Private Credit Fund Accounting and Administration, Senior Associate

Private Credit Fund Accounting and Administration, Senior Associate

Join to apply for the Private Credit Fund Accounting and Administration, Senior Associate role at State Street

A leader within the Private Credit 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.

• Maintaining the general ledger for various fund entities
• Preparing supporting work papers for financial statements, portfolio schedules, and capital account allocations
• Analytical review of monthly/quarterly investment and fund performance data
• Reviewing and/or preparing 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 relationships with all client contacts, auditors, tax, lawyers, and banking personnel

• Fund accounting or public accounting experience
• 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

$52,000 - $94,120 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 our Employee Assistance Program; incentive compensation including eligibility for annual performance‑based awards (excluding certain sales roles subject to sales incentive plans);

and eligibility for certain tax‑advantaged savings plans.

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Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work‑life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

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.