Private Equity Fund Accounting Lead - NAV & Admin

State Street; Princeton (NJ); On-site; USD 65,000 - 103,000; Full time

Benefits offered by this job

Retirement plan 401K with companymatch

Comprehensive benefits package

Paid time off

Job summary

State Street is seeking a Fund Accounting & Administration Officer in the Private Equity NAV team. The role sits within our Alternative Investment Solutions group and involves delivering administrative services for hedge fund and PE products to leading asset managers.

You will supervise staff, manage client deadlines, and coordinate financial work papers, statements, and audits while liaising with investment professionals, auditors and banking personnel in a high-pressure 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.
• Experience with Investran or Geneva favourable.

Responsibilities

• 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.

Skills

Critical thinking

Leadership

Communication

Multitasking

Investran experience

Education

Bachelor’s degree in Accounting or Finance

CPA preferred

Tools

Investran

Geneva

Job description

State Street is seeking a Fund Accounting & Administration Officer in the Private Equity NAV team. The role sits within our Alternative Investment Solutions group and involves delivering administrative services for hedge fund and PE products to leading asset managers.

You will supervise staff, manage client deadlines, and coordinate financial work papers, statements, and audits while liaising with investment professionals, auditors and banking personnel in a high-pressure environment.