Alternatives Fund Accountant (Hedge Funds/ Private Equity)

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

SS&C: Managed Operations – Alternatives Fund Accountant

Key Responsibilities

Fund Accounting Delivery & Close Oversight

- Deliver fund accounting services across multiple fund types and structures, including:

• Standalone funds and Master / Feeder structures (including profit and loss push / pullmechanics)
• Cayman and Delaware domiciled funds
• UCITS and other regulated vehicles
• Capital‑account driven and alternative investment structures, including private investments and side pockets

- Execute and manage daily, monthly, and quarterly close cycles, including:

• Preliminary / estimated closes and final closes
• Closed‑period accounting and subsequent‑period adjustments
• Alignment to client timelines for preliminaries, finals, and investor reporting

- Own core fund accounting activities, including:

• Accrual and expense accounting (cash versus accrual treatment)
• Fee calculations and postings, including management, performance, administration, and carried interest
• High‑water marks, hurdle rates, benchmark returns, and retained earnings
• Accounting for capital activity, bank debt (funded, unfunded, and commitments), and complex instruments
• Valuation and foreign exchange treatment aligned to pricing and valuation policies

- Apply sound judgement across accounting nuances such as:

• Derivatives, including swaps and Open Trade Equity (OTE) treatment
• Offsets, tolerances, and threshold agreements
• Chart of accounts alignment and financial statement presentation

Operational Control, Dependencies & Collaboration
- Maintain a strong working understanding of reconciliation processes, including:

• Cash, position, profit and loss, Open Trade Equity (OTE), and trial balance reconciliations
• Market value versus cost, tax lots, and valuation support
• Understand accounting outcomes, timing, and dependencies
• Confirm readiness for close and downstream use
• Identify and escalate issues with potential reporting or allocation impact

- Support client onboarding and solution design, working directly with clients and internal implementation teams to:

• Gather and validate accounting requirements
• Provide input into system configuration and accounting approach o
• Participate in testing, walkthroughs, and controlled handover into steady‑state delivery

- Operate in line with agreed service-level agreements, operational calendars, and runbooks, contributing to:

• Runbook refinement and maintenance
• Documentation of best practices
• Continuous improvement and standardisation of repeatable processes

- Work collaboratively with downstream functions (including investor accounting and allocations) to provide accounting context and support, ensuring consistent understanding of fund‑level outcomes
 

Required Experience

• 3–10+ years’ experience in fund accounting, fund control, or managed operations
• Strong experience with Advent Geneva or equivalent fund accounting platforms
• Proven ability to manage complex fund structures and multiple close cycles
• Strong accounting judgement across accruals, fees, valuation, derivatives, and period close
• CPA preferred (or equivalent accounting qualification)
• Comfortable engaging with client Fund Controllers, Chief Financial Officers, and senior operations teams
• Consultative mindset with strong ownership, communication skills, and attention to control

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.

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.