Senior Associate: Private Equity Fund Accounting & Reporting

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

Benefits offered by this job

401K with company match

Medical, dental, vision insurance

Paid time off

Employee Assistance Program

Performance-based incentives

Tax-advantaged savings plans

Job summary

State Street is seeking a Senior Associate within the Private Equity Fund Services unit to handle day-to-day fund and partnership accounting and related administration for a major Private Equity/Credit Investment Fund.

You will review reconciliations, prepare journal entries, capital calls, statements, and client communications while coordinating with onshore and offshore teams to deliver end-to-end service.

Qualifications

• 3-5 years of fund accounting or related experience.
• Advanced MS Excel skills.
• Attention to detail.
• Time management.
• Experience with Investran is a plus.
• Experience with investment/Portfolio accounting platforms is a plus.
• Specific experience in the Private Equity industry preferred.
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

Responsibilities

• Review and/or prepare daily position and cash reconciliations, research and resolve discrepancies.
• Prepare and process journal entries, maintain general ledger.
• Prepare capital calls and distribution allocation schedules.
• Prepare financial work papers including portfolio schedules partners’ capital allocations and capital statements.
• Prepare process and monitoring USD and non-USD cash movement.
• Review Junior Associate and offshore teams’ work.
• Prepare various client correspondence and related ad hoc correspondence.
• Interacts with internal and external auditors providing requested information to specific inquiries as needed.
• Participate in special client or internal projects.

Skills

Fund accounting experience

Advanced MS Excel

Attention to detail

Time management

Tools

Investran

Portfolio accounting platforms

Job description

State Street is seeking a Senior Associate within the Private Equity Fund Services unit to handle day-to-day fund and partnership accounting and related administration for a major Private Equity/Credit Investment Fund.

You will review reconciliations, prepare journal entries, capital calls, statements, and client communications while coordinating with onshore and offshore teams to deliver end-to-end service.