Senior Associate, Private Markets Fund Accounting

SS&C • New York, NY

12d • Hybrid

About The Position

The Senior Associate, Private Markets Fund Accounting role supports complex fund accounting across diverse alternative investments. The position performs financial accounting and reporting work, prepares supporting schedules and workpapers, updates carried-interest distribution waterfall models, and calculates management fees. It also involves analyzing transaction documents and supporting year-end audits. The role operates in a fast-paced environment and requires dependable delivery of accurate work within tight reporting deadlines, as well as collaboration with clients, internal teams, auditors, legal counsel, and tax advisors.

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.

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 detailed supporting schedules.
• Analyze transaction documentation to understand investment structures, accounting impacts, and accrual requirements.
• Support year-end audits in partnership with internal teams, clients, and external auditors.
• Build relationships with clients and stakeholders, including legal counsel, auditors, and tax advisors, to support smooth execution and timely 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 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