Senior Fund Accounting & Administration — Real Assets

State Street; Princeton (NJ); On-site; USD 70,000 - 123,000; Full time

Job summary

State Street is seeking a Fund Accounting & Administration Officer for TheFund Controller Group (FCG) within RealAssets Fund Administration Services. The team handles preparation, analysis, and reporting of performance data for global real estate funds and affiliated entities.

This role involves direct client contact and day-to-day accounting for investment funds and related entities. The FCG operates within State Street Global Services’ Alternative Investment Solutions division and collaborates

Qualifications

• Bachelor’s degree
• 5+ years of general ledger accounting or audit experience
• 1 year of leadership experience
• Previous Financial reporting experience
• Advanced Excel skills (advanced formulas, pivot tables, vlookup)

Responsibilities

• Supervising all lower level staff (including Associate 1, Associate 2 and Senior Staff).
• Manage client relationships with both client personnel and fund investors.
• Review quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations.
• Review quarterly and annual financial statements and footnotes.
• Review and/or preparation of annual tax work paper packages.
• Review and/or preparation of capital calls and distributions, including notices and release merged documents.
• Review monthly bank reconciliations and post journal entries.
• Review quarterly management fee calculations.
• Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices.
• Heavy client interaction on a daily basis.
• Coordination of annual audit and tax return preparation with Big 4 accounting firms.
• Review and/or preparation of waterfall and capital account allocations.

Skills

Supervisory experience

Client relationship management

Advanced Excel

General ledger accounting

Financial reporting

Leadership

Education

Bachelor’s degree

5+ years of general ledger accounting or audit experience

1 year of leadership experience

Previous Financial reporting experience

Accounting Degree

CPA or CPA Candidate

Real Estate, Fund, or Private Equity accounting experience

Tools

Excel

Job description

State Street is seeking a Fund Accounting & Administration Officer for TheFund Controller Group (FCG) within RealAssets Fund Administration Services. The team handles preparation, analysis, and reporting of performance data for global real estate funds and affiliated entities.

This role involves direct client contact and day-to-day accounting for investment funds and related entities. The FCG operates within State Street Global Services’ Alternative Investment Solutions division and collaborates