Senior Director, Private Markets
SS&C Technologies
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Massachusetts • New York • United States
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Salary
💰 $185,000 - $250,000 per year
Job Level
About the role
- Manage multiple fund relationships, including scheduling and meeting all client deliverables
- Maintain/manage client expectations and coordinate deliverables timelines with staff
- Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on BDCs / REITs
- Participate in new business discussions with prospects and existing clients
- Prepare and maintain goals and career development plans for all direct reports
- Prepare semiannual performance appraisals and discussions for all direct reports
- Provide guidance and direction to staff on all technical and client-service-related topics
- Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms
- Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
- Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
- Review management fee calculations, management fee waiver contributions, etc.
- Review investor allocations and capital account statements
- Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
- Create, maintain, and/or review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
- Prepare and/or review financial statements for BDC's/REITS/3c7s, notes disclosures, and supporting schedules
- Develop/maintain robust review procedures around deliverables
- Manage the year-end audit process, in collaboration with the client and auditors
Requirements
- Bachelor’s degree in Accounting or related field
- 15+ years’ experience in accounting, with a focus on alternative investments funds – BDC / registered fund experience a plus
- CPA designation a plus
- 5+ years’ experience supervising twenty or more professional staff
- Directly responsible for hiring and termination decisions as well as providing continuous performance feedback to staff
- Hands-on management style with strong leadership skills and ability to develop staff
- Demonstrated project management skills with the ability to multi-task
- Excellent interpersonal and communication skills
- Proficiency in Microsoft Office suite, with advanced Excel skills
- Geneva experience a plus
- Team player
Benefits
- Flexibility : Hybrid Work Model & a 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!
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
accountingalternative investment fundsfinancial statementsmanagement fee calculationscapital call calculationsdistribution waterfall modelsperformance appraisalsproject managementaccrualsvaluation adjustments
Soft Skills
leadershipinterpersonal skillscommunication skillsstaff developmentmulti-taskingperformance feedbackhands-on managementclient serviceguidanceteam player
Certifications
Bachelor’s degree in AccountingCPA designation