Associate Manager, Hedge Fund/ Private Equity Fund Accounting

SS&C Technologies - Los Angeles, CA

Full-time - Entry Level

Los Angeles, CA

10,001+ employees

Professional, Scientific, and Technical Services

About the position

As an Associate Manager in Hedge Fund / Private Markets Fund Accounting at SS&C Technologies, you will play a pivotal role in supporting the Private Markets business management, new business development, and maintaining existing client relationships. This position is designed for individuals who are passionate about finance and accounting, particularly in the realm of alternative investments. You will be part of a dynamic team that values flexibility and work-life balance, allowing you to thrive in a hybrid work environment while contributing to the success of our clients and the organization. In this role, you will be responsible for the development of team members by providing technical training and sharing your extensive fund knowledge. You will review client deliverables, which include quarterly financial statements, investment data, partner capital allocations, fund net asset value, and applicable accrual bookings. As the primary liaison for your book of business, you will work closely with external parties such as auditors, law firms, and tax advisors to ensure seamless operations and compliance with various accounting standards, including IFRS, US GAAP, and local GAAP. Your responsibilities will also include the preparation, review, and maintenance of general ledgers, sub ledgers, and trial balances for multiple fund clients. You will assist in the implementation, onboarding, and setup of new client entities, contributing to the development and implementation of effective processes to enhance overall operations. Additionally, you will actively plan, coordinate, and monitor the quality and timing of various client deliverables, ensuring adherence to operating memoranda and service level agreements (SLAs). Your analytical skills will be crucial in aggregating, maintaining, and reconciling key business and client metrics, ultimately driving the success of the Private Markets Accounting team.

Responsibilities

• Support development of team members by providing technical training and sharing fund knowledge.
• Review client deliverables, including quarterly financial statements, investment data, partner's capital allocations, fund net asset value, and applicable accrual bookings.
• Act as the primary liaison for a book of business and work closely with external parties such as auditors, law firms, and tax advisors.
• Prepare, review, and maintain general ledgers, sub ledgers, and trial balances for multiple fund clients according to various accounting standards (IFRS/US GAAP/local GAAP).
• Run and assist in the implementation, onboarding, and setup of new client entities.
• Contribute to the development and implementation of adequate and effective processes to improve overall operations.
• Plan, coordinate, and monitor the quality and timing of various client deliverables according to operating memoranda/SLAs.
• Aggregate, maintain, and reconcile key business and client metrics.

Requirements

• Bachelor's degree in Accounting or related field.
• 6+ years' experience in accounting, with a focus on alternative investments funds.
• Private Equity/Real Assets experience; CPA designation and/or MBA are pluses.
• Knowledge of US Generally Accepted Accounting Principles (GAAP) and other comprehensive basis of accounting, with an emphasis on investment partnerships.
• Experience with Consolidated Financial Statements and Minority Interest.
• Proven ability to manage time effectively and multi-task between shifting priorities.
• Excellent verbal and written communication skills with the ability to interact with all levels of the organization.
• Proficiency in Microsoft Office suite, with advanced Excel skills required.

Nice-to-haves

• Experience in a hybrid work environment.
• Familiarity with financial software and accounting systems.

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!