State Street
Private Equity, Fund Accounting & Administration, Officer
State Street, Kansas City, Missouri, United States, 64101
Join to apply for the
Private Equity, Fund Accounting & Administration, Officer
role at
State Street .
Who We Are Looking For State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Services business group. Our PE team delivers customized service solutions for investment funds that have closed‑end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the chance to service hybrid hedge and private equity products for industry‑leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams, including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.
Why this role is important to us The team you will be joining is part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to essential financial tools to deliver effective investment solutions. From core custody, accounting, fund administration, and shareholder recordkeeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity, and real estate, SSGS tools help clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What You Will Be Responsible For
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 daily
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 fee waterfalls, and capital account allocations
What We Value
Strong critical thinking, problem‑solving, and decision‑making skills
Ability to lead within your team and among peers
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
Initiative, ability to perform well under pressure, and simultaneous handling of multiple assignments
Excellent administrative and organizational skills with proven ability to multi‑task and meet client deliverables efficiently
Investran experience preferred
Education & Preferred Qualifications
Bachelor’s degree in Accounting or Finance
At least 5‑6 years of Private Equity experience
Experience with alternative investment asset classes, complex fund structures and fee calculations desired
Ability to thrive in a high‑pressure deadline‑driven environment
CPA qualification favorable but not required
Experience with Investran or Geneva favorable but not required
Salary Range $70,000 - $122,500 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, and long‑term disability; 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.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Equal Opportunity Employer As an Equal Opportunity 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.
Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID: R-781678
#J-18808-Ljbffr
Private Equity, Fund Accounting & Administration, Officer
role at
State Street .
Who We Are Looking For State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Services business group. Our PE team delivers customized service solutions for investment funds that have closed‑end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the chance to service hybrid hedge and private equity products for industry‑leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams, including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.
Why this role is important to us The team you will be joining is part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to essential financial tools to deliver effective investment solutions. From core custody, accounting, fund administration, and shareholder recordkeeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity, and real estate, SSGS tools help clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What You Will Be Responsible For
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 daily
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 fee waterfalls, and capital account allocations
What We Value
Strong critical thinking, problem‑solving, and decision‑making skills
Ability to lead within your team and among peers
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
Initiative, ability to perform well under pressure, and simultaneous handling of multiple assignments
Excellent administrative and organizational skills with proven ability to multi‑task and meet client deliverables efficiently
Investran experience preferred
Education & Preferred Qualifications
Bachelor’s degree in Accounting or Finance
At least 5‑6 years of Private Equity experience
Experience with alternative investment asset classes, complex fund structures and fee calculations desired
Ability to thrive in a high‑pressure deadline‑driven environment
CPA qualification favorable but not required
Experience with Investran or Geneva favorable but not required
Salary Range $70,000 - $122,500 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, and long‑term disability; 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.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Equal Opportunity Employer As an Equal Opportunity 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.
Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID: R-781678
#J-18808-Ljbffr