Alternative Investment Services, Fund Administration, Senior Associate

State Street
16 Nov 2018
19 Nov 2018
Contract type
Full time

Supervision of all subordinate staff levels including Associate 1, Associate 2 and Senior Staff).
Manage internal workflow to ensure internal processing and client deadlines are met.
Manage client expectations with both designated client contacts and fund investors.
Review quarterly and annual financial work papers including portfolio schedules, accruals and partner capital allocations.
Review quarterly and annual financial statements and footnotes.
Review and/or prepare of annual tax work paper packages.
R eview and/or prepare capital calls and distributions, including notices and release merged documents.
Review and/or periodic bank and cash reconciliations and post journal entries.
Review quarterly management fee calculations.
During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
R eview and/or prepare of various client related correspondence.
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.
R eview and/or preparation of waterfall and capital account allocations.
Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures.
Review and/or prepare estimated tax workpapers.
Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel.
Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals.
Participate in special client or internal projects as required.

Candidate must have a college degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 5 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required. Specific experience in the private equity/real estate industry is a plus, but not required. Strong computer skills are required, especially Microsoft Office, particularly MS Excel.