Senior Associate, Private Markets Fund Accounting

Location: Chicago, Illinois, United States; hybrid

Salary: $50,000–$100,000 USD per year, plus potential discretionary bonus and/or equity awards.

Company

SS&C provides AI-powered technology and services for financial services and healthcare organizations, combining proprietary platforms with industry expertise.

What you will do

• Deliver accurate and timely fund accounting work for private equity and real asset clients.
• Prepare work papers covering capital activity, income and expense accruals, investment activity, and supporting schedules.
• Update carried-interest distribution waterfall models and calculate management fees.
• Review transaction documentation and understand investment structures, accruals, and related accounting requirements.
• Perform bank reconciliations, process journal entries, and support year-end audits.
• Coordinate with clients, counterparties, legal counsel, auditors, tax advisors, and internal teams to meet deadlines.

Requirements

• 2+ years of accounting experience, ideally with alternative investment funds, private equity, or real assets.
• Knowledge of US Generally Accepted Accounting Principles (GAAP), comprehensive accounting concepts, and investment partnerships.
• Bachelor’s degree in Accounting or a related field.
• Experience preparing and reviewing general ledgers, work papers, and financial statements.
• Advanced Microsoft Excel skills and proficiency in the Microsoft Office suite.
• Strong attention to detail, communication skills, and the ability to work independently and collaboratively in a deadline-driven environment.

Nice to have

• CPA and/or MBA.

Culture & Benefits

• Hybrid work environment in Chicago.
• Medical, dental, and vision coverage.
• 401(k) plan with company match.
• Paid time off, holidays, and parental leave.
• Professional development reimbursement opportunities.