State Street
Private Equity Fund Accounting & Administration, Officer
State Street, Boston, Massachusetts, us, 02298
Private Equity Fund Accounting & Administration, Officer
State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. This role offers the opportunity to service hybrid hedge and private equity products for leading asset managers. The PE NAV role is the hub in the delivery of administrative services.
Responsibilities
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
Oversee the general ledger for various fund entities
Work with internal teams both onshore and abroad
Review quarterly and annual financial workpaper packages
Review investor allocations, capital calls and distributions
Review and/or prepare complex fee calculations, management fee waterfall and capital account allocations
What We Value
Strong critical thinking, problem solving, and decision making skills
Ability to be a leader within their team, as well as a leader among peers
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
Demonstrated initiative, ability to perform well under pressure, and handle multiple assignments simultaneously
Excellent administrative and organizational skills with proven ability to multi‑task and meet client deliverables
Education & Preferred 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 desired
Salary Range $75,000 – $127,500 Annual (primary location)
EEO Statement State Street is an equal opportunity and affirmative action employer. We consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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Responsibilities
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
Oversee the general ledger for various fund entities
Work with internal teams both onshore and abroad
Review quarterly and annual financial workpaper packages
Review investor allocations, capital calls and distributions
Review and/or prepare complex fee calculations, management fee waterfall and capital account allocations
What We Value
Strong critical thinking, problem solving, and decision making skills
Ability to be a leader within their team, as well as a leader among peers
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
Demonstrated initiative, ability to perform well under pressure, and handle multiple assignments simultaneously
Excellent administrative and organizational skills with proven ability to multi‑task and meet client deliverables
Education & Preferred 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 desired
Salary Range $75,000 – $127,500 Annual (primary location)
EEO Statement State Street is an equal opportunity and affirmative action employer. We consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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