Private Equity, Fund Accounting & Administration, Senior Associate

State Street Corporation; Clifton (NJ); Sur place; USD 85 000 - 115 000; Plein temps

Résumé du poste

State Street Corporation in New Jersey seeks a Senior Associate to support the Private Equity and Real Assets Fund Services team. You will maintain general ledger entries, prepare financial statements and fund disclosures, and analyze investment and fund performance data for real estate funds.

You will also handle capital calls and distributions, bank reconciliations, waterfall calculations, and client communications, contributing to timely, accurate reporting for premier real estate clients.

Qualifications

• Fund accounting or public accounting experience required.
• CPA certification or actively pursuing CPA certification.
• Experience communicating at senior levels with clients and auditors.
• Strong administrative and organizational skills with ability to multi-task and meet client deliverables.

Responsabilités

• Maintain the general ledger for various fund entities.
• Prepare supporting work papers for financial statements, portfolio schedules and capital account allocations.
• Prepare financial statements and footnote disclosures.
• Analytical review of monthly/quarterly investment and fund performance data.
• Review and/or prepare capital calls, distributions and bank reconciliations.
• Prepare management, annual and incentive fee calculations.
• Prepare various client correspondences.
• Calculate waterfalls and capital account allocations.
• Execute special projects as requested.

Connaissances

Fund accounting

Senior level communication

Administrative and organizational

Public accounting experience

CPA or CPA candidate

Formation

CPA certification (or pursuing)

Description du poste

Who we are looking forA leader within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.As a Senior Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entitiesWhy this role is important to usThe team you will be joining is a part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.What you will be responsible forMaintaining the general ledger for various fund entitiesPreparing supporting work papers for financial statements, portfolio schedules and capital account allocationsPreparing financial statements and footnote disclosuresAnalytical review of monthly/quarterly investment and fund performance dataReviewing and/or preparing of capital calls, distributions and bank reconciliationsPreparing management, annual and incentive fee calculationsPreparing various client correspondencesCalculating waterfalls and capital account allocationsSpecial projects as requestedWhat we valueEnsuring compliance with legal documentsMaintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnelEducation & Preferred QualificationsFund accounting or Public Accounting experienceCPA or actively pursuing CPA certificationExperience leading verbal and written communications at senior levels with internal and external clientsExcellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.Salary Range:$58,240 - $92,560 AnnualThe 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: 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); and, eligibility for certain tax advantaged savings plans.For a full overview, visit https://hrportal.ehr.com/statestreet/Home .About State StreetAcross 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.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/careersRead our CEO StatementJob Application Disclosure:It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.