Private Credit Fund Accountant & Administration Associate

State Street; Boston (MA); On-site; USD 41,600 - 66,560; Full time

Job summary

State Street seeks an Associate in the Private Credit Fund Services team to handle accounting, financial reporting and administrative support for global real estate fund clients. You will maintain ledgers, prepare papers for statements, and analyze fund performance data to support distributions, capital calls and fee calculations.

The role emphasizes strong communication with internal/external clients and senior stakeholders, plus ability to multi-task and meet deliverables with precision within

Qualifications

• Fund accounting or Public Accounting experience
• Experience leading verbal and written communications at senior levels with internal and external clients
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables

Responsibilities

• Maintaining the general ledger for various fund entities
• Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
• Analytical review of monthly/quarterly investment and fund performance data
• Reviewing and/or preparing of capital calls, distributions and bank reconciliations
• Preparing management, annual and incentive fee calculations
• Preparing various client correspondences
• Calculating waterfalls and capital account allocations
• Special projects as requested

Skills

Fund accounting

Public accounting experience

Communication skills

Organizational skills

Job description

State Street seeks an Associate in the Private Credit Fund Services team to handle accounting, financial reporting and administrative support for global real estate fund clients. You will maintain ledgers, prepare papers for statements, and analyze fund performance data to support distributions, capital calls and fee calculations.

The role emphasizes strong communication with internal/external clients and senior stakeholders, plus ability to multi-task and meet deliverables with precision within