Private Equity Fund Accounting and Administration, Officer

Private Equity Fund Accounting and Administration, Officer Who We Are Looking For

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 chance 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.

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder record‑keeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

• Supervise staff (including Associate 1, Associate 2 and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships & liaise with client personnel on a daily basis
• Maintain good working relationship with all client contacts including investment professionals, investors, auditors, lawyers and banking personnel
• Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partner capital allocations
• Review quarterly and annual financial statements and footnotes and coordinate annual audits
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations

• Strong critical thinking, problem solving, and decision‑making skills
• An ability to be a leader within their team, and to lead among peers
• Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization
• Demonstrated initiative, ability to perform under pressure, and the capability to handle multiple assignments simultaneously
• Excellent administrative and organizational abilities with proven multi‑tasking and efficient client deliverable management
• Investran experience preferred

• 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
• Ability to thrive and function in a high‑pressure, deadline‑driven environment
• CPA qualification is favourable but not required
• Experience with Investran or Geneva preferred but not required

$67,000 - $109,750 Annual

State Street is an equal opportunity and affirmative action employer.