State Street US | Real Assets, Fund Accounting & Administration, Officer

Responsibilities

• As a Fund Accounting & Administration, Officer, you will be
• The Fund Controller Group (FCG) is responsible for the preparation, analysis and reporting of performance investment data for global real estate funds and affiliated entities.
• FCG is responsible for providing our clients and their investors with annual and quarterly financial reports, management, acquisition and other fee calculations, investor capital notices, fund, investor, and investment return calculations as well as various other investor reports requested.
• The team has an in-depth knowledge of the various fund structures, investor LP agreements, financial reporting, investment make-up, and investor base of our clients’ real estate funds
• This role is responsible for maintaining direct client relationships and the day-to-day accounting and administration for investment funds and affiliated entities.
• The range quoted above applies to the role in the primary location specified.
• 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 preparation of annual tax work paper packages.
• Review and/or preparation of 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 preparation of various client related correspondence.
• Work with database team regarding client deliverables such as financial statements, capital calls and distribution notices.
• Coordination of annual audit and tax return preparation with Big 4 accounting firms.
• Review and/or preparation of waterfall and capital account allocations.
• Review and/or preparation of estimated tax workpapers.
• Maintain working relationship 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.
• Manage internal workflow and client deadlines.
• Supervising all lower level staff (including Associate 1, Associate 2 and Senior Staff).
• During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

Requirements

• Advanced Excel skills (advanced formulas, pivot tables, vlookup).
• Real Estate, Fund, or Private Equity accounting experience.
• Exceptional interpersonal & communication skills.
• The ideal candidate will be a well-organized detailed oriented, analytical individual with exceptional interpersonal and communication skills.
• Candidates must demonstrate the ability to simultaneously handle multiple assignments and pressure while delivering the highest quality work product.
• Previous Financial reporting experience

State Street US

State Street US is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "For us, success comes in the mark we make as an organization– for the industry, our clients, our communities and each other."

Its finance, accounts, audit and tax openings in India are mostly in Boston, Quincy, Clifton and Kansas City.

• Industry: BFSI / Investments / Insurance