Senior Associate, Private Markets Fund Accounting

SS&C • Union, NJ

6d • Hybrid

About The Position

SS&C is hiring a Senior Associate to perform fund accounting for private markets and other alternative investments. The role involves maintaining accurate financial records, preparing workpapers and supporting schedules, managing distribution waterfall models, calculating management fees, analyzing investment documentation, and supporting year-end audits. The successful candidate will deliver accurate work to tight reporting deadlines and collaborate with clients, internal teams, auditors, legal counsel, and tax advisors. The position is hybrid in New York City or Union, New Jersey.

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 and ownership, with the ability to meet tight deadlines.
• Ability to work independently and collaboratively in a team environment.
• Excellent written and verbal communication skills and confidence interacting across all levels of an organization.

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 maintain accurate financial records.
• Deliver accurate, high-quality 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 insurance
• Dental insurance
• Vision insurance
• 401(k) plan with company match
• Paid time off
• Paid holidays
• Parental leave
• Professional development reimbursement opportunity
• May be considered annually for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, subject to individual and business performance and company discretion

What This Job Offers

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