Alternative Ops Fund Accounting, Officer

Who we are looking for State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams including trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations. Why this role is important to us The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder record‑keeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities. Join us if making your mark in the financial services industry from day one is a challenge you are up for. What you will be responsible for As Fund Accounting & Administration Officer you will Supervise staff (including Associate 1, Associate 2 and Senior Associate Staff) Manage internal workflow and client deadlines Manage client relationships & liaise with client personnel on a daily basis Maintain a good working relationship with all client contacts including investment professionals, investors, auditors, lawyers and banking personnel Review quarterly and annual financial work‑paper packages including portfolio schedules, accruals and partner capital allocations Review quarterly and annual financial statements and footnotes and coordinate annual audits Review and/or prepare complex fee calculations, management fees waterfall and capital account allocations, etc. What we value These skills will help you succeed in this role Strong critical thinking, problem solving, and decision‑making skills An ability to be a leader within your team, as well as be a leader among your peers Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments Excellent administrative and organizational aptitude with the proven ability to multi‑task and work efficiently to meet client deliverables Investran experience is preferred Education & 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 desired 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 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. 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 Read our CEO Statement #J-18808-Ljbffr