Fund Administration Manager

We are seeking a Fund Administration Manager to join our Private Equity Fund Services business unit within the State Street Alternative Investment Services Group.

As a Fund Administration Manager, you will be responsible for directing the day-to-day accounting and administration for several client-sponsored investment funds. You will interact with all levels of professionals both internally and externally, requiring exceptional interpersonal and communication skills.

Client Engagement

• Manage and maintain day-to-day communications with clients
• Engage with investment professionals, client personnel, investors, attorneys, auditors, bankers, and others
• Review and understand investment fund legal documents, including partnership allocations and distribution waterfalls

Service Delivery

• Adhere to State Street Alternative Investment Solutions (AIS) internal control procedures
• Ensure timely delivery of monthly and quarterly client deliverables
• Perform variance analysis to explain significant movements from quarter to quarter
• Review quarterly and annual financial work papers, including portfolio schedules and tax work paper packages
• Identify and report unusual or potentially suspicious transaction activity
• Coordinate annual audit and tax return preparation with external accounting firms

Service Quality

• Review calculation and verbiage on Limited Partner capital calls and distributions
• Review accounting work paper packages, fees calculations, financial statements, and other reports
• Manage internal workflow to ensure internal processing and client deadlines are met

People Management

• Demonstrate good management skills and the ability to work well with others
• Assist with development and implementation of training for accounting staff
• Supervise subordinate staff, including Associate 1, Associate 2, and Senior Staff

Other Responsibilities

• Integrate new business/client onboarding
• Coordinate and manage special client and corporate projects

Education & Preferred Qualifications

• University degree in business, mathematics, finance, or economics, with an accounting concentration a plus
• At least 8 years of accounting experience, including 2-3 years of supervisory and financial reporting experience
• Specific experience in the private equity/real estate industry is a plus
• Strong computer skills, especially Microsoft Office, particularly MS Excel