Senior Associate, Fund Accounting – Hybrid Private Equity & Hedge Funds

Job Title: Senior Associate, Fund Accounting - Private Equity & Hedge Funds

Locations: New York, NY (hybrid), Union, NJ (hybrid)

Support the delivery of high-quality fund accounting services across both private equity and hedge fund clients. In this role, you'll prepare and review fund accounting deliverables, process investment and investor activity, and support financial reporting. You'll work closely with clients, auditors, and internal teams while gaining broad exposure to multiple alternative investment strategies.

SS&C combines proprietary technology with deep industry expertise to support complex financial and health care operations. Our teams design, implement, and operate solutions that help clients manage data, automate processes, and scale their businesses with confidence.

You will work with industry experts, modern platforms, and evolving technologies, gaining exposure to real-world operational challenges and large-scale enterprise environments.

• Deliver accurate and timely fund accounting work within established client deadlines
• Prepare and review work papers, general ledgers, and supporting schedules
• Process private equity capital calls, distributions, management fees, and investment activity
• Update distribution waterfall and carried interest calculations
• Process hedge fund subscriptions, redemptions, income, expenses, and investment activity
• Prepare and review NAV calculations and investor allocations
• Perform cash, position, and bank reconciliations and prepare journal entries
• Review transaction documentation and understand the accounting impact of investment activity
• Prepare financial statements and supporting schedules
• Support year-end audits in collaboration with clients, auditors, and internal teams
• Interact directly with clients and counter parties, including auditors, legal counsel, tax advisors, and investment managers
• Assist with new fund launches, client onboarding, and other accounting projects

• Bachelor’s degree in Accounting, Finance, or related field; CPA and/or MBA is a plus
• 2+ years of accounting experience
• Experience with alternative investment funds, including Private Equity, Hedge Funds, Private Markets, or other alternative investment strategies
• Knowledge of US Generally Accepted Accounting Principles (GAAP) and investment accounting concepts
• Experience preparing general ledgers, work papers, reconciliations, and financial statements
• Strong analytical skills and attention to detail
• Ability to manage multiple priorities and meet deadlines independently
• Excellent verbal and written communication skills with the ability to interact with clients and all levels of the organization
• Proficiency in Microsoft Office, including strong Excel skills

• Experience working with both private equity and hedge fund structures
• Knowledge of investment partnerships, allocations, waterfalls, and NAV calculations
• Experience with fund accounting platforms such as Investran, Geneva, or similar systems
• CPA or CFA designation

Join SS&C, where innovation meets global opportunities.