Investment Analysis, Senior Associate

Who we are looking for

A leader 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 a Senior Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entities.

The 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.

• 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

• Ensuring compliance with legal documents
• Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel

• Fund accounting or Public Accounting experience
• CPA or actively pursuing CPA certification
• 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.

• Process alternative investments (limited partnerships real estate and hedge funds) activity and valuations for some of the largest pension and endowment plans in the world.
• Process limited partnership real estate and hedge fund activity to the accounting books of records within 24 hours or receipt using the correct general ledgers and accounting functions.
• Monitor daily exceptions between custody and accounting applications with a focus to clear in 4 days or less.
• Retrieve limited partnership real estate and hedge fund statements from manager websites/emails and update the market values in the valuation tool.
• Run pricing daily/monthly and review/confirm all price changes over 5%.
• Complete daily and month end checklists to confirm all activity and pricing is complete.
• Training will be provided onsite with additional trainings throughout the year.
• Monitor client mailboxes and clear them daily up to 4PM.
• Be a team player and support the team on daily deliverables as well as client projects.
• Aide in the setup of clients on State Streets electronic cash flow module (ECFM).
• Maintenance of client requirements and provision of reports as provided for by these client requirements
• Participation in change management activities as assigned (e.g. restructures new benchmarks etc)
• Delivery of Universe and related products within prescribed timescales as assigned
• Liaison with data providers colleagues and clients on issues and initiatives relating to the quality and timeliness of data and the content of the reports.
• Active engagement in production monitoring and quality assurance processes.
• Processing and validation of data within specified timescales.
• Effective and timely handovers of work in progress to other teams as…