Associate Director, Hedge Fund Accounting

SS&C•Windsor, CT

1d•Hybrid

About The Position

SS&C is a leading financial services and healthcare technology company headquartered in Windsor, Connecticut, with over 27,000 employees across 35 countries. The company serves approximately 20,000 financial services and healthcare organizations, providing expertise, scale, and technology. This role is for an Associate Director in Hedge Fund Accounting, based in Windsor, CT, operating under a hybrid work model. SS&C is actively seeking bright, diverse, honest, and dynamic individuals who value collaboration, accountability, and innovation.

Requirements

Undergraduate degree in Accounting or related field
12+ years’ experience in accounting, with a focus on alternative investments funds
Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting, with an emphasis on investment partnerships
5+ years’ experience supervising two or more professional staff
Hands-on management style with strong leadership skills and ability to develop staff
Demonstrated project management skills with the ability to multi-task
Excellent interpersonal and communication skills
Proficiency in Microsoft Office suite, with advanced Excel skills
Team player mentality

Nice To Haves

Hedge fund experience a plus
CPA designation a plus
Sungard Investran experience a plus

Responsibilities

Manage multiple fund relationships, including scheduling and meeting all client deliverables
Maintain/manage client expectations and coordinate deliverables timelines with staff
Demonstrate strong knowledge of accounting
Participate in new business discussions with prospects and existing clients
Prepare and maintain goals and career development plans for all direct reports
Prepare semiannual performance appraisals and discussions for all direct reports
Provide guidance and direction to staff on all technical and client-service-related topics
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
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
Prepare and/or review financial statements, notes disclosures, and supporting schedules
Develop/maintain robust review procedures around deliverables
Manage the year-end audit process, in collaboration with the client and auditors
Where applicable, support the tax team with information to prepare tax compliance/reports
Help develop and support targeted, continuing education for all direct reports
Support corporate goals and business/departmental initiatives

Benefits

Hybrid Work Model
Business Casual Dress Code, including jeans
401k Matching Program
Professional Development Reimbursement
Flexible Personal/Vacation Time Off
Sick Leave
Paid Holidays
Medical
Dental
Vision
Employee Assistance Program
Parental Leave
Committed to Celebrating the Variety of Backgrounds, Talents and Experiences of Our Employees
Hands-On, Team-Customized Training, including SS&C University
Discounts on fitness clubs, travel and more!
comprehensive total rewards package designed to support your wellbeing, growth, and future