Financial Reporting Specialist
5 days ago
As a Financial Reporting Specialist at SS&C Advent, you will play a critical role in ensuring the accuracy and timeliness of financial reports for our private equity clients.
The successful incumbent will be responsible for applying accounting principles to complex transactions and financial reporting, demonstrating a strong command of financial analysis and regulatory requirements. They will work closely with the team to deliver high-quality work product within specified deadlines, coordinating efforts to meet client expectations.
A key responsibility of this role is reviewing and preparing transaction documentation, including understanding the features of investment transactions, accruals, and other financial data. This requires a keen eye for detail and the ability to analyze complex information to ensure accuracy and completeness.
Key Responsibilities:
- Contribute toward a team covering one or more client relationships.
- Deliver accurate and timely work product within specified deadlines, and in coordination with the Manager and other team members.
- Review/prepare all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
- Perform bank reconciliations, process journal entries, and prepare supporting financial schedules.
- Handle daily/routine client information requests.
- Review/prepare work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
- Review/prepare management fee calculations and supporting schedules.
- Review/prepare investor allocations and capital account statements.
- Review/prepare capital call and distribution calculations, sources/uses of cash, allocations, and investor notices.
- Update distribution waterfall (carried interest) models, in keeping with the applicable fund terms.
- Preparation of financial statements, notes disclosures, and supporting schedules.
- Support the year-end audit process, in collaboration with the team, client, and auditors.
- Where applicable, support the tax team with information to prepare tax compliance/reports.
- Support corporate goals and business/departmental initiatives.
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