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. The PE NAV role is the hub in the delivery of administrative services, interacting daily with various functional teams.

Responsibilities

• Supervise staff (including Associate 1, Associate 2, and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships and liaise with client personnel on a daily basis
• Maintain good working relationships 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

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 handle multiple assignments
• Excellent administrative and organizational skills with the proven ability to multi-task and meet client deliverables
• Investran experience is preferred

Benefits

The salary range for this role is $70,000 - $122,500 annually. Additional benefits include:

• 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
• Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• Tax-advantaged savings plans

Pay

The salary range for this role is $70,000 - $122,500 annually. Employees are eligible to participate in State Street's comprehensive benefits program, including:

• 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)
• Tax-advantaged savings plans

Schedule

The schedule for this role is typically full-time.

Skills

Strong critical thinking, problem-solving, and decision-making skills, as well as strong communication, interpersonal, and organizational skills, including excellent time management and prioritization skills, are highly valued.