Assistant Vice President, Private Equity, Fund Accounting & Administration
State Street
full-time
Posted on:
Location Type: Office
Location: Kansas City • Kansas, Montana, New Jersey • 🇺🇸 United States
Visit company websiteSalary
💰 $90,000 - $157,500 per year
Job Level
Lead
About the role
- 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
- Design and champion technology solutions to address the complex reporting and data requirements of clients
- Proactively identify and participate in cross-sell opportunities
Requirements
- 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
- Highly effective communication and management skills
- Ability to thrive and function in a high pressure deadline driven environment
- CPA qualification is favourable but not required
- Experience with Investran or Geneva favourable but not required
Benefits
- Health insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
- Retirement savings plan (401K) with company match
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
accountingfinancial servicesportfolio accountingfund level accountingnet asset value reportingfee calculationscapital events processingalternative investment asset classesmanagement fees determinationincentive fees determination
Soft skills
communication skillsmanagement skillsability to thrive under pressureorganizational skillsleadership skills
Certifications
Bachelor’s degree in AccountingBachelor’s degree in FinanceCPA qualification