Real Assets, Fund Accounting & Administration, Senior Associate

State Street Corporation; Atlanta (GA); On-site; USD 52,000 - 94,000; Full time

Benefits offered by this job

401K

Insurance

PTO

Employee Assistance Program

Performance-based awards

Tax advantaged savings plans

Job summary

State Street Corporation in Atlanta, GA is seeking an experienced fund accounting professional to join the Private Equity and Real Assets Fund Services group. You will maintain ledgers, prepare financial statements, and support day-to-day accounting for premier PE/RE clients.

The role emphasizes collaboration with auditors, tax, and banking partners, and offers growth within a global organization dedicated to innovative solutions.

Qualifications

• A college degree (accounting preferred) and at least 3+ years of GL accounting or audit experience.
• Advanced Excel skills including pivot tables and VLOOKUP.

Responsibilities

• Maintaining the general ledger for various fund entities.
• Preparing supporting work papers for financial statements and capital allocations.
• Preparing financial statements and footnote disclosures.
• Analytical review of monthly/quarterly fund performance data.
• Reviewing capital calls, distributions and bank reconciliations.
• Calculating waterfalls and capital account allocations.
• Preparing client correspondences and ensuring compliance with legal documents.
• Maintaining relationships with client contacts, auditors, tax, lawyers and banking personnel.

Skills

Advanced Excel

Verbal and written communication

Organizational skills

Education

Bachelor's degree in accounting

CPA certification in progress

Job description

Who we are looking for

An individual who is willing to become a leader within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. The team comprises of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier PE / RE fund clients. We are looking for talent who can join this growing team in Atlanta, GA and are passionate about building innovative solutions to revolutionize how State Street services our customers.

Why this role is important to us

The 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 for

• Maintaining the general ledger for various fund entities
• Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
• Preparing financial statements and footnote disclosures
• Analytical review of monthly/quarterly investment and fund performance data
• Reviewing and/or preparing of capital calls, distributions and bank reconciliations
• Preparing management, annual and incentive fee calculations
• Preparing various client correspondences
• Calculating waterfalls and capital account allocations
• Ensuring compliance with legal documents
• Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
• Be part of Special projects as requested

What Do We Need From You?

• A college degree (accounting preferred) and at least 3+ years of general ledger accounting or audit experience.
• Advanced Excel skills (advanced formulas, pivot tables, vlookup).

Preferred Knowledge, Skills & Experience

• Fund accounting or Public Accounting experience.
• CPA or actively pursuing CPA certification.
• Experience leading verbal and written communications at senior levels with internal and external clients.
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

Salary Range

Salary Range: $52,000 - $94,120 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.

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)
• and, eligibility for certain tax advantaged savings plans

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

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.

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.

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