Alternative Ops Fund Accounting- Manager

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 industry 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.

What you will be responsible for

As Fund Accounting & Administration, Valuations, Manager you will

• Manage a growing team of financial services professionals in the preparation of Financial Reports which includes Statement of Assets and Liabilities, Statement of operations, Statement of Changes in Equity, Statement of Cash Flows, Schedule of Investments for Private Equity and Hedge Funds, Expense / Line of Credit Schedule.

• Primarily responsible to deliver Financial Reports, financial highlights and others notes for private equity funds
• Validate the NAV, General Partners and Limited Partner’s capital commitments, provide fee & profit calculations and their contributions, distributions to the fund.
• 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 the complex reporting and data requirements of clients.
• 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

What we value

These skills will help you succeed in this role

• Strong critical thinking, problem solving, and decision-making skills
• Good interpersonal skills
• Attention to detail
• Effective time management

Education & Preferred Qualifications

• Strong Accounting knowledge with degree in Accounting or Finance and preferably with CA/CPA qualification
• Minimum 10-years' experience in alternatives with at least 5 to 6 years in Private Equity.
• 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

Experience with Investran and / or valuation systems would be preferable

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.

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