Alternative Ops Fund Accounting, Associate 2

Private Credit Fund Services Associate

A leader within the Private Credit Fund Services business unit of the State Street Alternative Investment Services Group.

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 real estate fund clients.

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

As an Associate you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global Private Credit funds and affiliated entities.

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 Market 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.

Maintaining the general ledger for various fund entities.

Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations.

Analytical review of monthly/quarterly investment and fund performance data.

Reviewing and/or preparing of capital calls, distributions and bank reconciliations.

Preparing management, annual and incentive fee calculations.

Preparing various client correspondences.

Calculating waterfalls and capital account allocations.

Special projects as requested.

Ensuring compliance with legal documents

Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel

Fund accounting or Public Accounting experience.

Experience leading verbal and written communications at senior levels with internal and external clients.

Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables.

Salary Range: $41,600 - $66,560 Annual

State Street is an Affirmative Action/Equal Opportunity Employer/Vet/Disability.