Private Markets Fund Accounting & Administration, Senior Associate

We are a team of dedicated accounting professionals who are passionate about delivering financial reporting and day-to-day accounting and administrative support to one of the largest Open-Ended Private Equity Funds. Join this growing team that is passionate about building innovative solutions to revolutionize how State Street services our customers.

As a Senior Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for a complex Private Equity/Credit Fund.

Why this role is important to us

This Senior Associate position is within the Private Equity Fund Services Business Unit of the State Street Alternative Investment Services (AIS) group, a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity/credit funds. The position will interact directly with external clients as well as State Street onshore and offshore teams, providing complete end-to-end solutions for a major Private Equity/Credit Investment Fund.

Join us if you are up to the challenge of administrating a mega fund and look to grow with the team.

Job Description

This position handles the day-to-day fund & partnership accounting and related administration.

Responsibilities

• Review and/or prepare daily position and cash reconciliations, research and resolve discrepancies
• Prepare and process journal entries, maintain general ledger
• Prepare capital calls and distribution allocation schedules
• Prepare financial work papers including portfolio schedules partners’ capital allocations and capital statements
• Prepare process and monitoring USD and non-USD cash movement
• Review Junior Associate and offshore teams’ work
• Prepare various client correspondence and related ad hoc correspondence
• Interacts with internal and external auditors providing requested information to specific inquiries, as needed
• Participate in special client or internal projects