Associate Director - Private Equity Fund Accounting

SS&C Technologies • Boston, MA

3d • $91,000 - $190,000 • Hybrid

About The Position

The Associate Director oversees accounting and administration for multiple alternative investment funds, primarily serving private equity clients. The role combines technical fund-accounting expertise with client relationship management, team leadership, and oversight of financial reporting, investor allocations, distribution waterfalls, and audit coordination. The position calls for strong project management, hands-on leadership, excellent client service, and the ability to develop and mentor staff. Work locations are Union, New Jersey; New York, New York; or Boston, Massachusetts, in a hybrid arrangement.

Requirements

• Bachelor’s degree in Accounting or a related field.
• 12 or more years of accounting experience, focused on alternative investment funds.
• At least 3 years of experience supervising two or more professional staff.
• Direct responsibility for hiring and termination decisions and providing ongoing performance feedback to staff.
• Hands-on management style and strong leadership skills, including the ability to develop staff.
• Demonstrated project management skills and ability to multitask.
• Excellent interpersonal and communication skills.
• Proficiency in Microsoft Office, including advanced Excel skills.
• Team-player approach.

Nice To Haves

• Private equity experience.
• Master’s degree.
• CPA designation.
• FIS Investran experience.

Responsibilities

• Manage multiple fund relationships, schedule client deliverables, and ensure they are met.
• Manage client expectations and coordinate deliverable timelines with staff.
• Apply accounting knowledge to alternative investment funds, with a focus on private equity.
• Participate in new business discussions with prospects and existing clients.
• Prepare and maintain goals and career development plans for direct reports.
• Conduct semiannual performance appraisals and discussions for direct reports.
• Provide staff with guidance on technical and client-service matters.
• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements to ensure fund terms are applied properly.
• Review transaction documentation and supporting files, and understand investment transaction features and accruals.
• Review workpapers for accuracy and completeness, including capital activity, investment activity, income and expense accruals, and valuation adjustments.
• Review management fee calculations, including offsetable amounts and management fee waiver contributions.
• Review investor allocations and capital account statements.
• Review capital call and distribution calculations, sources and uses of cash, allocations, and investor notices.
• Create, maintain, and/or review distribution waterfall (carried interest) models in accordance with applicable fund terms.
• Prepare and/or review financial statements, note disclosures, and supporting schedules.
• Develop and maintain robust review procedures for deliverables.
• Manage the year-end audit process in collaboration with clients and auditors.
• Make hiring and termination decisions and provide continuous performance feedback to staff.

Benefits

• Medical coverage.
• Dental coverage.
• Vision coverage.
• 401(k) plan with company match.
• Paid time off.
• Paid holidays.
• Parental leave.
• Professional development reimbursement opportunity.
• Potential eligibility for an annual discretionary bonus and/or equity awards, such as restricted stock units or stock options, based on individual and business performance and company discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior