Private Markets Fund Accounting Director
7 days ago
About the Role
We are seeking a skilled Private Markets Fund Accounting Director to join our team at State Street. This is an exciting opportunity to leverage your expertise in fund accounting and administration to deliver exceptional services to our clients.
Key Responsibilities
- Manage a growing team of financial professionals in the production and delivery of accounting and administrative services for alternative investment client relationships.
- Primarily responsible for the allocation of income to investors, determination of management and incentive fees, and processing capital events such as capital calls and distributions.
- Lead the onboarding of existing client funds and the launch of new funds.
- Demonstrate an unrelenting commitment to client satisfaction.
- Ensure adherence with internal policies and procedures and compliance with external governing regulations.
- Design and champion technology solutions to address complex reporting and data requirements of clients.
- Proactively identify and participate in cross-sell opportunities.
- Participate in strategic working groups within the organization to improve processes and our operating model.
- Recruit, hire, train, motivate, and develop staff to realize their full potential.
Requirements
- 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 desired.
- Highly effective communication and management skills.
- Ability to thrive and function in a high-pressure deadline-driven environment.
- CPA qualification is favourable but not required.
- Experience with Investran or Geneva favourable but not required.
About Us
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. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. With over two centuries of history, we've been helping our clients safeguard and steward the investments of millions of people.
Compensation Package
We offer a competitive salary of $120,000 - $180,000 per year, depending on experience. Our benefits package includes comprehensive medical care, insurance, and savings plans, among other perks. You'll have access to flexible work programs and a wealth of development programs and educational support to help you reach your full potential. Estimated annual salary: $150,000.
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