Private Equity, Fund Accounting & Administration, Vice President

We are looking for a Vice President (VP) for our Private Markets division of the Alternative Investment Solutions Group to service clients. The VP will partner with clients and colleagues to establish workflow, manage deadlines, supervise staff, and provide reporting and day-to-day accounting support.

Responsibilities

• Supervise all lower level staff (Associate 1, Associate 2, Senior Staff, Officer and AVP).
• 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 prepare annual tax work paper packages.
• Review and / or prepare 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 prepare client related correspondence.
• Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices.
• Maintain heavy client interaction on a daily basis.
• Coordinate annual audit and tax return preparation with Big 4 accounting firms.
• Review and / or prepare waterfall and capital account allocations.
• Understand how to navigate through limited partnership agreements.
• Review and / or prepare estimated tax workpapers.
• Maintain working relationships 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.
• Lead special client projects.
• Manage internal workflow and client deadlines.
• During normal day‑to‑day operation, identify any unusual or potentially suspicious transaction activity and report or escalate per corporate policy.

Qualifications & Skills

Education & Preferred Qualifications

Additional Requirements

About State Street

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world, helping clients safeguard and steward investments of millions of people.

Salary Range

$110,000 - $170,000 Annual (primary location). The range may differ in other locations.

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