Private Equity, Fund Accounting & Administration, Vice President

About the role

We are looking for a Vice President (VP) for our Private Markets to service clients for our division of Alterative Investment Solutions Group. They will partner with both clients and colleagues to establish the workflow and client deadlines while supervising staff members. They will be responsible for delivering reporting and day-to-day accounting and support for our clients.

Responsibilities

• Supervising all lower level staff (including Associate 1, Associate 2, Senior Staff, Officer and AVP).
• Managing client relationships with both client personnel and fund investors.
• Reviewing quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations.
• Reviewing quarterly and annual financial statements and footnotes.
• Review and/or preparation of annual tax work paper packages.
• Review and/or preparation of capital calls and distributions, including notices and release merged documents.
• Reviewing monthly bank reconciliations and post journal entries.
• Reviewing quarterly management fee calculations.
• Review and/or preparation of various client related correspondence.
• Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices.
• Heavy client interaction on a daily basis.
• Cordination of annual audit and tax return preparation with Big 4 accounting firms.
• Review and/or preparation of waterfall and capital account allocations.
• Understand how to navigate through limited partnership agreement.
• Review and/or preparation of estimated tax workpapers.
• Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel.
• Ensure compliance with investment fund legal documents, i.e. partnership agreement.
• Aid accounting managers to ensure compliance with investment fund agreements and other legal documents.
• Manage internal workflow and client deadlines.
• During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

What We Value

• Strong critical thinking, problem solving, and decision making skills.
• Excellent administrative and organizational skills.
• Ability to multi task and work efficiently to meet client deliverables.

Education & Preferred Qualifications

• Bachelor’s degree with accounting.
• 12+ years of general ledger accounting or audit experience.
• 6+ years of leadership experience.
• Previous Financial reporting experience.
• Advanced Excel skills (advanced formulas, pivot tables, VLOOKUP).

Additional Requirements

• Real Estate, Hedge Fund, or Private Market accounting experience.
• Exceptional interpersonal & communication skills.
• Experience with Investran, Great Plains and Oracle Financials preferred.

Salary Range

$115,000 - $216,250 Annual

Benefits

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans. For a full overview, visit https://hrportal.ehr.com/statestreet/Home.