Private Credit Fund Admin Lead

State Street; Princeton (NJ); On-site; USD 70,000 - 123,000; Full time

Job summary

State Street is seeking a seasoned accounting professional for its Private Market and alternative investment solutions team in the Princeton area. The role focuses on NAV-related fund services for hedge funds and private credit clients, coordinating with operations, tax, and reporting teams.

You will lead staff, manage client deadlines, and review complex financial work papers, fees, and capital allocations. A CPA and Investran or Geneva experience are advantageous.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• CPA qualification is favourable but not required.
• Experience with alternative investment asset classes and complex fund structures is preferred.

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

Leadership

Communication

Time management

Prioritization

Education

Bachelor’s degree in Accounting or Finance

Tools

Investran

Geneva

Job description

State Street is seeking a seasoned accounting professional for its Private Market and alternative investment solutions team in the Princeton area. The role focuses on NAV-related fund services for hedge funds and private credit clients, coordinating with operations, tax, and reporting teams.

You will lead staff, manage client deadlines, and review complex financial work papers, fees, and capital allocations. A CPA and Investran or Geneva experience are advantageous.