State Street · 5 hours ago
Private Credit Fund Accounting and Administration, Senior Associate
Berwyn, PA
Full-time
Onsite
Mid, Senior Level
$52K/yr - $94K/yrState Street is a recognized industry-leading provider of fund accounting, fund administration and risk services to Hedge Funds and Private Market Funds. As a Senior Associate, you will be responsible for the preparation, analysis and reporting of investment and fund performance data for global Private Credit funds and affiliated entities.
BankingFinanceFinancial Services
Responsibilities
Maintaining the general ledger for various fund entities
Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
Analytical review of monthly/quarterly investment and fund performance data
Reviewing and/or preparing of capital calls, distributions and bank reconciliations
Preparing management, annual and incentive fee calculations
Preparing various client correspondences
Calculating waterfalls and capital account allocations
Special projects as requested
Qualification
Required
Maintaining the general ledger for various fund entities
Preparing supporting work papers for financial statements, portfolio schedules and capital account allocations
Analytical review of monthly/quarterly investment and fund performance data
Reviewing and/or preparing of capital calls, distributions and bank reconciliations
Preparing management, annual and incentive fee calculations
Preparing various client correspondences
Calculating waterfalls and capital account allocations
Special projects as requested
Ensuring compliance with legal documents
Maintaining working relationship with all client contacts, auditors, tax, lawyers and banking personnel
Preferred
Fund accounting or Public Accounting experience
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
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
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Vibrant employee networks that keep you connected to what matters most
Company
State Street
State Street offers a range of financial services, including investment management, research and trading, as well as asset management.
Founded in 1792
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
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