State Street

Assistant Vice President, Real Assets Fund Accounting & Administration

State Street

full-time

Posted on:

Location Type: Office

Location: Clifton • New Jersey • Pennsylvania • United States

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Job Level

Lead

Tech Stack

Oracle

About the role

  • Supervising and mentor colleagues at the associate levels
  • Managing client relationships with both client personnel and fund investors
  • Reviewing quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations
  • Reviewing quarterly and annual financial statements and footnotes
  • Review and/or preparation of annual tax work paper packages
  • Review and/or preparation of capital calls and distributions, including notices and release merged documents
  • Reviewing monthly bank reconciliations and post journal entries
  • Reviewing quarterly management fee calculations
  • Review and/or preparation of various client related correspondence
  • Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices
  • Heavy client interaction on a daily basis
  • Coordination of annual audit and tax return preparation with Big 4 accounting firms
  • Review and/or preparation of waterfall and capital account allocations
  • Understand how to navigate through limited partnership agreement
  • Review and/or preparation of estimated tax workpapers
  • Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
  • Ensure compliance with investment fund legal documents, i.e. partnership agreement
  • Assist accounting managers to ensure compliance with investment fund agreements and other legal documents
  • Special client projects
  • Manage internal workflow and client deadlines
  • Identify any unusual or potentially suspicious transaction activity and report and/or escalate in accordance with corporate policy

Requirements

  • Bachelor’s degree in Accounting or Finance
  • CPA or CPA candidate preferred
  • At least 5 to 6 years of Fund Accounting experience, including 3+ years of supervisory experience
  • Experience with alternative investment asset classes, complex fund structures and fee calculations desired
  • Working knowledge of MRI, Oracle Financials, Yardi is a plus
Benefits
  • Generous medical care
  • 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
  • Access to flexible Work Programs to help you match your needs
  • Wealth of development programs and educational support
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Fund AccountingFinancial Statement ReviewTax Work Paper PreparationBank ReconciliationManagement Fee CalculationCapital CallsWaterfall AllocationCapital Account AllocationFinancial AnalysisClient Deliverables
Soft Skills
SupervisionMentoringClient Relationship ManagementCommunicationCoordinationWorkflow ManagementProblem SolvingAttention to DetailInterpersonal SkillsProject Management
Certifications
Bachelor’s Degree in AccountingBachelor’s Degree in FinanceCPACPA Candidate