Private Credit Fund Accounting and Administration, Officer

Who We Are Looking For State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Market managers within our Alternative Investment Solutions business group. Our Private Credit (PC) 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 credit products for industry‑leading asset managers. The PC 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. 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 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. What You Will Be Responsible For As Fund Accounting & Administration Officer you will: Assist in managing staff (including Associate 1, Associate 2 and Senior Associate Staff) Manage internal workflow and client deadlines Manage client relationships & liaise with client personnel on a daily basis Maintain a good working relationship with all client contacts including investment professionals, investors, auditors, lawyers and banking personnel Review quarterly and annual financial work‑paper packages including portfolio schedules, accruals and partner capital allocations Review and/or prepare complex fee calculations, management fees, waterfall and capital account allocations, etc. What We Value Strong critical thinking, problem solving and decision‑making skills An ability to be a leader within their team, as well as be a leader amongst your peers Strong communication, interpersonal and organizational skills, including excellent time management and prioritization skills Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments Excellent administrative and organizational ability to multi‑task and work efficiently to meet client deliverables Investran experience preferred Education & Preferred Qualifications Bachelor’s degree in Accounting or Finance At least 5 to 6 years of Private Market experience Experience with alternative investment asset classes, complex fund structures and fee calculations desired Ability to thrive and function in a high‑pressure deadline‑driven environment CPA qualification favourable but not required Experience with Investran or Geneva favourable but not required Salary Range $70,000 - $111,250 Annual. 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 a retirement savings plan (401(k) 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. For a full overview, visit 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. 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-786152 #J-18808-Ljbffr State Street