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5 people found this helpful  

Mixed emotions

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Fund Accountant  in  Toronto, ON (Canada)
Current Employee - Fund Accountant in Toronto, ON (Canada)

I have been working at SS&C full-time for more than 3 years

Pros

- Casual work environment

- Very flexible as long as you get your work done

- Some very good people in upper management in Toronto

- Appreciative of good work

- Rewards employees (although not in a timely basis)

- Open door policy- you can talk to upper management freely. They may not have the power to change things but will hear you out without having a bias against you

- This place will be kind to those who do a good job and who are honest

- Great experience. Employees have the power to learn as much as they like. No one will stop you from learning your hearts desire or doing things your way. Employees are given a great level of autonomy and training is never refused (although there is no formal training- their is no dearth of it when asked for it).
There is a lot of support and help for those who are genuinely interested. Supervisors don't hide information for the fear of competition or knowingly harm someones career to up their own chances.

 At big shops where there are so many people doing the same thing, the competition and politics is ruthless. Employees want to see their peers fail so they look better in comparison. The culture at the big places was petty and very unproductive. In contrast SS&C is more focused on getting the work done without a lot of name calling, back biting or cat fighting.

- A fund accountant can learn a lot more than the menial fund accounting job that people in the same role in big companies do. A fund accountant at SS&C is introduced to a lot more facets of the business, like trouble shooting, relationship management, seeing a fund from it's inception to it's end, IT resolution. These aspects may seem overwhelming to some but are great sources to garner varied experience and to boost confidence.

Cons

- Poor IT systems. The systems have gotten unbearably slow over the years. A task that used to take an hour to do a couple of years ago now takes twice the amount of time. This puts a lot of pressure on employees trying to get work done. It is also a a major de-motivator to see your self work faster than a machine.

- High turnover recently. The high turnover makes it look like a unattractive place to work in which is not true. Recently, 90% of the new hires have been fresh grads. The high turnover is mostly a result of perception. The fresh grads see others leaving and make up their mind that they should be looking out for better prospects as well. They have no desire to stay at a place that looks small, lacks the bling of bigger organizations (it's amazing what a few free dinners, wine and a few motivational workshops do for employee retention at bigger places) and is their first job. They typically view their first job as low paying and want to move to something bigger at the first possible opportunity. This constant turnover puts a lot of stress on those who stay behind and have to train and re-train.

- Upper management though intelligent and capable don't seem to be people managers. For some odd reason they appear to be indifferent to the constant turnover and are not taking measures to curb this decline in culture and morale of good employees.

- Unpleasant looking environment. There is paper all over the place. Even if ti's boxed, the boxes are lying around doing nothing. Please help get rid of of the mess in the office and make it look a little presentable and less of a fire hazard. Keep uniform chairs across the office and get some ergonomically chairs so that the environment doesn't feel like it's in constant need for a revamp. Make it a little modern and up to date. An office makeover would make employees feel proud of working where they are and probably make them more productive

-No RRSP match

-No OT

- Employees sometimes have a lot of responsibility but not enough authority or resources to be able to handle that responsibility

- Recently a lot of people don't seem to be knowing their jobs which is frustrating and makes it difficult to get work done. There is always also something more important to work on due to limited resources

Advice to ManagementAdvice

Working at SS&C is a good opportunity, please give this opportunity to those that will appreciate it.

Fresh grads may be cheaper to hire but they come with a disillusioned perception of a work place. They are difficult to retain and are often times ungrateful to the hand that feeds them.

Be willing to pay a little more for good, experienced employees and make good hiring decisions to alleviate stress on existing employees. Try to hire a mix of experienced professionals (more of them) and newbies (fewer of these) till the demographics in the office become normal again.

Be more open with employees, talk to them more. Meeting with them as a team and giving them a glimpse into the future/current situation on a regular basis will help motivate them. Continue to do the free breakfasts once in a while. Hire professionals and do team building events and have every person in upper management turn up to harbor a sense of togetherness in the office.

Recommends
Neutral Outlook
Approves of CEO

94 Other Employee Reviews for SS&C (View Most Recent)

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  1. 1 person found this helpful  

    Senior Fund Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Fund Accountant  in  Mississauga, ON (Canada)
    Current Employee - Senior Fund Accountant in Mississauga, ON (Canada)

    I have been working at SS&C full-time for more than 3 years

    Pros

    People, knowledge of full-cycle accounting, on-boarding of clients, conversions exposure, training allowance

    Cons

    Growth opportunities, long hours--no overtime pay

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Work somewhere else

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investor Relations
    Current Employee - Investor Relations

    I have been working at SS&C full-time for more than a year

    Pros

    -Wear jeans to work
    -Hard to get fired
    -Decent compensation give location and economy

    Cons

    -Management does no care about employees
    -Advancement is almost nonexistant
    -Reactive company rather than proactive
    -Immature work environment at times
    -It has been over 1 year and I am still yet to get a preformance review
    -Raises/Bonuses get pushed back constantly
    -CEO/Owner Bill Stone is a poor representation of the company
    -Company does well by investors and cares little about employees

    Advice to ManagementAdvice

    Jump ship before it sinks

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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