Private Equity Fund Accounting & Administration, Officer

Private Equity Fund Accounting & Administration, Officer

Join to apply for the Private Equity Fund Accounting & Administration, Officer role at State Street.

Job : R-780743

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 opportunity 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.

• Manage internal workflow and client deadlines
• Manage client relationships & liaise 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.

• Strong critical thinking, problem solving, and decision‑making skills
• Ability to lead within a team and amongst peers
• Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization skills
• Demonstrated initiative, ability to perform well under pressure, and to simultaneously handle multiple assignments
• Excellent administrative and organizational skills with proven ability to multitask and meet client deliverables efficiently

• 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

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 been helping 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. Details vary by location, but you may expect generous medical care, insurance, and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences, and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Another fundamental value at State Street is active engagement with our communities worldwide, both as a partner and a leader.

You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs, and access to employee networks that help you stay connected to what matters to you.

State Street is an equal‑opportunity and affirmative‑action employer.

In compliance with the U.S. federal government Executive Order 14042, State Street requires vaccination against COVID‑19 as a condition of…