Private Equity and Real Assets, Senior Associate

  • Location: Dublin, Leinster, Ireland
  • Salary: Competitive
  • Job Type: Full time

Private Equity and Real Assets, Senior Associate

This supervisory position is within the Private Equity & Real Estate Fund Services Business Unit of the State Street Alternative Investment Services Group.
The Private Equity & Real Estate Senior Associate interacts with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. The Private Equity & Real Estate Senior Associate is responsible to supervise and direct the day-to-day accounting and administration for several client sponsored investment funds.

Responsibilities:
  • Supervision of all subordinate staff levels including Associate 1 and Associate 2
  • Manage internal workflow to ensure internal processing and client deadlines are met
  • Manage client expectations with both designated client contacts and fund investors, as necessary
  • Review quarterly and annual financial work papers including portfolio schedules, accruals and partner capital allocations
  • Review and/or prepare capital call and distribution calculations; related notices to investors (as necessary); perform final review and authorize release of merged notices to investors
  • Review periodic bank and cash reconciliations and post journal entries
  • Review quarterly management fee calculations Review and/or preparation of various client related correspondence
  • Coordinate client deliverables, both with clients and internally, such as financial statements, capital calls and distribution notices
  • Coordinate annual audit and tax return preparation with accounting firms
  • Review and/or preparation of waterfall calculations and capital account allocations
  • Review limited partnership agreements and offering memoranda to ensure all accounting procedures and calculations are consistent with the fund's governing documents
  • Maintain working relationship with all client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
  • Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals
  • Participate in special client or internal projects as required

Requirements:
  • Candidates must have a university degree (accounting degree strongly preferred; business, mathematics, finance or economics degree required)
  • Audit or private equity / real estate experience is very desirable, but not required
  • Previous fund or corporate accounting experience, including supervisory experience
  • Strong computer skills are required, especially Microsoft Office / MS Excel