Alternative Operations Fund Accounting, Associate 2

Who we are looking for

• A leader within the Private Credit Fund Services business unit of the State Street Alternative Investment Services Group.

  
  

• We are a team 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.

  
  

• Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.

  
  

• As an 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.

  
  

Why this role is important to us

• The team you will be joining is a 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 Market 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.

  
  

• Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

  
  

What you will be responsible for

• 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.

  
  

What we value

• Ensuring compliance with legal documents

  
  

• Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel

  
  

Education & Preferred Qualifications

• 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.

  
  

About State Street:

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.

State Street is an Affirmative Action/Equal Opportunity Employer/Vet/Disability.

Discover more information on U.S. jobs at StateStreet.com/careers

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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