Private Equity Fund Accounting & Administration, Officer

Private Equity Fund Accounting & Administration, Officer

4 days ago Be among the first 25 applicants

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 Solutions 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.

What You Will Be Responsible For

• Manage internal workflow and client deadlines
• Manage client relationships & liaising with client personnel on a daily basis
• Maintain good working relationships 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 and capital calls and distributions
• Review and/or prepare complex fee calculations, management fees waterfall and capital account allocations etc.
• Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What We Value

• Strong critical thinking, problem solving, and decision‑making skills
• An ability to be a leader within their team, as well as among peers
• Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
• Candidates must demonstrate initiative, perform well under pressure, and simultaneously handle multiple assignments
• Excellent administrative and organizational ability with proven efficacy in multi‑tasking and meeting 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

About State Street

State Street is one of the largest custodian banks, asset managers and asset‑intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve helped our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive and vary by location; you may expect generous medical care, insurance, and savings plans, among other perks. Flexible work programs help you match your needs, and our development programs and educational support help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are powerful contributors to an inclusive environment where everyone can thrive. We warmly welcome candidates from all backgrounds, abilities, ages, orientations, and identities. Active engagement with global communities is a core value; you’ll have tools to balance work and life, paid volunteer days, matching gift programs and employee networks.

State Street is an equal opportunity and affirmative action employer.

Salary Range: $75,000 – $127,500 Annual

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes retirement savings (401(k) with company match); insurance coverage (basic life, medical, dental, vision, long‑term disability and optional additional coverages); paid‑time off (vacation, sick leave, short‑term disability, family care); access to the Employee Assistance Program; incentive compensation…