Fund Accounting & Administration, Associate 2
Posted on: 1 Mar 2021
Clifton, NJ
Job Description
Alternative Investment Solutions - Private Equity Middle Office, Associate 2
Job Description Summary
Are you passionate about a career in Financial Services? Come join our team! We are looking for motivated individuals who are passionate about working in a harmonious and energizing environment. State Street is an industry leader in providing administrative fund services to Private Equity managers within our Alternative Investment Solutions business unit. The PE Fund Operations group is the central hub for supporting the delivery of our administrative services. This position is responsible for overseeing the day-to-day operations and accounting related functions for multiple client sponsored Private Equity Partnership investment funds, and will interact regularly with professionals across many levels both locally, and in globally diverse locations.
Job Description
PRIMARY RESPONSIBILITIES
* Preparing and/or reviewing transactions for cash processing along with completing reconciliations from cash to accounting
* Preparing and/or reviewing accounting transactions ensuring they are booked to the ledger appropriately
* Overseeing the general ledger for various fund entities
* Preparing various client correspondences
* Work with internal teams both onshore and abroad to ensure all groups have the appropriate information required to process cash and accounting
* Make sure all client deliverables are being met
* Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
* Special projects as needed
Skills & Experience
* Bachelors degree in Accounting or Finance
* Experience with alternative investment asset classes or Private Equity desired
* At least 1 year of relevant experience in Financial Services Industry
* Investran experience is preferred
* Highly effective communication and time management skills
* Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables
State Street
Boston, MA
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product and participant level accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors.
The company also provides investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. In addition, it offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and outsourced chief investment officer. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.
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IndustryBanking/Financial Services
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No. of Employees39,969
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Jobs Posted443
