State Street · 10 hours ago
Private Markets Fund Accounting and Administration, Associate 2
Quincy, MA
Full-time
Onsite
Entry, Mid Level
$42K/yr - $67K/yr
1+ years expState Street is one of the largest custodian banks and asset managers in the world, seeking a dedicated accounting professional for their Private Equity Fund Services Business Unit. The role involves day-to-day fund accounting and administration, providing complete end-to-end solutions for a major Private Equity/Credit Investment Fund.
BankingFinanceFinancial Services
Responsibilities
Review and/or prepare daily position and cash reconciliations, research and resolve discrepancies
Prepare and process journal entries, maintain general ledger
Prepare capital calls and distribution allocation schedules
Prepare financial work papers including portfolio schedules partners’ capital allocations and capital statements
Prepare process and monitoring USD and non-USD cash movement
Review Junior Associate and offshore teams’ work
Prepare various client correspondence and related ad hoc correspondence
Interacts with internal and external auditors providing requested information to specific inquiries as needed
Participate in special client or internal projects
Qualification
Required
1-2 years of fund accounting or related experience
Advanced MS Excel skills
Attention to detail
Time management
Excellent administrative and organizational skills with demonstrated ability to multi-task and to work efficiently to meet client deliverables
Preferred
Experience with Investran a plus
Experience with investment/Portfolio accounting platforms a plus
Specific experience in the Private Equity industry preferred
Benefits
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
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$12.05B2025-10-23Post Ipo Debt· $1B
2025-04-24Post Ipo Debt· $2B
2025-02-06Post Ipo Equity· $750M
Leadership Team
Ronald O'Hanley
Chairman and Chief Executive Officer
Andrew Zitney
Executive Vice President, Chief Technology Officer
Recent News
2025-12-30
2025-12-30
2025-12-18
Company data provided by crunchbase