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Full-Time

Private Equity

Fund Accounting & Administration, Vice President

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$115k - $197.5kAnnually

Senior, Expert

Boston, MA, USA

Category
Financial Accounting
Management Accounting
Accounting
Requirements
  • Bachelor’s degree with accounting
  • 12+ years of general ledger accounting or audit experience
  • 6+ years of leadership experience
Responsibilities
  • Supervising staff (including Associates, Senior Associates, Officers and AVP ).
  • Managing client relationships with both client personnel and fund investors.
  • Reviewing quarterly and annual financial work paper packages including portfolio schedules, accruals and PCAP allocations.
  • Reviewing quarterly annual financial statements and footnotes.
  • Review of capital calls and distributions, including notices.
  • Reviewing quarterly management fee calculations.
  • Review and/or preparation of various client related correspondence.
  • Client interaction on a daily basis.
  • Coordination of annual audit with accounting firms.
  • Review and/or preparation of waterfall and capital account allocations.
  • Understand how to navigate through limited partnership agreement.
  • Maintain working relationship with all client contacts, including auditors.
  • 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 (including offshore hubs) and client deadlines.

State Street Corporation provides asset management and custody banking services to institutional investors, including mutual funds and pension funds. Its division, State Street Global Advisors, manages investment portfolios and offers advisory services tailored to clients' financial goals. The company distinguishes itself through its commitment to innovation and promoting diversity and inclusion within its workforce. State Street aims to deliver high-quality financial services while fostering a supportive and inclusive culture.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.