state street bankEast Boston, MA
Private Credit, Fund Accounting & Administration, Assistant Vice President
Private Credit, Fund Accounting & Administration, Assistant Vice President
Private Credit, Fund Accounting & Administration, Assistant Vice President
state street bankEast Boston, MA
today
Portfolio Management and Investment AdviceMiscellaneous Financial Investment ActivitiesInvestment Banking and Securities Intermediation
Apply for this role (opens in a new tab)Overview:
As Fund Accounting & Administration AVP, you oversee a growing team delivering accounting and admin services for alternative investment clients. You’ll manage income allocations, fees, and capital events, and you’ll approve NAV reporting across multiple funds. You’ll lead onboarding of new funds and strive for exceptional client satisfaction while ensuring compliance and policy adherence. You’ll drive technology-driven reporting solutions and identify cross-sell opportunities. This role sits at the heart of end-to-end fund services in a global firm. Compensation / Benefits 401K with company match medical, dental, vision insurance paid time off long-term disability paid volunteer days employee assistance program
Responsibilities:
Lead a team delivering accounting and administrative services for one or more client relationships. Allocate income to investors and determine management and incentive fees per waterfall provisions. Process capital events such as capital calls and distributions. Oversee fund and portfolio level accounting and approve monthly/quarterly NAV reporting. Lead onboarding of existing funds and launch of new funds. Uphold client satisfaction and ensure compliance with internal policies and external regulations. Design and champion technology solutions for complex reporting and data needs. Identify cross-sell opportunities and participate in strategic process improvements.
Key requirements:
Bachelor’s degree in Accounting or Finance 5 to 6 years of Private Market experience Experience with alternative investment asset classes, complex fund structures and fee calculations Strong communication and management skills Ability to thrive in a high-pressure, deadline-driven environment CPA qualification is favorable but not required Experience with Investran or Geneva favorable but not required Strong interpersonal skills Attention to detail Effective time management Investran Geneva fund accounting and waterfall calculations
Also on the board Same function, level within a rung
Level
Senior
Location
East Boston, MA
Occupation
Financial Managers
Industry
Portfolio Management and Investment Advice
Posted
today