NJ Employer AIS PE Fund Service Specialist, Senior Associate in Princeton, New Jersey

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It's also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You'll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.Job DescriptionJob DescriptionThis supervisory position is within the AIS PE BU. Position will be responsible to direct the day-to-day accounting and admin for client sponsored investment funds.Supervision of staff.Review work papers, portfolio schedules, accruals and PCAP allocations.Review financial statements and footnotes.Review/preparation of capital calls and distributions.Review monthly bank recs.Review quarterly management fee calculations.Review/preparation of various client correspondences.Work with database team on client deliverables.Heavy client interaction on a daily basis.Review/preparation of waterfall & cap account allocation.Understand how to navigate through LPA.Maintain working relationship with all client contacts, auditors, lawyers and banking personnel.Ensure compliance with investment fund legal documents, i.e. LPA.Assist accounting managers to ensure compliance with investment fund agreements and other legal docs.Special projects.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.QualificationsQualificationsAccounting degree.2 to 3 years of supervisory and/or financial reporting experience is required.Private equity industry is a plus.Strong computer skills are required.Exceptional interpersonal & communication skills are required.Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignmentsJob Opening ID165970LocationPrinceton-NJ-USAClosing StatementTo apply to this position, follow the "apply now" link. To locate this position in our application page, please use the KEYWORD search functionality and insert either the State Street Job ID or the Location.VEVRAA Federal ContractorRequest Priority Protected Veteran ReferralsEOE -Veteran /Disabled/Minority/AA/F/M/SO