Senior Associate, Private Markets Fund Accounting

SS&C • New York, NY

17d • Hybrid

About The Position

SS&C is hiring a Senior Associate to perform fund accounting for private markets and diverse alternative investments. The role is based in New York City in a hybrid work arrangement and offers exposure to complex fund accounting and operational challenges in a fast-paced, growth-driven environment. The Senior Associate works with internal teams, clients, external auditors, and other stakeholders to deliver accurate financial records and reporting on tight deadlines.

The position includes bank reconciliations, journal entries, maintaining accounting workpapers, updating carried-interest distribution waterfall models, calculating management fees, analyzing investment documentation, and supporting year-end audits. SS&C describes its work as combining proprietary technology with industry expertise to support complex financial and healthcare operations.

The expected base salary for the position in New York is $65,000–$115,000. Employees may also be eligible for consideration for a discretionary annual bonus and/or equity awards, based on individual and business performance and at the company’s discretion. Applications are accepted on an ongoing basis until the position is filled.

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, with confidence interacting across all 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.
• Experience with private credit.

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, dental, and vision coverage.
• 401(k) plan with company match.
• Paid time off and holidays.
• Parental leave.
• Professional development reimbursement opportunity.
• Potential eligibility for a discretionary annual bonus and/or equity awards, such as restricted stock units or stock options.

What This Job Offers

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