Fund Accounting & Administration Lead for PE & Hedge NAV

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

Benefits offered by this job

401K with company match

Insurance coverage

Paid time off

Employee Assistance Program

Performance-based incentives

Tax-advantaged savings plans

Job summary

State Street is seeking a Fund Accounting & Administration, Officer to supervise a team and manage client relationships within our PE/Alternative Investments group in Massachusetts. The role emphasizes accurate financial reporting, complex fee calculations, and a high-pressure deadline environment.

The ideal candidate has private equity experience and strong leadership capabilities. The position requires a bachelor’s in accounting or finance, 5–6 years in private equity, and familiarity with

Qualifications

• Bachelor’s degree in accounting or finance.
• 5 to 6 years of Private Equity experience.
• Experience with alternative investment asset classes, complex fund structures and fee calculations.
• CPA qualification is favorable but not required.
• Experience with Investran or Geneva favorable but not required.

Responsibilities

• Supervise staff (Associate 1, Associate 2, and Senior Associate).
• Manage internal workflow and client deadlines.
• Manage client relationships & liaising with client personnel on a daily basis.
• Maintain good working relationships 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 coordinating annual audits.
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations.

Skills

Critical thinking

Leadership

Communication

Time management

Multi-tasking

Investran experience

Education

Bachelor’s degree in accounting or finance

Tools

Investran

Geneva

Job description

State Street is seeking a Fund Accounting & Administration, Officer to supervise a team and manage client relationships within our PE/Alternative Investments group in Massachusetts. The role emphasizes accurate financial reporting, complex fee calculations, and a high-pressure deadline environment.

The ideal candidate has private equity experience and strong leadership capabilities. The position requires a bachelor’s in accounting or finance, 5–6 years in private equity, and familiarity with