Private Markets Fund Accounting and Administration Associate 2

State Street•Boston, MA

1d•Onsite

About The Position

This role is for a leader within the Private Equity and Real Assets Fund Services business unit of the State Street Alternative Investment Services Group. The team is composed of dedicated accounting professionals focused on delivering financial reporting and day-to-day accounting and administrative support to premier real estate fund clients. This is a growing team that aims to build innovative solutions to revolutionize how State Street services its customers. As a Senior Associate, you will be responsible for the preparation, analysis, and reporting of investment and fund performance data for global real estate funds and affiliated entities. The team you will be joining is part of International Fund Services (IFS), acquired by State Street in July 2002. IFS, also known as Alternative Investment Solutions, is a recognized industry-leading provider of fund accounting, fund administration, and risk services to hedge funds and private equity funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle-, and back-office requirements of institutional investors.

Requirements

Fund accounting or Public Accounting experience
CPA or actively pursuing CPA certification
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.

Nice To Haves

Ensuring compliance with legal documents
Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel

Responsibilities

Maintaining the general ledger for various fund entities
Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
Preparing financial statements and footnote disclosures
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

Benefits

competitive and comprehensive benefits packages
generous medical care
insurance
savings plans
flexible Work Programs
development programs
educational support
retirement savings plan (401K) with company match
insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
paid-time off including vacation, sick leave, short term disability, and family care responsibilities
access to our Employee Assistance Program
incentive compensation including eligibility for annual performance-based awards
paid volunteer days
matching gift programs