Private Credit, Fund Accounting & Administration, Senior Associate
state streetEast Boston, MA
$52,000 - $94,120 Annual
Apply now (opens in a new tab)Private Credit, Fund Accounting & Administration, Senior Associate
L6
state streetEast Boston, MAyesterday
$52,000 - $94,120 Annual
Occupations
Accountants and AuditorsFinancial Specialists, All OtherBookkeeping, Accounting, and Auditing ClerksIndustries
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesTrust, Fiduciary, and Custody ActivitiesSenior Associate, Private Credit Fund Services 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 a Senior 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. 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:
- 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
- What we value:
- Ensuring compliance with legal documents
- Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
- Education & Preferred Qualifications:
- 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:
$52,000 - $94,120 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
Apply now (opens in a new tab)
Level
LeadL6
Salary
$52,000 - $94,120 Annual
Location
East Boston, MA
Occupation
Accountants and Auditors
Industry
Portfolio Management and Investment Advice
Posted
yesterday
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