Private Equity and Real Assets – Fund Accounting & Administration Supervisor, Senior Associate – PE&RA US FA Team

<p>Who we are looking for</p><p>As an AIS PERA Fund Accounting &amp; Administration Supervisor you will be a part of our team responsible for reporting for our Private Equity or Real Assets fund clients. You will be responsible for review of all PERA Fund Accounting processes to ensure all clients’ reporting is prepared with the highest quality and accuracy in a timely manner.</p><p>We are looking for a committed candidate who as a part of Alternative Investment Solutions will collaborate with other departments to find new solutions for complex business challenges, who is open for improvements and who can take advantage of opportunities.</p><p>The successful candidate will need to take initiative, exercise independent thinking, maintain an excellent and interactive relationship with team members, global business partners and, most importantly, our clients.</p><p></p><p>Why this role is important to us</p><p>The team you will be joining is in the Alternative Investment Solutions (AIS) department which is a part of State Street, the largest financial services provider in Poland. AIS is a recognized industry-leading provider of fund accounting and fund administration services to hedge and private equity funds.</p><p>PERA is the fastest growing sector of the funds industry with huge potential for additional client take-ons and expansion within existing clients into diverse assets classes such as Private Equity, Real Estate, Infrastructure and Hybrid models.</p><p>We continue to see a steady stream of growth in scale and complexity across the client base. This is expected to continue long into the future as the industry grows and matures.</p><p>Join us if making your mark in the alternative investment industry from day one and servicing E2E clients is a challenge you are up for.</p><p></p><p>What you will be responsible for</p><ul><li>Managing and overseeing daily PERA Fund Accounting processes (Cash Bookkeeping and Cash Reconciliations, accounting for accruals, prepayments and valuations, Period End Reporting including NAV Calculations)</li><li>Reviewing associates work</li><li>Providing excellent client service</li><li>Directing interactions with both clients and business partners in Home Sites</li><li>Promoting risk awareness, assessment and control within team</li><li>Participating in system testing and implementation of improvements</li><li>Delivering trainings</li><li>Providing regular feedback to manager and more senior colleagues</li></ul><p></p><p>Must have</p><p></p><ul><li>2-3 years of PE accounting experience required to respond to client queries and discuss accounting treatments</li><li>Comprehensive knowledge of double entry bookkeeping</li><li>Understanding of different Real Asset and Private Equity fund structures like Fund of Funds, Infrastructure, Private Credit or Direct Investment Funds</li><li>Ability to properly analyze Limited Partnership Agreements and accurately account for all Private Equity specific transactions like capital calls and distributions, management and performance fees, income and expenses, monthly and quarterly valuations</li><li>Ability to calculate Net Asset Valuations and Investor Allocations of various Private Equity vehicles.</li><li>Good command of English</li><li>Team player</li><li>Flexible and eager to develop itself and others</li><li>Excellent communication and interpersonal skills</li><li>Ability to work with deadlines</li><li>Attention to detail, analytical skills</li><li>Ability to work on your own initiative, develop solutions and provide an input which enable to make the effective decisions, ownership</li></ul><p></p><p></p><p>Nice to have</p><ul><li>Experience with property review accounting like: Net Assets, Operating income, Depreciation check, Fixed Assets, AvB Reports, Debt Valuation schedule and Rent calculation</li><li>Experience with Investor reporting, WSO reports, Bank Loans</li><li>Experienced in preparing general ledger and financial statements</li><li>Knowledge of Oracle, Geneva, Investran and MCH</li><li>Finance, Accounting, Business Degree would be an asset</li></ul><p></p><p></p><p>What we offer</p><ul><li>Permanent contract of employment from day one</li><li>Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)</li><li>Gold medical package for employees and their families (partner and children)</li><li>Premium life insurance package and private pension plan</li><li>Employee savings plan</li><li>Multisport Card</li><li>Wide range of soft skills training, technical workshops, language classes and development programs</li><li>Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice</li><li>Variety of well-being programs</li></ul><p></p><p></p><p>About State Street</p><p>What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the f