Private Equity, Fund Accounting & Administration, Officer

About the role

State Street is an industry leader in providing administrative fund services to Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. The PE NAV role is the hub in the delivery of administrative services, interacting daily with functional teams including trade operations, investor services, custody, tax, and financial reporting.

Responsibilities

• Supervise staff (including Associate 1, Associate 2, and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships & liaise with client personnel on a daily basis
• Maintain good working relationship with all client contacts including investment professionals, investors, auditors, lawyers, and banking personnel
• Review quarterly and annual financial work paper packages including portfolio schedules, accruals, and partner capital allocations
• Review quarterly and annual financial statements and footnotes and coordinate annual audits
• Review and/or prepare complex fee calculations, management fees, waterfall, and capital account allocations, etc.

Qualifications

• Bachelor’s degree in Accounting or Finance
• At least 5 to 6 years of Private Equity experience
• Experience with alternative investment asset classes, complex fund structures, and fee calculations
• Ability to thrive and function in a high-pressure deadline-driven environment
• Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments
• Excellent administrative and organizational skills with the proven ability to multi-task and efficiently meet client deliverables
• Investran experience is preferred

Skills

Strong critical thinking, problem-solving, and decision-making skills
An ability to be a leader within their team, as well as be a leader amongst their peers
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization skills

Benefits

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes:

• Retirement savings plan (401K) with company match
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• Paid-time off including vacation, sick leave, short-term disability, and family care responsibilities
• Access to Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• Eligibility for certain tax-advantaged savings plans

Pay

$70,000 - $122,500 Annual

Schedule

Not specified