Private Credit Fund Accounting & Administration Lead

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

Job summary

State Street Corp in Boston is seeking a Fund Accounting & Administration Officer to join our Private Credit and Private Market support teams. You will lead workflow, manage staff, and ensure timely delivery of client work papers and schedules.

The role requires strong analytical and leadership skills, experience with private markets, and familiarity with fee calculations and capital allocations. CPA is favorable, and Investran or Geneva experience is preferred.

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.
• Ability to thrive and meet deadlines under pressure.
• CPA qualification is favorable.
• Investran or Geneva experience preferred.

Responsibilities

• Assist in managing staff and internal workflow to meet deadlines.
• Manage client relationships and liaise with client personnel daily.
• Maintain relationships with investment professionals, investors, auditors, lawyers, and banking personnel.
• Review quarterly and annual financial work papers, portfolio schedules, accruals, and capital allocations.
• Review and/or prepare complex fee calculations, management fees, waterfall, and capital accounts.
• Contribute to overall fund accounting and administration tasks.

Skills

Critical thinking

Problem solving

Decision making

Leadership

Communication

Interpersonal skills

Organizational skills

Time management

Prioritization

Investran experience

Education

Bachelor’s degree in Accounting or Finance

CPA qualification (favorable)

Tools

Investran

Geneva

Job description

State Street Corp in Boston is seeking a Fund Accounting & Administration Officer to join our Private Credit and Private Market support teams. You will lead workflow, manage staff, and ensure timely delivery of client work papers and schedules.

The role requires strong analytical and leadership skills, experience with private markets, and familiarity with fee calculations and capital allocations. CPA is favorable, and Investran or Geneva experience is preferred.