Alternative Operations Fund Accounting, Associate 2

Who We Are Looking For Work within the Private Equity and Real Assets 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 2 you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global real estate funds and affiliated entities. Why this role is important to us. 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 equity 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. 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 Preparing financial statements and footnote disclosures 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 Ability to work with high attention to detail, proactively in a team and within a dynamic environment Establish and maintain good working relationships with internal clients and colleagues Ability to communicate effectively and timely with external counterparties Supporting senior colleague’s and following/completing their requests Excellent organization and time management skills with the flexibility to multitask prescribed activities and meet deadlines Education & Preferred Qualifications Bachelor’s degree in finance, Accounting, Economics, or Business Management Strong financial accounting knowledge and proficiency 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 Possess strong computer skills including Microsoft Office applications Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm and the team Strong analytical and organizational skills Salary Range The 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. Benefits 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. Equal Opportunity Employer State Street is an equal opportunity and affirmative action employer. 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. Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Job ID: R-790855 #J-18808-Ljbffr State Street