Who we are looking for
As an AIS PERA Fund Accounting & 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.
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.
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.
Why this role is important to us
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.
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.
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.
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.
What you will be responsible for
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)
Reviewing associates work
Providing excellent client service
Directing interactions with both clients and business partners in Home Sites
Promoting risk awareness, assessment and control within team
Participating in system testing and implementation of improvements
Delivering trainings
Providing regular feedback to manager and more senior colleagues
Must have
2-3 years of PE accounting experience required to respond to client queries and discuss accounting treatments
Comprehensive knowledge of double entry bookkeeping
Understanding of different Real Asset and Private Equity fund structures like Fund of Funds, Infrastructure, Private Credit or Direct Investment Funds
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
Ability to calculate Net Asset Valuations and Investor Allocations of various Private Equity vehicles.
Good command of English
Team player
Flexible and eager to develop itself and others
Excellent communication and interpersonal skills
Ability to work with deadlines
Attention to detail, analytical skills
Ability to work on your own initiative, develop solutions and provide an input which enable to make the effective decisions, ownership
Nice to have
Experience with property review accounting like: Net Assets, Operating income, Depreciation check, Fixed Assets, AvB Reports, Debt Valuation schedule and Rent calculation
Experience with Investor reporting, WSO reports, Bank Loans
Experienced in preparing general ledger and financial statements
Knowledge of Oracle, Geneva, Investran and MCH
Finance, Accounting, Business Degree would be an asset
What we offer
Permanent contract of employment from day one
Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
Gold medical package for employees and their families (partner and children)
Premium life insurance package and private pension plan
Employee savings plan
Multisport Card
Wide range of soft skills training, technical workshops, language classes and development programs
Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
Variety of well-being programs
About State Street
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 financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward
the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
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