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State Street · 1 week ago

Real Assets, Fund Accounting & Administration, Officer

Atlanta, GA

Full-time

Onsite

Senior Level

$75K/yr - $128K/yr

5+ years exp

State Street is one of the largest custodian banks and asset managers in the world. The Fund Accounting & Administration Officer will be responsible for maintaining client relationships and overseeing the accounting and administration for investment funds, including financial reporting and compliance with investment fund agreements.

BankingFinanceFinancial Services

Responsibilities

Supervising all lower level staff (including Associate 1, Associate 2 and Senior Staff)

Manage client relationships with both client personnel and fund investors

Review quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations

Review quarterly and annual financial statements and footnotes

Review and/or preparation of annual tax work paper packages

Review and/or preparation of capital calls and distributions, including notices and release merged documents

Review monthly bank reconciliations and post journal entries

Review quarterly management fee calculations

Review and/or preparation of various client related correspondence

Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices

Heavy client interaction on a daily basis

Coordination of annual audit and tax return preparation with Big 4 accounting firms

Review and/or preparation of waterfall and capital account allocations

Understand how to navigate through limited partnership agreement

Review and/or preparation of estimated tax workpapers

Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel

Ensure compliance with investment fund legal documents, i.e. partnership agreement

Assist accounting managers to ensure compliance with investment fund agreements and other legal documents

Special client projects

Manage internal workflow and client deadlines

During the course of normal day to day operation, be 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

Qualification

Fund AccountingFinancial ReportingGeneral Ledger AccountingAdvanced ExcelReal Estate AccountingLeadership ExperienceAnalytical SkillsInterpersonal SkillsCommunication Skills