Real Assets, Fund Accounting & Administration, Officer

State Street•Atlanta, GA

11h

About The Position

The Fund Controller Group (FCG) prepares, analyzes, and reports performance and investment data for global real estate funds and affiliated entities. FCG is part of the Real Assets Fund Administration Services team within State Street Global Services’ Alternative Investment Solutions division and is located in the Atlanta office. The group provides clients and investors with annual and quarterly financial reports, fee calculations, investor capital notices, fund, investor, and investment return calculations, and other investor reports. The team works with a detailed understanding of fund structures, investor limited partnership agreements, financial reporting, investment composition, and investor bases. This role maintains direct client relationships and handles day-to-day accounting and administration for investment funds and affiliated entities. It includes supervising junior staff, reviewing and preparing financial and tax work, coordinating audits and tax returns, managing client deliverables and deadlines, and ensuring compliance with fund agreements and related legal documents. The role involves frequent interaction with clients and other stakeholders, including investors, investment professionals, auditors, lawyers, and banking personnel.

Requirements

Bachelor’s degree.
At least 5 years of general ledger accounting or audit experience.
At least 1 year of leadership experience.
Previous financial reporting experience.
Advanced Excel skills, including advanced formulas, pivot tables, and VLOOKUP.
Exceptional interpersonal and communication skills.
Ability to handle multiple assignments and pressure while delivering high-quality work.

Nice To Haves

Accounting degree.
Real estate, fund, or private equity accounting experience.
CPA or CPA candidate.

Responsibilities

Supervise lower-level staff, including Associate 1, Associate 2, and Senior Staff.
Manage relationships with client personnel and fund investors.
Review quarterly and annual financial workpaper packages, including portfolio schedules, accruals, and PCAP allocations.
Review quarterly and annual financial statements and footnotes.
Review and/or prepare annual tax workpaper packages.
Review and/or prepare capital calls and distributions, including notices and release merged documents.
Review monthly bank reconciliations and post journal entries.
Review quarterly management fee calculations.
Review and/or prepare client-related correspondence.
Work with the database team on client deliverables such as financial statements, capital calls, and distribution notices.
Coordinate annual audits and tax return preparation with Big 4 accounting firms.
Review and/or prepare waterfall and capital account allocations.
Navigate and interpret limited partnership agreements.
Review and/or prepare estimated tax workpapers.
Maintain working relationships with client contacts, investment professionals, investors, auditors, lawyers, and banking personnel.
Ensure compliance with investment fund legal documents, including partnership agreements.
Assist accounting managers in ensuring compliance with investment fund agreements and other legal documents.
Complete special client projects.
Manage internal workflow and client deadlines.
Identify unusual or potentially suspicious transaction activity and report or escalate it in accordance with corporate policy and operating procedures.

Benefits

401(k) retirement savings plan with company match.
Medical, dental, vision, basic life, and long-term disability insurance, with optional additional coverage.
Paid time off, including vacation, sick leave, short-term disability, and family care responsibilities.
Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, subject to stated exclusions.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.