Fund Accounting & Administration Lead

State Street; Boston (MA); On-site; USD 70,000 - 123,000; Full time

Job summary

State Street in Boston seeks a Fund Accounting & Administration Officer to supervise staff and manage client relationships for private equity funds. You will review financial work papers, statements, and annual audits, and coordinate complex fee calculations and capital allocations.

You will partner with investment professionals, auditors, lawyers, and bankers to ensure deadlines are met in a high-pressure environment.

Qualifications

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

Responsibilities

• Supervise staff (Associate 1, Associate 2, Senior Associate).
• Manage internal workflow and client deadlines.
• Manage client relationships & liaising with client personnel daily.
• Maintain good working relationships with all client contacts including investment professionals, investors, auditors, lawyers and bankers.
• 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 coordinating annual audits.
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations.

Skills

Leadership

Communication

Time management

Problem solving

Attention to detail

Education

Bachelor’s degree in accounting or finance

CPA qualification favorable

Tools

Investran

Geneva

Job description

State Street in Boston seeks a Fund Accounting & Administration Officer to supervise staff and manage client relationships for private equity funds. You will review financial work papers, statements, and annual audits, and coordinate complex fee calculations and capital allocations.

You will partner with investment professionals, auditors, lawyers, and bankers to ensure deadlines are met in a high-pressure environment.