As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.
Job Description
Manager – Private Equity Services (SS&C Technologies, Inc., New York, NY): The Manager - Private Equity Services is an individual contributor role responsible for managing and monitoring transaction processing, proper application of accounting principles to complex transactions, and financial reporting, for our private equity clients. The role is responsible for a broad spectrum of financial and accounting matters affecting our private equity clients. Additionally, the Manager is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions, as well as preparing financial reports. Specific duties include: managing one or more client relationships, including scheduling and meeting all client deliverables; maintaining/managing client expectations and coordinating deliverable timelines; demonstrating strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity limited partnerships; reviewing fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms; reviewing all transaction documentation and supporting files, and understanding the features of the investment transactions, accruals, etc.; preparing/reviewing work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments; preparing/reviewing management fee calculations, including offsetable amounts, management fee waiver contributions; preparing/reviewing investor allocations and capital account statements; preparing/reviewing capital call and distribution calculations, sources/uses of cash, allocations, and investor notices; creating, maintaining, and/or reviewing distribution waterfall (carried interest) models, in keeping with the applicable fund terms; preparing/reviewing financial statements, notes disclosures, and supporting schedules; helping manage the year-end audit process, in collaboration with the VP, client, and auditors; providing guidance and direction on technical and client-service-related topics for junior staff, assist in preparation of goals and career development plans, and provide input for performance appraisals; and supporting the tax team as needed with information to prepare tax compliance/reports.
Minimum requirements: Bachelor’s degree or equivalent in Accounting, Finance, Commerce or a related field plus 4 years of experience in an accounting role.
Must have: Strong knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting, specifically with respect to alternative investment funds, with a focus on private equity, hedge funds, and hybrid funds. 4 years of experience with developing and implementing consistent policies and procedures for clients including business analysis, new requirements, workflow, and operational review. Strong expertise with fund accounting system Investran, including onboarding and setup of new client entities. Proven ability in reviewing fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms. Proven ability with capital call and distribution calculations, sources/uses of cash, allocations, and investor notices. Proven ability reviewing all transaction documentation and supporting files, and understanding the features of the investment transactions, accruals, etc. 4 years of experience with various management fee calculations, including offsetable amounts and management fee waiver contributions. 4 years of experience reviewing work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, etc. 4 years of experience creating, maintaining, or reviewing distribution waterfall (carried interest) models, in keeping with the applicable fund terms. Proven ability with preparing or reviewing financial statements, notes disclosures, and supporting schedules, including consolidated and combined financial statements. 4 years of experience with investor allocations, including deal specific and non-commitment based allocations and capital account statements. Proven ability managing the year-end audit process, in collaboration with the client and auditors.
Salary: $146,141 to $160,000 year
Apply online at https://www.ssctech.com/about-us/careers or send resume to: Becky Piro-Williamson, Talent Acquisition, SS&C Technologies, Inc., becky.pirowilliamson@sscinc.com. Ref: 00048313. An EOE.
#LI-DNI
Unless 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.
SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan.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.
Salary is determined by various factors including, but not limited to, relevant work experience, job related knowledge, skills, abilities, business needs, and geographic regions.NY: Salary range for the position: 146141 USD to 160000 USD.
