Job Opportunity

Fund Accounting & Administration Officer

State Street | Boston, MA

Job Summary

Opportunity to service hybrid hedge and private equity products for industry-leading asset managers. Bachelor’s Degree in Accounting or Finance. 5+ years of Private Equity experience.

Details

Who We Are Looking For

State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed-end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for industry leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What You Will Be Responsible For:

* Managing internal workflow and client deadlines
* Managing client relationships and liaising with client personnel on a daily basis
* Maintaining good working relationship with all client contacts including investment professionals, investors, auditors lawyers, and banking personnel
* Overseeing the general ledger for various fund entities
* Working with internal teams, both onshore and abroad
* Reviewing quarterly and annual financial workpaper packages
* Reviewing investor allocations and capital calls and distributions
* Reviewing and/or preparing complex fee calculations management fees waterfall and capital account allocations, etc.

Education & Preferred Qualifications:

* Bachelor’s Degree in Accounting or Finance
* At least 5-6 years of Private Equity experience
* Experience with alternative investment asset classes, complex fund structures and fee calculations desired

What We Value:

* Strong critical thinking, problem-solving, and decision-making skills
* Ability to be a leader within their team, as well as be a leader amongst peers
* Strong communication, interpersonal, and organizational skills, which include excellent time management and prioritization skills
* Demonstrate initiative, and be able to perform well under pressure and to simultaneously handle multiple assignments
* Excellent administrative and organizational skills, with the proven ability to multitask and to work efficiently to meet client deliverables

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• Min Education: BA/BS
• Min Experience: 5 years