Private Markets, Fund Accounting Specialist
1 week ago
We are seeking a highly skilled Fund Accounting and Administration professional to join our team at State Street.
About the Role
The successful candidate will be responsible for managing a growing team of financial services professionals in the production and delivery of accounting and administrative services for alternative investment client relationships.
Key Responsibilities
- Allocate income to investors and determine management and incentive fees in accordance with the waterfall provisions.
- Process capital events such as capital calls and distributions.
- Review and approve monthly or quarterly net asset value reporting.
- Lead the onboarding of existing client funds and the launch of new funds.
- Demonstrate an unrelenting commitment to client satisfaction.
Requirements
- Strong critical thinking, problem-solving, and decision-making skills.
- Good interpersonal skills.
- Attention to detail.
- Effective time management.
Preferred Qualifications
- Bachelor's degree in Accounting or Finance.
- At least 5 to 6 years of Private Equity experience.
- Experience with alternative investment asset classes, complex fund structures, and fee calculations.
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