Private Equity Fund Accounting and Administration, Officer

About the position

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.

Responsibilities

• Supervise staff (including Associate 1 Associate 2 and Senior Associate Staff)
• Manage internal workflow and client deadlines
• Manage client relationships & liaising with client personnel on a daily basis
• Maintain good working relationship with all client contacts including investment professionals, investors, auditors, lawyers and banking personnel
• Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partner capital allocations
• Review quarterly and annual financial statements and footnotes and coordinating annual audits
• Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations.

Requirements

• Bachelor's degree in Accounting or Finance
• At least 5 to 6 years of Private Equity experience
• Experience with alternative investment asset classes, complex fund structures and fee calculations desired
• Ability to thrive and function in a high pressure deadline driven environment

Nice-to-haves

• CPA qualification is favourable but not required
• Experience with Investran or Geneva favourable but not required

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