with industry experts, modern platforms, and evolving technologies, gaining exposure to real-world operational challenges and large-scale enterprise environments.

How You Will Make an Impact 

• Lead teams supporting the fund administration services to clients
• Primary liaison for book of business and work closely with external parties such as auditors, law firms and tax advisors
• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms
• Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
• Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
• Review management fee calculations, including offsetable amounts, management fee waiver contributions, etc.
• Review investor allocations and capital account statements
• Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
• Create, maintain, and/or review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
• Manage the year-end audit process, in collaboration with the client and auditors
• Implement adequate and effective processes to improve the overall operations
• Participate in new client business analysis with prospects and existing clients
• Review fund governing documents, offering documents
• Support fee models and deal financial analysis development
• Provide support with content for presentations and assist with preparation of presentations
• Assistance with Request For Proposal (RFP) responses and document management
• Support multiple client implementations and onboarding events, ensuring appropriate resources to meet project
• Promote corporate goals and business/departmental initiatives

Required Experience

• 3+ years’ experience supervising, training, delegating tasks, and managing large teams
• Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting, with an emphasis on investment partnerships

What Sets You Apart

• Bachelor’s degree in Accounting or related field
• 10+ years’ experience in Private Equity/Real Assets fund accounting
• CPA designation and/or MBA a plus
• Directly responsible for hiring and termination decisions as well as providing continuous performance feedback to staff
• Deadline oriented with ability to complete assigned tasks independently.
• Demonstrated project management skills with the ability to multi-task
• Hands-on management style with strong leadership skills and ability to develop staff
• Excellent interpersonal and communication skills and able to interact with others at various levels
• Excellent client relationship management skills
• Strong organizational skills and ability to work in a faced pace environment
• Proficiency in Microsoft Office suite, with advanced Excel skills
• Experience working collaboratively with peers, part of a team and work independently

Join SS&C, where innovation meets global opportunities. Click here to apply.

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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

 

 

SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.

 

 

Actual base salary will vary based on several factors, including but not limited to relevant skills, prior experience, education, demonstrated performance, and geographic location.

New Jersey: The expected base salary for the position is between $115,000 USD to $210,000 USD. New York: The expected base salary for the position is between $115,000 USD to $210,000 USD. Massachusetts: The expected base salary for the position is between $115,000 USD to $215,000 USD.

 

 

In addition, employees in this role may be eligible for consideration on an annual basis for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, based upon individual and business performance at the company’s discretion.

 

 

 

 

Applications will be accepted on an ongoing basis until the position is filled.

 

 

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.