🚀 Private Equity, Fund Accounting & Administration, Senior Associate

Overview

Join to apply for the Private Equity, Fund Accounting & Administration, Senior Associate role at State Street

The team is part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions, is a provider of fund accounting, fund administration and risk services to Hedge Funds and Private Market Funds. These services are integrated to provide end-to-end solutions for institutional investors.

Who We Are Looking For

A leader within the Private Credit Fund Services business unit of the State Street Alternative Investment Services Group. We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.

What You Will Be Responsible For

• Maintaining the general ledger for various fund entities
• Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
• Analytical review of monthly/quarterly investment and fund performance data
• Reviewing and/or preparing capital calls, distributions and bank reconciliations
• Preparing management, annual and incentive fee calculations
• Preparing various client correspondences
• Calculating waterfalls and capital account allocations
• Special projects as requested

What We Value

• Ensuring compliance with legal documents
• Maintaining working relationships with all client contacts, auditors, tax, lawyers and banking personnel

Education & Preferred Qualifications

• Fund accounting or Public Accounting experience
• Experience leading verbal and written communications at senior levels with internal and external clients
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables

About State Street

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility

We believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. State Street supports active engagement with communities worldwide, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters.

State Street is an equal opportunity and affirmative action employer.

Salary Range: $52,000 - $94,120 Annual. The range quoted above applies to the role in the primary location specified; if the candidate would work outside the primary location, the applicable range could differ.

Job Details

• Job ID: R-
• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Financial Services, Investment Banking, and Investment Management

Discover more at StateStreet.com/careers