Fund Accounting Consultant | Managed Operations

SS&C Technologies•New York, NY

22h•Hybrid

About The Position

SS&C Advent is seeking an experienced Fund Accounting Consultant to join its Managed Operations division, supporting sophisticated buy‑side clients across a broad range of fund structures and operating models. This role requires a fund‑controller level understanding of fund accounting, including close processes, valuation, accruals, and financial control. The consultant is accountable for producing high‑quality accounting outputs that support downstream investor reporting and allocations. While reconciliations and investor allocations are performed by other teams, this role must understand all upstream and downstream dependencies and operate with strong ownership and judgement. The successful candidate will operate as a consultative partner to large, complex funds in addition to a production processor.

Requirements

6–10+ 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

Responsibilities

Deliver fund accounting services across multiple fund types and structures, including: Standalone funds and Master / Feeder structures (including profit and loss push / pull mechanics), 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: 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.
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.
Partner closely with internal reconciliation and upstream accounting teams to: 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, 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 standardization 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.