Senior Associate, Private Markets Fund Accounting
SS&C•Los Angeles, CA
•Hybrid
About The Position
The Senior Associate, Private Markets Fund Accounting will perform complex fund accounting across diverse alternative investments. The role supports accurate financial records and timely reporting, including reconciliations, journal entries, workpapers, carried-interest waterfall models, management fee calculations, and audit activities. The position works with internal teams, clients, and external stakeholders in a fast-paced environment, with locations in Los Angeles or San Francisco on a hybrid basis.
Requirements
- Bachelor’s degree in Accounting or a related field.
- At least 2 years of accounting experience, with 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, 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 maintain 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 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 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
