Alternative Ops Fund Accounting, Officer

What you will be responsible for

As a Fund Accounting & Administration Officer, you will be part of the Fund Controller Group (FCG) responsible for the preparation, analysis, and reporting of performance investment data for global real estate funds and affiliated entities. FCG is part of the Real Assets Fund Administration Services team within the State Street Global Services’ Alternative Investment Solutions division, located in the Atlanta office.

This role is responsible for maintaining direct client relationships and the day-to-day accounting and administration for investment funds and affiliated entities.

• Supervising all lower level staff (including Associate 1, Associate 2 and Senior Staff).
• 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 preparation of annual tax work paper packages.
• Review and/or preparation of 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 preparation of various client related correspondence.
• Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices.
• Heavy client interaction on a daily basis.
• Coordination of annual audit and tax return preparation with Big 4 accounting firms.
• Review and/or preparation of waterfall and capital account allocations.
• Understand how to navigate through limited partnership agreement.
• Review and/or preparation of estimated tax work papers.
• Maintain working relationship 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.
• Special client projects.
• Manage internal workflow and client deadlines.
• During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or execute in accordance with corporate policy and guidelines detailed in relevant operating procedures.

• Bachelor’s degree
• 5+ years of general ledger accounting or audit experience
• 1 year of leadership experience
• Previous Financial reporting experience
• Advanced Excel skills (advanced formulas, pivot tables, vlookup)

• Accounting Degree
• Real Estate, Fund, or Private Equity accounting experience
• CPA or CPA Candidate
• Exceptional interpersonal & communication skills
• The ideal candidate will be a well-organized detailed oriented, analytical individual with exceptional interpersonal and communication skills.
• Candidates must demonstrate the ability to simultaneously handle multiple assignments and pressure while delivering the highest quality work product.

Salary Range: $70,000 - $122,500 Annual

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes 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;

and eligibility for certain tax‑advantaged savings plans.

State Street is an equal opportunity and affirmative action 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.

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.