Private Credit Fund Accounting Lead

State Street; Clifton (NJ); On-site; USD 70,000 - 108,000; Full time

Benefits offered by this job

401K with company match

Medical, dental, vision insurance

Paid time off

Job summary

State Street seeks a Fund Accounting & Administration Officer in New Jersey to oversee daily workpapers, manage deadlines, and lead a staff within the Private Credit team. You will collaborate with trade operations, investor services, and global finance groups to deliver accurate fund administration.

The ideal candidate has 5–6 years in private markets, a Bachelor's in Accounting or Finance, and familiarity with Investran or Geneva.

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.
• 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.

Skills

Critical thinking

Problem solving

Decision making

Leadership

Communication skills

Organization

Time management

Multitasking

Initiative

Education

Bachelor's in Accounting or Finance

CPA qualifications favourable but not required

Tools

Investran

Geneva

Job description

State Street seeks a Fund Accounting & Administration Officer in New Jersey to oversee daily workpapers, manage deadlines, and lead a staff within the Private Credit team. You will collaborate with trade operations, investor services, and global finance groups to deliver accurate fund administration.

The ideal candidate has 5–6 years in private markets, a Bachelor's in Accounting or Finance, and familiarity with Investran or Geneva.