SS&C Technologies - Union, NJ

posted 3 months ago

Full-time - Mid Level
Union, NJ
10,001+ employees
Professional, Scientific, and Technical Services

About the position

As an Associate Manager in Hedge Fund Accounting at SS&C, you will play a pivotal role in supporting all aspects of hedge fund accounting and reporting. This position is based in various locations including New York, Boston, Harrison, and Union, with a hybrid work model that promotes flexibility and work-life balance. You will be responsible for performing month-end close processes, ensuring the accurate calculation of fund Net Asset Values (NAVs), and producing investor allocations along with the calculation of management and incentive fees. Your role will also involve posting accounting entries to the ledger and working with a diverse range of financial products such as bonds, swaps, CDOs, ABS, equities, options, FX, repos, and futures. In addition to these responsibilities, you will collaborate with a global team to reconcile cash and securities to outside sources, price fund portfolios, and calculate daily profit and loss. You will assist in researching internal discrepancies between accounting and trade entry systems and work closely with auditors to prepare and present year-end financial accounts. This position requires a strong understanding of hedge fund operations and the ability to navigate complex financial environments effectively. At SS&C, we value diversity and inclusion, and we are committed to creating a workplace that welcomes and celebrates differences. You will receive hands-on training that is customized to your team, including access to SS&C University, which will enhance your professional development and career growth. Our company culture promotes a business casual dress code, including jeans, and offers various perks such as discounts on fitness clubs and travel. We also provide a comprehensive benefits package that includes medical, dental, vision, and an employee assistance program, along with parental leave and a 401k matching program.

Responsibilities

  • Supporting all aspects of ad-hoc reporting
  • Performing month-end close processes
  • Accurate calculation of fund NAV's
  • Production of investor allocations and calculation of management/incentive fees
  • Posting accounting entries to ledger
  • Working with various products including bonds, swaps, CDOs, ABS, equities, options, FX, repos, and futures
  • Working on a global team responsible for reconciling cash/securities to outside sources, pricing fund portfolios, and calculating daily profit and loss
  • Assisting with researching internal differences between the accounting and trade entry systems
  • Working with auditors to prepare and present year-end financial accounts

Requirements

  • Bachelor's degree in Finance, Accounting or related discipline
  • 5+ years' experience/knowledge as a hedge fund accountant or auditor of hedge funds
  • Experience/knowledge with hedge funds or fund of fund
  • Fund Accounting with exposure to operations (products and trade process knowledge)
  • Financial statement prep/review experience
  • Strong Excel knowledge (Pivot Table, Sumif, V-lookup)
  • Geneva and/or Advent software knowledge a plus

Nice-to-haves

  • Experience at an audit firm
  • Experience at a fund or bank
  • Experience at an administrator

Benefits

  • 401k Matching Program
  • Professional Development Reimbursement
  • Flexible Personal/Vacation Time Off
  • Sick Leave
  • Paid Holidays
  • Medical, Dental, Vision Insurance
  • Employee Assistance Program
  • Parental Leave
  • Discounts on fitness clubs, travel and more
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