Manager - Hedge Fund/ Private Equity Fund Accounting

SS&C Technologies - Los Angeles, CA

Full-time - Manager

Los Angeles, CA

Professional, Scientific, and Technical Services

About the position

As a Manager in Hedge Fund/Private Equity Accounting at SS&C Technologies, you will play a pivotal role in overseeing the Private Markets Accounting team. This team is dedicated to providing comprehensive administration for alternative investment funds, particularly focusing on Private Equity and Real Assets. Your responsibilities will include developing and executing strategic plans that set functional priorities for the team, ensuring that all production goals are met efficiently and effectively. You will be instrumental in managing client relationships, particularly during the implementation and onboarding phases, ensuring a seamless transition and ongoing support for our clients. In this role, you will also be responsible for planning and overseeing the preparation of both audited and unaudited financial statements, partner capital statements, and the underlying work papers necessary for accurate reporting. Your expertise in accounting will be crucial as you manage the fund audit process, ensuring compliance with various accounting standards, including IFRS, US GAAP, and local GAAP. You will develop and maintain the internal Private Equity business reporting calendar, which is essential for tracking and reporting key financial metrics. Additionally, you will review client deliverables, which include realized and unrealized gains and losses, management fees, investor allocations, investment data, and partner capital allocations. Your role will also involve the review and maintenance of general ledgers, sub ledgers, and trial balances for multiple fund clients, ensuring accuracy and compliance with accounting standards. You will be responsible for the aggregation, maintenance, and reconciliation of key business and client metrics, which are vital for informed decision-making and strategic planning.

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

• Deep understanding of administration for alternative investment funds with a focus on Private Equity/Real Assets
• Experience in managing client implementation and onboarding processes
• Strong knowledge of accounting principles and practices
• Ability to prepare audited and unaudited financial statements and partner capital statements
• Experience in managing the fund audit process
• Familiarity with various accounting standards (IFRS/US GAAP/local GAAP)
• Strong analytical skills for reviewing client deliverables and financial metrics

Nice-to-haves

• Experience in a hybrid work environment
• Knowledge of fund administration services
• Familiarity with financial reporting calendars
• Experience in team management and development

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