Core Operations, Officer
State Street, Princeton, NJ, United States
Who We Are Looking For
We are looking for an individual who is willing to become a leader within the Fund Services business unit of the State Street Alternative Investment Services Group. The team comprises dedicated accounting professionals passionate about delivering financial reporting and day‑to‑day accounting and administrative support to premier private equity and real estate fund clients.
What You Will Be Responsible For
As an Officer you will be responsible for the preparation, analysis, and reporting of investment and fund performance data for global real‑estate funds and affiliated entities. Through continuous communication with clients and business partners you will manage multiple functions, including:
Maintaining the general ledger for various fund entities
Preparing supporting work papers for financial statements, portfolio schedules, and capital account allocations
Preparing financial statements and footnote disclosures
Analytical review of monthly/quarterly investment and fund performance data
Reviewing and/or preparing capital calls, distributions, and bank reconciliations
Preparing management, annual and incentive fee calculations
Preparing various client correspondences
Calculating waterfalls and capital account allocations
Ensuring compliance with legal documents
Maintaining working relationships with all client contacts, auditors, tax, lawyers, and banking personnel
Being part of special projects as requested
What Do We Need From You
A college degree (accounting preferred) and at least 3+ years of general ledger accounting or audit experience
Advanced Excel skills (advanced formulas, pivot tables, vlookup)
Preferred Knowledge, Skills & Experience
Fund accounting or public accounting experience
CPA or actively pursuing CPA certification
Experience leading verbal and written communications at senior levels with internal and external clients
Excellent administrative and organizational skills with demonstrated ability to multi‑task and to work efficiently to meet client deliverables
Salary Range
$70,000 - $122,500 Annual. The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location, the applicable range could differ.
Benefits
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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); and, eligibility for certain tax‑advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
Equal Opportunity Employer
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID
R-786313
#J-18808-Ljbffr
We are looking for an individual who is willing to become a leader within the Fund Services business unit of the State Street Alternative Investment Services Group. The team comprises dedicated accounting professionals passionate about delivering financial reporting and day‑to‑day accounting and administrative support to premier private equity and real estate fund clients.
What You Will Be Responsible For
As an Officer you will be responsible for the preparation, analysis, and reporting of investment and fund performance data for global real‑estate funds and affiliated entities. Through continuous communication with clients and business partners you will manage multiple functions, including:
Maintaining the general ledger for various fund entities
Preparing supporting work papers for financial statements, portfolio schedules, and capital account allocations
Preparing financial statements and footnote disclosures
Analytical review of monthly/quarterly investment and fund performance data
Reviewing and/or preparing capital calls, distributions, and bank reconciliations
Preparing management, annual and incentive fee calculations
Preparing various client correspondences
Calculating waterfalls and capital account allocations
Ensuring compliance with legal documents
Maintaining working relationships with all client contacts, auditors, tax, lawyers, and banking personnel
Being part of special projects as requested
What Do We Need From You
A college degree (accounting preferred) and at least 3+ years of general ledger accounting or audit experience
Advanced Excel skills (advanced formulas, pivot tables, vlookup)
Preferred Knowledge, Skills & Experience
Fund accounting or public accounting experience
CPA or actively pursuing CPA certification
Experience leading verbal and written communications at senior levels with internal and external clients
Excellent administrative and organizational skills with demonstrated ability to multi‑task and to work efficiently to meet client deliverables
Salary Range
$70,000 - $122,500 Annual. The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location, the applicable range could differ.
Benefits
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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); and, eligibility for certain tax‑advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
Equal Opportunity Employer
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID
R-786313
#J-18808-Ljbffr