Fund Accounting & Administration, Officer

Job Description

The Officer position is within the Private Equity & Real Estate Fund Services (PERA) Fund Accounting Business Unit of the State Street Alternative Investment Services Group. It interacts with all levels of professionals, internally and externally. Exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, perform well under pressure and handle multiple assignments simultaneously.

Key Responsibilities

• Direct and indirect management/supervision of PERA Fund Accounting staff.
• Supervise and review work performed by staff in Ireland and other locations as applicable.
• Manage internal workflows to ensure internal and client deadlines are met.
• Manage expectations with client contacts.
• Prepare and/or review monthly, quarterly and annual financial work papers; including portfolio schedules, accrual schedules, profit & loss schedules, and partner capital allocations.
• Prepare and/or review investor capital call and distribution calculations; including the review of investor notices.
• Process Fund Sub-Closes on accounting systems or accounting workpapers.
• Prepare and/or review periodic bank and cash reconciliations and post journal entries.
• Prepare and/or review quarterly management fee calculations, and other Fund calculations as applicable.
• Prepare and/or review client related correspondence.
• Coordinate annual audit with Fund Auditors.
• Prepare and/or review Fund Waterfall calculations and Partner Capital Account allocations.
• Review Fund governing documents, including Limited Partnership Agreements and Offering Memoranda, to ensure consistency with accounting procedures and calculations in use.
• Establish and maintain working relationships with key client contacts, including investment professionals, investors, auditors, lawyers and banking personnel.
• Participate in ad-hoc client/internal projects as required.
• Participate in the development, testing and implementation of new systems and products.
• Coordinate client deliverables, both with clients and internally, such as financial statements, capital calls and distribution notices.
• Review and approve all transactions (money movement, trades, etc.) in accordance with established guidelines.
• Assist team in ensuring all accounting procedures and calculations are consistent with governing documents.
• Meet all requirements for the performance planning process including goal setting, regular check ins and submission of formalized performance appraisals.
• Ensure adherence to internal policies and procedures.
• Assist with planning and management of ad hoc client and corporate project work.
• Coordinate and implement training and development activities across the team.
• Assist with recruitment of new staff.
• Manage absences, time keeping and holiday/cover arrangements within the teams.
• Set and maintain standards of personal and professional performance and behavior, ensuring staff accountability and adherence to company policies and procedures.
• Schedule and conduct team meetings.
• Provide coaching, guidance and support to staff on technical, professional and client issues.
• Manage the administration billing process.
• Review and delivery of client KPIs.

Qualifications

• University degree (Accounting strongly preferred; Business, Mathematics, Finance or Economics required).
• Prior accounting system experience required.
• ACA/ACCA qualification desirable.
• Private Equity, Private Debt, Hedge Fund or Real Estate experience desirable.
• Previous Fund Accounting or corporate accounting experience, including supervisory experience.
• Strong computer skills, especially MS Excel, MS Word, MS PowerPoint.
• Strong numerical, analytical and problem solving skills.
• Strong written and verbal communication skills.
• Ability to work under pressure and to tight deadlines.
• Proactive and able to work independently and as part of a team.
• Demonstrated managerial and leadership skills.
• Proven ability to build, train and manage effective teams.

Benefits

• Generous holiday entitlements, including additional Birthday Day Off and Paid Volunteer Days.
• Supportive and encouraged hybrid work life balance.
• Expansive inclusion, diversity and equity programme.
• Private medical insurance, health screenings, flu vaccinations and eye testing.
• Employee wellbeing and mental health support programme.
• Parental and caretaker support.
• Attractive pension plan.
• Life assurance and long term disability support.
• Multiple local community volunteering opportunities.
• Profit sharing scheme.

Equal Opportunity Employer

State Street is an Equal Opportunity Employer. We consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.