Fund Accounting and Administration Officer

Position Overview:
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.

The Officer will interact with all levels of professionals, internally and externally. Exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments

The Officer will be responsible for ensuring team compliance with operating policies, procedures and guidelines in the completion of Net Asset Valuations (NAV) across our Private Equity/Debt Fund Structures.

The Officer will be responsible for team development, staff management and enhancing client satisfaction.

This position offers the successful candidate the opportunity to demonstrate leadership, communication and technical expertise. The successful candidate will be responsible for implementing company policy, overseeing client deliverables and contributing to the development of the team and the organization.

Primary Job Duties and Responsibilities:
Direct and indirect management/supervision of PERA Fund Accounting staff

Supervise and review the work performed by PERA Fund Accounting 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 and immediate feedback and submission of formalized performance appraisals. Ensure adherence to internal policies and procedures

Ensure adherence to internal policies and procedures

Assist with planning and management of ah-hoc client and corporate project work

Co-ordinate 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

Requirements:
Candidates must have a University degree (an Accounting degree strongly preferred; Business, Mathematics, Finance or Economics degree required)

Prior accounting system experience required.

iGLS/Geneva system experience desirable

ACA/ACCA qualification is desirable, but not required.

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 & 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 #IJ