Private Equity Fund Accounting & Administration, Assistant Vice President
State Street
full-time
Posted on:
Location Type: Office
Location: Clifton • Massachusetts • New Jersey • United States
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Job Level
About the role
- Supervise all subordinate staff (including Associate 1, Associate 2, Officer, Senior Assoc. and/or Senior Staff)
- Manage internal workflow and client deadlines
- Manage client relationships with both client personnel and fund investors
- Review quarterly and annual financial work paper packages including portfolio schedules, accruals and partner capital allocations
- Review and/or preparation of capital calls and distributions, including notices and release merged documents
- Review periodic bank and cash reconciliations and post journal entries
- Review quarterly management fee calculations
- Review and/or preparation of various client related correspondence
- Identify any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy
- Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices
- Coordination of annual audit and tax return preparation with external accounting firms
Requirements
- College degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 7 years of accounting experience
- 3 to 4 years of supervisory experience
- Specific experience in the private equity industry is a plus
- CPA is a plus, but not required
- Experience with Investran or other partnership accounting applications is a plus
Benefits
- Health insurance 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 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 & Tools
financial analysisportfolio managementcapital allocationbank reconciliationjournal entriesmanagement fee calculationsaudit preparationtax return preparationclient correspondencesuspicious transaction reporting
Soft Skills
supervisory skillsclient relationship managementworkflow managementdeadline managementcommunication skillsorganizational skillsproblem-solving skillsteam coordinationattention to detailescalation management
Certifications
CPA