Private Credit Fund Accounting Lead

State Street; Berwyn (PA); On-site; USD 70,000 - 108,000; Full time

Job summary

State Street in Berwyn, PA is seeking a Fund Accounting & Administration, Officer to join the Private Credit team. You will support fund accounting, valuation processes, investor reporting, and client service across hedge funds and private market funds.

The role requires 5–6 years of Private Market experience, a Bachelor’s in Accounting or Finance, and the ability to lead staff, manage deadlines, and liaise with investment professionals, auditors, and lawyers.

Qualifications

• Must have 5–6 years of Private Market experience.
• Experience with alternative investment asset classes, complex fund structures and fee calculations desired.
• Ability to thrive in a high-pressure deadline-driven environment.

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

Strong critical thinking

Leadership

Communication skills

Initiative

Multi-tasking

Investran experience

Education

Bachelor’s degree in Accounting or Finance

Job description

State Street in Berwyn, PA is seeking a Fund Accounting & Administration, Officer to join the Private Credit team. You will support fund accounting, valuation processes, investor reporting, and client service across hedge funds and private market funds.

The role requires 5–6 years of Private Market experience, a Bachelor’s in Accounting or Finance, and the ability to lead staff, manage deadlines, and liaise with investment professionals, auditors, and lawyers.