Fund Accounting & Administration (Private Equity), Assistant Vice President (Hybrid)

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. Why this role is important to us. The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. What you will be responsible for As Fund Accounting & Administration, AVP you will Manage a growing team of financial services professionals in the production and delivery of accounting and administrative services for one or more alternative investment client relationships. Primarily responsible for the allocation of income to investors, determination of management and incentive fees in accordance with the waterfall provisions, and processing capital events such as capital calls and distributions. Responsible for the portfolio and fund level accounting for numerous funds including the review and approval of monthly or quarterly net asset value reporting. 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. Proactively identify and participate in cross-sell opportunities. Participate in strategic working groups within the organization to improve processes and our operating model. What we value Strong critical thinking, problem solving, and decision-making skills. Good interpersonal skills Attention to detail. Effective time management Education & Preferred Qualifications Bachelor’s degree in accounting or finance At least 5 to 6 years of Private Equity experience 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. CPA qualification is favorable but not required. Experience with Investran or Geneva favorable but not required. Salary Range $90,000 - $157,500 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 Overview 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. #J-18808-Ljbffr State Street