Fund Accounting Consultant | Managed Operations

As a leading financial services and healthcare technology company based on revenue SS&C is headquartered in Windsor Connecticut and has 27000 employees in 35 countries. Some 20000 financial services and healthcare organizations from the worlds largest companies to small and mid-market firms rely on SS&C for expertise scale and technology.

Job Description

Fund Accounting Consultant Managed Operations

Location: New York

Get to Know Us:
SS&C Advent is seeking an experienced Fund Accounting Consultant to join its Managed Operations division supporting sophisticated buyside clients across a broad range of fund structures and operating models. This role requires a fundcontroller level understanding of fund accounting including close processes valuation accruals and financial control. The consultant is accountable for producing highquality accounting outputs that support downstream investor reporting and allocations. While reconciliations and investor allocations are performed by other teams this role must understand all upstream and downstream dependencies and operate with strong ownership and judgement.
The successful candidate will operate as a consultative partner to large complex funds in addition to a production processor.

Why You Will Love It Here!

• Flexibility: Hybrid Work Model and Business Casual Dress Code including jeans
• Your Future: 401k Matching Program Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off Sick Leave Paid Holidays
• Your Wellbeing: Medical Dental Vision Employee Assistance Program Parental Leave
• Wide Ranging Perspectives: Committed to Celebrating the Variety of Backgrounds Talents and Experiences of Our Employees
• Training: Hands-On Team-Customized including SS&C University
• Extra Perks: Discounts on fitness clubs travel and more!

What You Will Get to Do:

• Fund Accounting Delivery & Close Oversight

• Deliver fund accounting services across multiple fund types and structures including:

• Standalone funds and Master / Feeder structures (including profit and loss push / pull mechanics)

• Cayman and Delaware domiciled funds

• UCITS and other regulated vehicles

• Capital account driven and alternative investment structures including private investments and side pockets

• Execute and manage daily monthly and quarterly close cycles including:

• Closed period accounting and subsequent period adjustments

• Alignment to client timelines for preliminaries finals and investor reporting

• Own core fund accounting activities including:

• Accrual and expense accounting (cash versus accrual treatment)

• Fee calculations and postings including management performance administration and carried interest

• High water marks hurdle rates benchmark returns and retained earnings

• Accounting for capital activity bank debt (funded unfunded and commitments) and complex instruments

• Valuation and foreign exchange treatment aligned to pricing and valuation policies

• Apply sound judgement across accounting nuances such as:

• Derivatives including swaps and Open Trade Equity (OTE) treatment

• Offsets tolerances and threshold agreements

• Chart of accounts alignment and financial statement presentation

Operational Control Dependencies & Collaboration

• Maintain a strong working understanding of reconciliation processes including:

• Cash position profit and loss Open Trade Equity (OTE) and trial balance reconciliations

• Market value versus cost tax lots and valuation support

• Partner closely with internal reconciliation and upstream accounting teams to:

• Understand accounting outcomes timing and dependencies

• Confirm readiness for close and downstream use

• Identify and escalate issues with potential reporting or allocation impact

• Support client onboarding and solution design working directly with clients and internal implementation teams to:

• Gather and validate accounting requirements

• Provide input into system configuration and accounting approach

• Participate in testing walkthroughs and controlled handover into steady state delivery

• Operate in line with agreed service level agreements operational calendars and runbooks contributing to:

• Runbook refinement and maintenance

• Documentation of best practices

• Continuous improvement and standardization of repeatable processes

• Work collaboratively with downstream functions (including investor accounting and allocations) to provide accounting context and support ensuring consistent understanding of fund level outcomes

What You Will Bring:

• 610 years experience in fund accounting fund control or managed operations

• Strong experience with Advent Geneva or equivalent fund accounting platforms

• Proven ability to manage complex fund structures and multiple close cycles

• Strong accounting judgement across accruals fees valuation derivatives and period close

• CPA preferred (or equivalent accounting qualification)

• Comfortable engaging with client Fund Controllers Chief Financial Officers and senior operations teams

• Consultative mindset with strong ownership communication skills and attention to control

Thank you for your interest in SS&C! If applicable to further explore this opportunity please apply directly with us through our Careers page on our corporate website @ explicitly requested or approached by SS&C Technologies Inc. or any of its affiliated companies the company will not accept unsolicited resumes from headhunters recruitment agencies or fee-based recruitment services.

Applications will be accepted on an ongoing basis until the position is filled.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race color religious creed gender age marital status sexual orientation national origin disability veteran status or any other classification protected by applicable discrimination laws.