Real Assets Fund Accounting and Administration, Assistant Vice President

State Street•Atlanta, GA

2d•$70,000 - $130,000

About The Position

The Fund Accounting and Administration Assistant Vice President supervises and mentors associate-level colleagues and manages client relationships with client personnel and fund investors. The role oversees fund accounting and administration deliverables, including financial work papers and statements, tax work papers, capital calls and distributions, bank reconciliations, journal entries, management fee calculations, waterfall and capital account allocations, and client correspondence. The position works closely with client contacts, database teams, auditors, tax preparers, lawyers, banking personnel, and investment professionals. It coordinates annual audits and tax return preparation with Big 4 accounting firms, ensures compliance with fund agreements and other legal documents, manages internal workflows and client deadlines, and handles special client projects. The role also identifies unusual or potentially suspicious transaction activity and reports or escalates it in accordance with company policy and procedures.

Requirements

Bachelor’s degree in Accounting or Finance.
At least 10 years of Fund Accounting experience.
At least 3 years of supervisory experience.
Strong critical-thinking, problem-solving, and decision-making skills.
Ability to lead within the team and among peers.
Strong communication, interpersonal, and organizational skills, including excellent time management and prioritization.
Demonstrated initiative and ability to perform under pressure while handling multiple assignments.
Excellent administrative and organizational skills, with the ability to multitask and work efficiently to meet client deliverables.

Nice To Haves

CPA or CPA candidate.
Experience with alternative investment asset classes, complex fund structures, and fee calculations.
Working knowledge of MRI, Oracle Financials, or Yardi.

Responsibilities

Supervise and mentor associate-level colleagues.
Manage relationships with client personnel and fund investors, maintaining working relationships with investment professionals, investors, auditors, lawyers, and banking personnel.
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 prepare annual tax work paper packages and estimated tax work papers.
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, including 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 limited partnership agreements and ensure compliance with investment fund legal documents and 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 relevant operating procedures.

Benefits

Retirement savings plan (401(k)) with company match.
Insurance coverage including basic life, medical, dental, vision, and long-term disability, with other optional coverages.
Paid time off, including vacation, sick leave, short-term disability, and family-care responsibilities.
Access to an Employee Assistance Program.
Eligibility for annual performance-based incentive awards, excluding certain sales roles subject to sales incentive plans.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.