Private Equity Fund Accounting & Administration Lead

State Street; Berwyn (PA); On-site; USD 65,000 - 103,000; Full time

Job summary

State Street is seeking a Fund Accounting & Administration, Officer to supervise staff and manage client relationships within our PE NAV hub. The role interacts with trade operations, investor services, custody, tax, and financial reporting across locations.

The ideal candidate holds a Bachelor’s degree in Accounting or Finance with 5–6 years in Private Equity, and familiarity with Investran or Geneva is a plus. CPA is favorable but not required, with a high-pressure deadline-driven environment.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 5–6 years of Private Equity experience.
• Experience with alternative investment asset classes, complex fund structures and fee calculations.
• CPA qualification is favourable but not required.
• Investran or Geneva favourable but not required.

Responsibilities

• Supervise staff (Associate 1, Associate 2 and Senior Associate).
• Manage internal workflow and client deadlines.
• Manage client relationships & liaise with client personnel daily.
• Maintain good working relationships with all client contacts including investment professionals, investors, auditors, lawyers and banking personnel.
• Review quarterly and annual financial work papers, including portfolio schedules, accruals and partner capital allocations.
• Review quarterly and annual financial statements and footnotes and coordinate annual audits.
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations.

Skills

Critical thinking

Leadership

Communication

Time management

Prioritization

Team collaboration

Education

Bachelor’s degree in Accounting or Finance

Tools

Investran

Geneva

Job description

State Street is seeking a Fund Accounting & Administration, Officer to supervise staff and manage client relationships within our PE NAV hub. The role interacts with trade operations, investor services, custody, tax, and financial reporting across locations.

The ideal candidate holds a Bachelor’s degree in Accounting or Finance with 5–6 years in Private Equity, and familiarity with Investran or Geneva is a plus. CPA is favorable but not required, with a high-pressure deadline-driven environment.