Private Equity, Fund Accounting & Administration, Senior Associate

State Street•Quincy, MA

23h•Onsite

About The Position

State Street Alternative Investment Services Group is seeking a leader within its Private Equity and Real Assets Fund Services business unit. This team of dedicated accounting professionals provides financial reporting and day-to-day accounting and administrative support to premier real estate fund clients, focusing on innovative solutions. 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. This role is part of International Fund Services (IFS), also known as Alternative Investment Solutions, which was acquired by State Street in July 2002. IFS is an industry-leading provider of fund accounting, fund administration, and risk services to hedge funds and private equity funds, offering integrated end-to-end solutions for 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

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

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 (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
vibrant employee networks