Palmeri Fund Administrators, Inc. is a full service fund administration firm offering accounting, reporting and administrative services exclusively to the private equity industry.  PFA is a division of State Street Alternative Investment Solutions (AIS), which combines State Street’s hedge fund, private equity, and risk offerings to provide a complete set of fund accounting, fund administration and risk services to hedge funds and private equity funds.

PFA is the only full-service firm dedicated exclusively to excellence in private equity fund administration. The number, quality and loyalty of PFA’s clients speak for themselves. By any metric — number of sponsors, number of funds, assets under administration, scope of services, client satisfaction — PFA remains the leader in private equity fund administration.

PFA has locations in Fair Lawn, New Jersey and New York, NY. 

Fund Administrator Associate 2 Private Equity Fund Administration

This position is within the Private Equity Services Business Unit of the State Street Alternative Investment Services Group.   Under direct supervision, the Fund Administrator provides assistance with certain portions of the expense, compliance and reporting functions to support the fund administration role. In addition, the Associate two may be asked to provide supervision to entry level Fund Administrators at the Associate 1 level.

Fund Administrators at State Street interact with all levels of personnel and will have limited contact with clients or client contacts.  Fund Administrators handle the day-to-day accounting and accounting related administration for several client sponsored investment funds. 

Job Description

     •  Supervising lower level staff accountants and managing staff workflow
     •  Preparation and input of general journal entries and cash disbursements
     •  Maintenance of general ledger, including preparation and update of system generated financial statements and other reports
     •  Review and/or preparation of quarterly and annual financial workpaper packages
     •  Preparation of quarterly and annual financial statements drafts
     •  Preparation of annual tax work paper packages
     •  Preparation of various client related correspondence
     •  Special client projects
     •  This position can be located in Fair Lawn, NJ or New York, NY

Qualifications

Candidates must have an accounting degree and 2 to 6 years of previous accounting experience. Candidates should have strong computer skills, particularly MS Office products, especially MS Excel