Fund Accounting & NAV Administration Lead

State Street; Sacramento (CA); On-site; USD 70,000 - 123,000; Full time

Benefits offered by this job

401K with company match

Health, dental, vision insurance

Paid time off

Job summary

State Street’s Private Credit team within IFS provides fund accounting and administration for hedge funds and private markets, delivering end-to-end solutions across the front-to-back office. The NAV role sits at the hub of delivering these services and collaborates daily with trade operations, investor services, custody, tax and financial reporting teams globally.

Join a team that values strong leadership, rigorous analysis, and effective client communication while supporting complex fee

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 5–6 years of Private Market experience.
• Experience with alternative investment asset classes, complex fund structures and fee calculations desired.
• CPA qualification is favourable but not required.
• Experience with Investran or Geneva favourable but not required.

Responsibilities

• Assist in managing staff (including Associate 1 Associate 2 and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships & liaising 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 and/or prepare complex fee calculations management fees waterfall and capital account allocations etc.

Skills

Critical thinking

Problem solving

Decision making

Leadership

Communication

Time management

Prioritization

Initiative

Education

Bachelor’s degree in Accounting or Finance

CPA qualification favourable

Investran or Geneva familiarity favourable

Tools

Investran

Geneva

Job description

State Street’s Private Credit team within IFS provides fund accounting and administration for hedge funds and private markets, delivering end-to-end solutions across the front-to-back office. The NAV role sits at the hub of delivering these services and collaborates daily with trade operations, investor services, custody, tax and financial reporting teams globally.

Join a team that values strong leadership, rigorous analysis, and effective client communication while supporting complex fee