Private Equity Fund Accounting & Administration, Officer

State Street Corporation; Clifton (NJ); Vor Ort; USD 65.000 - 103.000; Vollzeit

Benefits dieser Stelle

401K with company match

Health insurance (medical, dental, and

Vision coverage

Paid time off and disability benefits

Employee Assistance Program

Incentive compensation and annual cash

Tax-advantaged savings plans

Zusammenfassung

State Street Corporation seeks a Private Equity NAV professional to coordinate administrative services for hedge fund and private equity clients. You will interact with trade operations, investor services, custody, tax and financial reporting teams across global locations.

The role emphasizes managing client relationships, reviewing financial work papers, and overseeing complex fee calculations and capital allocations in a high‑touch environment.

Qualifikationen

• 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
• Experience with Investran or Geneva favourable but not required

Aufgaben

• Supervise staff (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 quarterly and annual financial statements and footnotes and coordinating annual audits
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations

Kenntnisse

Leadership

Communication

Time management

Initiative

Multi-tasking

Problem solving

Ausbildung

Bachelor's degree in Accounting or Finance

CPA qualification favourable

Tools

Investran

Geneva

Jobbeschreibung

Who we are looking for

State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for industry leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams including; trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

• Supervise 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 quarterly and annual financial statements and footnotes and coordinating annual audits.
• Review and/or prepare complex fee calculations management fees waterfall and capital account allocations etc.

What we value

• Strong critical thinking, problem solving, and decision making skills
• An ability to be a leader within their team, as well as be a leader amongst your peers
• Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills
• Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments
• Excellent administrative and organizational with the proven ability to multi-task and to work efficiently to meet client deliverables
• Investran experience is preferred.

Education & Preferred Qualifications

Bachelor’s degree in Accounting or Finance At least 5 to 6 years of Private Equity 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

Salary Range

Salary Range: $65,000 - $102,500 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. Employees are eligible to participate in State Street’s comprehensive benefits program, which includes:

Benefits

• our retirement savings plan (401K) with company match
• insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
• paid-time off including vacation, sick leave, short term disability, and family care responsibilities
• access to our Employee Assistance Program
• incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
• eligibility for certain tax advantaged savings plans.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

Equal Opportunity Employer

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement