Senior Associate, Private Markets Accounting

SS&C • New York, NY

1d • Hybrid

About The Position

The Senior Associate, Private Markets Accounting performs fund accounting across diverse alternative investments. The role includes preparing and maintaining accounting workpapers, recording and reconciling financial activity, calculating management fees, and updating distribution waterfall models. The associate analyzes investment documentation to determine accounting impacts and accrual requirements, supports year-end audits, and works with clients and internal and external stakeholders to deliver accurate work on tight reporting timelines.

The position is based in New York City in a hybrid work environment. SS&C describes its setting as fast-paced and growth-driven, with exposure to industry experts, modern platforms, evolving technologies, and large-scale enterprise operations.

Requirements

• Bachelor’s degree in Accounting or a related field.
• At least 2 years of accounting experience, including hands-on exposure to general ledgers, workpapers, and financial statement preparation.
• Strong knowledge of US GAAP and core accounting principles.
• Advanced proficiency in Microsoft Excel and the Microsoft Office suite.
• Strong attention to detail, ownership, and ability to meet tight deadlines.
• Ability to work independently and collaboratively in a team environment.
• Excellent written and verbal communication skills, including confidence interacting across organizational levels.

Nice To Haves

• CPA and/or MBA designation, or progress toward certification.
• Experience with alternative investment funds, including Private Equity.
• Familiarity with investment partnerships and related accounting concepts.

Responsibilities

• Perform bank reconciliations and post journal entries to ensure accurate financial records.
• Deliver accurate work within tight reporting deadlines and take ownership of key deliverables.
• Prepare and maintain workpapers covering capital activity, investment transactions, and income and expense accruals.
• Update and manage distribution waterfall (carried interest) models.
• Calculate management fees and prepare supporting schedules.
• Analyze transaction documentation to understand investment structures, accounting impacts, and accrual requirements.
• Support the year-end audit process in partnership with internal teams, clients, and external auditors.
• Build relationships with clients and stakeholders, including legal counsel, auditors, and tax advisors, to support timely execution and delivery.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• 401(k) plan with company match
• Paid time off
• Paid holidays
• Parental leave
• Professional development reimbursement opportunity
• May be eligible for consideration 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