Private Equity, Fund Accounting & Administration, Assistant Vice President

Responsibilities

• Manage a team of financial services professionals delivering accounting and administrative services for alternative investment client relationships.
• Oversee the allocation of income to investors, determination of management and incentive fees via waterfall provisions, and processing of capital calls and distributions.
• Responsible for portfolio and fund-level accounting, including the review and approval of monthly or quarterly net asset value (NAV) reporting.
• Lead the onboarding of existing client funds and the launch of new funds.
• Ensure adherence to internal policies, procedures, and external governing regulations.
• Design and champion technology solutions to address complex reporting and data requirements.
• Recruit, hire, train, and develop staff to achieve professional growth and operational excellence.

Requirements

• Bachelor’s degree in Accounting or Finance.
• 5 to 6 years of Private Equity experience.
• Experience with alternative investment asset classes, complex fund structures, and fee calculations.
• Strong communication, management, and interpersonal skills.
• Ability to thrive in a high-pressure, deadline-driven environment.
• Strong critical thinking, problem-solving, and decision-making skills.

Preferred Qualifications

• CPA qualification.
• Experience with Investran or Geneva.

Benefits

• Retirement savings plan (401K) with company match.
• Comprehensive insurance coverage including medical, dental, vision, life, and long-term disability.
• Paid time off, including vacation, sick leave, and family care responsibilities.
• Incentive compensation and eligibility for annual performance-based awards.
• Access to an Employee Assistance Program.

About the Company

State Street is an industry leader in providing administrative fund services to Hedge Fund and Private Equity managers. Through State Street Global Services (SSGS), we provide asset owners and managers with essential financial tools, including core custody, accounting, and fund administration, to help them make better investment choices and act on growth opportunities.