Private Credit Fund Accounting Manager

State Street

Clifton (NJ)

On-site

USD 70,000 - 123,000

Full time

16 hours ago

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Benefits offered by this job

401K with company match

Insurance coverage including medical,

Paid time off

Employee assistance program

Performance-based awards

Tax-advantaged savings plans

Job summary

State Street is recruiting for a NAV role within the Private Credit team of International Fund Services. You will be at the hub of delivering fund administration services for hedge funds and private market investments, interfacing with trade operations, investor services, custody, tax, and financial reporting.

The ideal candidate has 5–6 years in private markets, a Chartered CPA is favorable, and experience with Investran or Geneva is a plus.

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 desired.
Ability to thrive and function in a high pressure deadline driven environment.
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 relationships with 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.