State Street · 3 hours ago
Private Credit, Fund Accounting & Administration, Officer
Clifton, NJ
Full-time
Onsite
Senior Level
$70K/yr - $108K/yr
5+ years expState Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers. As a Fund Accounting & Administration Officer, you will manage client relationships, oversee fund accounting processes, and ensure timely delivery of administrative services.
BankingFinanceFinancial Services
Responsibilities
Manage internal workflow and client deadlines
Manage client relationships & liaising with client personnel on a daily basis
Maintain good working relationship with all client contacts including investment professionals, investors, auditors lawyers, and banking personnel
Overseeing the general ledger for various fund entities
Work with internal teams both onshore and abroad
Review quarterly and annual financial workpaper packages
Review investor allocations and capital calls and distributions
Review and/or prepare complex fee calculations management fees waterfall and capital account allocations etc
Qualification
Required
Manage internal workflow and client deadlines
Manage client relationships & liaising with client personnel on a daily basis
Maintain good working relationship with all client contacts including investment professionals, investors, auditors lawyers, and banking personnel
Overseeing the general ledger for various fund entities
Work with internal teams both onshore and abroad
Review quarterly and annual financial workpaper packages
Review investor allocations and capital calls and distributions
Review and/or prepare complex fee calculations management fees waterfall and capital account allocations etc
Strong critical thinking, problem solving, and decision making skills
An ability to be a leader within their team, as well as be a leader amongst your peers
Strong communication, interpersonal, and organizational skills, which includes excellent time management and prioritization skills
Candidates must demonstrate initiative, be able to perform well under pressure, and simultaneously handle multiple assignments
Excellent administrative and organizational with the proven ability to multi-task and to work efficiently to meet client deliverables
Preferred
Bachelor's degree in Accounting or Finance
At least 5 to 6 years of Private Equity experience
Experience with alternative investment asset classes, complex fund structures and fee calculations desired
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
R
Renee LaRoche-Morris
Senior Vice President, Chief of Staff to the COO; Head of CAO Services
Recent News
legacy.thefly.com
2026-01-22
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