Job Title: Director, Private MarketsAccounting
Location: Union, NJ (Hybrid)
About the Role
The Director will be responsible for a broad spectrum of financial and accounting matters affecting our Private Markets clients. Directors should have a strong background in accounting for alternative investment funds, with a focus on private markets, proven client management skills, and the ability to manage and lead a team in monitoring client deliverables and meeting deadlines. Additionally, the Director is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions. The Director will be responsible and accountable for the development and execution of plans, including setting functional priorities for team and production.
How You Will Make an Impact
- Lead teams supporting the fund administration services to clients
- Primary liaison for book of business and work closely with external parties such as auditors, law firms and tax advisors
- 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, including offsetable amounts, 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
- Manage the year-end audit process, in collaboration with the client and auditors
- Implement adequate and effective processes to improve the overall operations
- Participate in new client business analysis with prospects and existing clients
- Review fund governing documents, offering documents
- Support fee models and deal financial analysis development
- Provide support with content for presentations and assist with preparation of presentations
- Assistance with Request For Proposal (RFP) responses and document management
- Support multiple client implementations and onboarding events, ensuring appropriate resources to meet project
- Promote corporate goals andbusiness/departmentalinitiatives
Required Experience
- 3+ years9 experience supervising, training, delegating tasks, and managing large teams
- Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting, with an emphasis on investment partnerships
- Bachelor9s degree in Accounting or related field
- 10+ years9 experience in Private Equity/Real Assets fund accounting
- Excellent interpersonal and communication skills and able to interact with others at various levels
- Excellent client relationship management skills
- Strong organizational skills and ability to work in a fast-paced environment
- Proficiency in Microsoft Office suite, with advanced Excel skills
- Experience working collaboratively with peers, part of a team and work independently
What Sets You Apart
- CPA designation and/or MBA a plus
- Directly responsible for hiring and termination decisions as well as providing continuous performance feedback to staff
- Deadline-oriented with ability to complete assigned tasks independently.
- Demonstrated project management skills with the ability to multi-task
- Hands-on management style with strong leadership skills and ability to develop staff
Join SS9C, where innovation meets global opportunities. to apply.
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SS9C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.
Actual base salary will vary based on several factors, including but not limited to relevant skills, prior experience, education, demonstrated performance, and geographic location.
New Jersey: The expected base salary for the position is between $115,000 USD to $210,000 USD.
In addition, employees in this role may be eligible for consideration on an annual basis for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, based upon individual and business performance at the company9s discretion.
Applications will be accepted on an ongoing basis until the position is filled.
