We are seeking an experienced and results-driven SeniorAccounting Product Manager to lead our alternative investments accounting product portfolio. In this role, you will own the backlog, development, testing, enhancement, and implementation of capabilities that supportdifferent typesof private fundsincl. private equity, private credit, real estate, infrastructure, fund-of-funds, and other illiquid/alternative assets. You will work closely with cross-functional teamsincluding technology, operations, implementations, sales, and complianceto ensure our offerings meet the complex and evolving needs of asset owners and asset managers and remain competitive in the marketplace.
Product Strategy & Development
Define and execute the product roadmap for alternative investment accounting products, aligning with company goals, client needs, and the broader investment accounting platform.
Translate the nuances of alternative assets (e.g., capital calls and distributions, unfunded commitments, NAV and economic NAV, waterfalls, fee structures, secondary transactions) into clear product requirements and prioritized backlog.
Alternatives Domain Leadership
Serve as an internal subject-matter expert on alternatives accounting, including fund structures, capital account activity, performance metrics, and multi-basis/multi-GAAP reporting.
Champion end-to-end workflows for alternatives (e.g., ingestion of capital account statements and notices, commitment tracking, NAV and book value alignment, fee and carry calculations, look-through and exposure reporting).
Cross-functional Collaboration
Work closely with product, engineering, data, operations, and client services teams to ensure successful delivery of features and enhancements for alternative assets.
Collaborate with implementation and operations teams to design scalable onboarding and workflows for alternatives, including integrations with third-party administrators, GPs, and document/data providers.
Act as the primary liaison between product development and external stakeholdersincluding key clients, partners, and, where appropriate, regulators—on matters related to alternative investment accounting.
Client & Market Engagement
Testing & Quality Assurance
Define and oversee the testing strategy for new features and enhancements, with particular attention to complex alternatives use cases (e.g., capital account roll forwards, NAV/book value alignment, custom waterfalls, multiple bases).
Ensure that delivered functionality meets high standards for accuracy, performance, and reliability across large, complex alternatives portfolios.
Performance Monitoring & Reporting
Prepare reports and presentations for senior management that summarize product status, key wins, risks, and market insights specific to the alternatives business.
Regulatory Compliance & Risk
Stay informed about accounting, regulatory, and industry developments impacting alternative investments (e.g., fund reporting standards, insurance and asset owner regulations, valuation and disclosure guidance).
8+ years of experience in investment accounting or product management, with a strong focus on alternative investments (e.g., private equity, private credit, real estate, infrastructure, or fund-of-funds).
Deep understanding of investment accounting principles and financial instruments relevant to alternatives, including capital account activity, NAV and book value, fee and carry structures, and performance measurement.
Familiarity with relevant accounting and reporting frameworks (e.g., US GAAP, IFRS, and/or statutory/regulatory requirements) as they apply to alternative assets.
Excellent analytical, problem-solving, and decision-making skills, with comfort working with large, detailed datasets and complex cash flow/valuation scenarios.
Strong communication and interpersonal skills, with the ability to collaborate effectively across technology, operations, sales, and client-facing teams and to communicate clearly with senior stakeholders and clients.
Proficiency with modern product and project management tools and methodologies (e.g., agile, Jira, Aha, backlog management, discovery and validation practices).
Preferred Qualifications:
Professional designation such as CPA, CFA, or CAIA, or equivalent experience in alternatives accounting or investments.
Prior experience working for or with asset owners, asset managers, fund administrators, or service providers focused on alternative investments.
Salary Range
$179,400.00 - $243,136.45
This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
