Senior AVP, Private Equity Fund Accounting & Administration

State Street; Devon (PA); On-site; USD 90,000 - 157,500; Full time

Benefits offered by this job

401K with company match

Comprehensive insurance coverage

Paid-time off including vacation and sick leave

Employee Assistance Program

Performance-based awards

Job summary

State Street in Devon, Pennsylvania, is seeking a seasoned professional for the PE NAV role, pivotal in delivering administrative services for alternative investments. The successful candidate will manage a team focused on accounting and ensure compliance with regulations while actively driving client satisfaction.

A Bachelor’s degree in Accounting or Finance and significant experience in Private Markets are essential, along with strong critical thinking and problem-solving skills. The position offers a competitive salary range of $90,000 to $157,500 annually.

Qualifications

• 5 to 6 years of Private Market experience required.
• Experience with alternative investment asset classes desired.
• CPA qualification is favorable but not required.

Responsibilities

• Manage a team responsible for accounting and administrative services.
• Allocate income to investors and determine management fees.
• Review and approve monthly or quarterly net asset value reporting.
• Lead onboarding of existing client funds and launch new funds.
• Champion technology solutions for reporting and data requirements.

Skills

Critical thinking

Problem solving

Effective time management

Attention to detail

Interpersonal skills

Education

Bachelor’s degree in Accounting or Finance

Tools

Investran

Geneva

Job description

State Street in Devon, Pennsylvania, is seeking a seasoned professional for the PE NAV role, pivotal in delivering administrative services for alternative investments. The successful candidate will manage a team focused on accounting and ensure compliance with regulations while actively driving client satisfaction.

A Bachelor’s degree in Accounting or Finance and significant experience in Private Markets are essential, along with strong critical thinking and problem-solving skills. The position offers a competitive salary range of $90,000 to $157,500 annually.