Private Equity Fund Accounting & Administration, Senior Associate

About the role

This Senior Associate position is within the Private Equity Fund Services Business Unit of the State Street Alternative Investment Services (AIS) group, a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity/credit funds. The position will interact directly with external clients as well as State Street onshore and offshore teams, providing complete end-to-end solutions for a major Private Equity/Credit Investment Fund.

Responsibilities

• Review and/or prepare daily position and cash reconciliations, research and resolve discrepancies
• Prepare and process journal entries, maintain general ledger
• Prepare capital calls and distribution allocation schedules
• Prepare financial work papers including portfolio schedules partners' capital allocations and capital statements
• Prepare process and monitoring USD and non-USD cash movement
• Review Junior Associate and offshore teams' work
• Prepare various client correspondence and related ad hoc correspondence
• Interacts with internal and external auditors providing requested information to specific inquiries as needed
• Participate in special client or internal projects

Qualifications

• 3-5 years of fund accounting or related experience
• Advanced MS Excel skills
• Attention to detail
• Time management
• Experience with Investran a plus
• Experience with investment/Portfolio accounting platforms a plus
• Specific experience in the Private Equity industry preferred
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables

Pay

$52,000 - $94,120 Annual

Benefits

• 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