Senior Associate, Private Credit Fund Accounting

State Street Corp; Clifton (NJ); On-site; USD 52,000 - 94,000; Full time

Benefits offered by this job

401K with company match

Health, dental, vision insurance

Paid time off

Job summary

State Street is seeking a Senior Associate in its Private Credit Fund Services group to lead the preparation, analysis and reporting of investment and fund performance data for global Private Credit funds and affiliated entities. The role emphasizes accuracy in general ledger maintenance and preparation of financial work papers for statements and capital allocations.

The position requires experience in fund accounting or public accounting, strong communication with clients and auditors, and

Qualifications

• Fund accounting or Public Accounting experience in a corporate or fund setting.
• Experience communicating at senior levels with internal and external clients.
• Excellent administrative and organizational skills with multi-tasking ability.

Responsibilities

• Maintaining the general ledger for various fund entities.
• Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations.
• Analytical review of monthly/quarterly investment and fund performance data.
• Reviewing and/or preparing capital calls, distributions and bank reconciliations.
• Preparing management, annual and incentive fee calculations.
• Preparing various client correspondences.
• Calculating waterfalls and capital account allocations.
• Performing special projects as requested.

Skills

Fund accounting

Public Accounting

Verbal & written communication

Organizational skills

Education

Fund accounting or Public Accounting experience

Job description

State Street is seeking a Senior Associate in its Private Credit Fund Services group to lead the preparation, analysis and reporting of investment and fund performance data for global Private Credit funds and affiliated entities. The role emphasizes accuracy in general ledger maintenance and preparation of financial work papers for statements and capital allocations.

The position requires experience in fund accounting or public accounting, strong communication with clients and auditors, and