Alternative Operations Fund Accounting, Associate

Position: Alternative Operations Fund Accounting, Associate 2
Who we are looking forWork within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.

As an Associate 2 you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entities.

Why this role is important to usThe team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for Maintaining the general ledger for various fund entities

Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations

Preparing financial statements and footnote disclosures

Analytical review of monthly/quarterly investment and fund performance data Reviewing and/or preparing of capital calls, distributions and bank reconciliations

Preparing management, annual and incentive fee calculations

Preparing various client correspondences

Calculating waterfalls and capital account allocations

Special projects as requested

What we value

Ensuring compliance with legal documents

Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel

Ability to work with high attention to detail, proactively in a team and within a dynamic environment.

Establish and maintain good working relationships with internal clients and colleagues.

Ability to communicate effectively and timely with external counter parties.

Supporting senior colleague’s and following/completing their requests.

Excellent organization and time management skills with the flexibility to multitask prescheduled activities and meet deadlines

Education &

Preferred Qualifications Bachelor’s degree in finance, Accounting, Economics, or Business Management Strong financial accounting knowledge and proficiency

Experience leading verbal and written communications at senior levels with internal and external clients

Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

Possess strong computer skills including Microsoft Office applications.

Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team.

Strong analytical and organizational skills.

About State Street What we do. 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…