Private Equity - Fund Accounting & Administration, Associate 2

Who we are looking for

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

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 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.

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

1. Maintaining the general ledger for various fund entities
2. Preparing supporting work papers for financial statements, portfolio schedules, and capital account allocations
3. Reviewing and/or preparing capital calls, distributions, and bank reconciliations
4. Preparing management, annual, and incentive fee calculations
5. Preparing various client correspondences
6. Special projects as requested

What we value

1. Ensuring compliance with legal documents
2. Maintaining working relationships with all client contacts, auditors, tax, lawyers, and banking personnel

Education & Preferred Qualifications

1. Experience leading verbal and written communications in English at senior levels with internal and external clients
2. Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance, and savings plans among other perks. You’ll have access to a flexible Work Program to help you match your needs. Our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity, and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences, and perspectives are powerful contributors to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs, and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

End Date: April 28, 2025

For further information, and to apply, please visit our website via the “Apply” button below.