SS&C Technologies - New York, NY

posted about 2 months ago

Full-time - Manager
New York, NY
10,001+ employees
Professional, Scientific, and Technical Services

About the position

As a Manager in Hedge Fund Accounting at SS&C, you will play a pivotal role in overseeing teams that support fund administration services for our clients. This position is integral to the Private Markets Accounting team, which specializes in the administration of alternative investment funds, particularly focusing on Private Equity and Real Assets. You will be responsible for developing and executing strategic plans, setting functional priorities for your team, and ensuring the production of high-quality deliverables. Your expertise in accounting will be crucial as you manage the preparation of both audited and unaudited financial statements, partner capital statements, and the underlying work papers necessary for these processes. In this role, you will demonstrate a comprehensive understanding of accounting principles, particularly US Generally Accepted Accounting Principles (GAAP), and will manage the fund audit process effectively. You will also be tasked with developing and maintaining the internal Private Equity business reporting calendar, ensuring that all reporting is timely and accurate. Your responsibilities will include reviewing client deliverables, which encompass realized and unrealized gains/losses, management fees, investor allocations, investment data, and partner capital allocations. Additionally, you will oversee the review and maintenance of general ledgers, sub ledgers, and trial balances for multiple fund clients, adhering to various accounting standards such as IFRS, US GAAP, and local GAAP. Your role will also involve the aggregation, maintenance, and reconciliation of key business and client metrics, ensuring that all financial data is accurate and reflective of the current state of the funds you manage. This position offers a unique opportunity to lead a team in a dynamic environment, where your leadership and project management skills will be essential in driving success and fostering a collaborative team culture.

Responsibilities

  • Oversee teams supporting fund administration services to clients
  • Manage client implementation and onboarding
  • Plan and oversee the preparation of audited and unaudited financial statements, partner capital statements and underlying work papers
  • Demonstrate knowledge of accounting and manage the fund audit process
  • Develop and maintain the internal Private Equity business reporting calendar
  • Review client deliverables, including realized and unrealized gains/losses, management fees, investor allocations, investment data and partner's capital allocations
  • Review and maintenance of general ledgers, sub ledgers and trial balances for multiple fund clients, according to various accounting standards (IFRS/US GAAP/local GAAP)
  • Aggregation, maintenance and reconciliation of key business and client metrics

Requirements

  • Bachelor's degree in Accounting or related field
  • 9+ years' experience in accounting, with a focus on Private Equity/Real Asset funds
  • CPA designation and/or MBA preferred
  • Strong 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 required
  • Excellent client relationship and project management skills
  • Previous leadership, training, delegation and work review experience
  • Excellent verbal and written communication skills with the ability to interact with all levels of the organization
  • Proficiency in Microsoft Office suite, advanced Excel skills required

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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