PE Fund Accounting & Administration Lead

State Street; Clifton (NJ); On-site; USD 52,000 - 85,000; Full time

Benefits offered by this job

401K with company match

Insurance coverage (life/medical/dent/

Paid time off

Employee Assistance Program

Incentive compensation

Tax-advantaged savings plans

Job summary

State Street is seeking a Fund Accounting & Administration Officer in New Jersey to supervise staff and manage client deadlines within our Alternative Investment Solutions group.

You will interact daily with trade operations, investor services, custody, tax and financial reporting teams, coordinating quarterly and annual financial work papers, statements and audits to ensure accurate partner allocations and fee calculations.

Qualifications

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

Responsibilities

• Supervise staff (Associate 1, Associate 2, Senior Associate).
• Manage internal workflow and client deadlines.
• Liaise with client personnel daily to maintain relationships.
• Maintain relationships with investment professionals, investors, auditors, lawyers and banking personnel.
• Review quarterly and annual financial work papers, portfolios, accruals and partner capital allocations.
• Review quarterly and annual financial statements and coordinates annual audits.
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations.

Skills

Leadership

Communication

Time management

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

Investran

Geneva

Job description

State Street is seeking a Fund Accounting & Administration Officer in New Jersey to supervise staff and manage client deadlines within our Alternative Investment Solutions group.

You will interact daily with trade operations, investor services, custody, tax and financial reporting teams, coordinating quarterly and annual financial work papers, statements and audits to ensure accurate partner allocations and fee calculations.