Real Assets Fund Accounting & Administration, VP

We are seeking a Vice President for Private Markets within our Alternative Investment Solutions Group to service clients, partner with colleagues to establish workflows and deadlines, supervise staff, and deliver reporting, day-to-day accounting, and client support. This role sits within International Fund Services (IFS), acquired by State Street in July 2002, a recognized industry-leading provider of fund accounting, fund administration, and risk services to Hedge Funds and Private Market Funds, offering fully integrated end-to-end solutions across front-, middle-, and back-office requirements.

Responsibilities

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

Qualifications

• Bachelor’s degree in accounting
• 8+ years of general ledger accounting or audit experience
• 6+ years of leadership experience
• Previous financial reporting experience
• IRFS experience required
• Advanced Excel skills (advanced formulas, pivot tables, VLOOKUP)
• Real Estate, Fund, or Private Equity accounting experience
• CPA or CPA Candidate
• Exceptional interpersonal and communication skills
• Experience with Investran, Great Plains, and Oracle Financials preferred
• Well-organized, detail-oriented, analytical individual with exceptional interpersonal and communication skills
• Ability to simultaneously handle multiple assignments and pressure while working efficiently to meet client deliverables

Skills

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

Pay

Salary Range: $120,000 – $202,500 Annual (applies to the role in the primary location specified; range may differ if the candidate works outside the primary location).

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
• Flexible work programs
• Paid volunteer days and matching gift programs
• Employee networks and development programs