Private Credit Fund Accounting and Administration, Officer

State Street

Fund Accounting & Administration Officer managing staff, client relationships, and financial reporting for private credit investment funds. Supporting both Hedge Fund and Private Market managers in the alternative investment industry.

Posted 6/8/2026full-timeBoston • Massachusetts, New Jersey, Pennsylvania • 🇺🇸 United StatesMid-LevelSenior💰 $70,000 - $122,500 per yearWebsite

About the role

Key responsibilities & impact

Assist in managing staff (including Associate 1, Associate 2 and Senior Associate Staff)
Manage internal workflow and client deadlines
Manage client relationships & liaising with client personnel on a daily basis
Maintain 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.

Requirements

What you’ll need

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 is favourable but not required
Experience with Investran or Geneva favourable but not required

Benefits

Comp & perks

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)
Eligibility for certain tax advantaged savings plans

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

financial work paper packagesportfolio schedulesaccrualspartner capital allocationsfee calculationsmanagement feeswaterfallcapital account allocations

Soft Skills

staff managementclient relationship managementcommunicationorganizational skillsability to thrive under pressuredeadline management

Certifications

Bachelor’s degree in AccountingBachelor’s degree in FinanceCPA qualification