Fund Accounting Manager - Private Equity

State Street   •  

Boston, MA

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 117 days ago

This job is no longer available.

State Street’s Private Equity and Real Assets teams fall into the Alternative Investment Solutions group.  Within this team we are focused on Private Equity, Hybrid, Real Assets and Fund of Fund investment vehicles. State Street is the world’s largest private equity fund administrator servicing approximately $280 billion in private equity capital commitments. We are committed to meeting the needs of private equity fund managers and asset owners with a team of more than 400 professionals focused solely on private equity administration from locations in North America, Europe and Asia. If you want to be a part of this growing team and possess the skills listed below then don’t wait to apply!

The Private Equity Fund of Fund Administration teams is responsible for servicing some of the largest institutional private equity administrators by providing fund accounting: transaction recording, trial balance generation, allocation calculations, investment and fund level valuations and producing capital statements.

Technical Competencies

  • Second level reviewer for allocated work
  • SME: Advanced PE/accounting knowledge – understand a variety of PE FoF structures and accounting treatments
  • Analytics -strategize best practices by defining team needs, prioritizing, and managing resources
  • Core contributor on special projects
  • Possess a strong knowledge base of the overall industry and implement solutions and ideas to the current operating model

Leadership Behaviours

  • Responsible for employee development/engagement
  • Timely execution of semi and annual reviews
  • Regular, constructive feedback to staff
  • Communication with management on staff performance

Professional Competencies

  • Ability to build trusted relationships with internal and external clients
  • Strong verbal and written communication skills
  • Promote a work culture that encourages strategic thinking
  • Act with integrity


Candidates must have a minimum of 5 years of relevant experience, including 1 to 2 years of supervisory experience.  A degree in accounting or experience in private equity or real estate is a plus.

  • R-596890