Private Credit Fund Accounting and Administration, Senior Associate

About the position

We are looking for a leader within the Private Credit Fund Services business unit of the State Street Alternative Investment Services Group. Our team consists of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. As a Senior Associate, you will be responsible for the preparation, analysis, and reporting of investment and fund performance data for global Private Credit funds and affiliated entities. This role is crucial as it contributes to the International Fund Services (IFS), which is a recognized industry-leading provider of fund accounting, fund administration, and risk services to Hedge Funds and Private Market Funds. Join us if you are ready to make your mark in the alternative investment industry from day one.

Responsibilities

• Maintaining the general ledger for various fund entities
• Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
• Analytical review of monthly/quarterly investment and fund performance data
• Reviewing and/or preparing of capital calls, distributions and bank reconciliations
• Preparing management, annual and incentive fee calculations
• Preparing various client correspondences
• Calculating waterfalls and capital account allocations
• Special projects as requested

Requirements

• Fund accounting or Public Accounting experience
• Experience leading verbal and written communications at senior levels with internal and external clients
• Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

Benefits

• Generous medical care
• Insurance and savings plans
• Flexible Work Programs
• Development programs and educational support
• Paid volunteer days
• Matching gift programs
• Access to employee networks