State Street

State Street

Posted via Workday

Alternative Ops Fund Accounting, Officer

Apply by Nov 30, 2026

Posted Sep 30, 2026

Role at a glance

Salary
Not Disclosed
Location
Philippines, Manila
Employment
Full-time
Experience
4–7 years of alternatives operations or similar experience
Education
Degree in Accounting, Finance, or a related field

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Role Summary

AI-generated

The Officer oversees delivery quality and staff development in Alternatives NAV operations. The role reviews NAV outputs and complex fund accounting matters, supports client discussions and issue resolution, and contributes to controls and process improvement.

What You'll Do

  • Review and sign off on NAV deliverables and reconciliations prepared by Senior Associates.
  • Escalate and address operational, technical, and client-related issues, and support complex client discussions about structures,...
  • Apply product and structural expertise to challenge accounting treatments and guide complex allocation mechanics, capital account...
  • Train, coach, and develop staff through onboarding and technical upskilling.
  • Ensure adherence to controls, procedures, and service standards; identify recurring issues and contribute to corrective actions,...

Generated from the employer's posting. Verify important details before applying.

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Qualifications

Required: 4–7 years of alternatives operations or similar experience; review and sign-off capability with sound issue-escalation judgment; deep understanding of Private Markets fund structures, including LP/GP models, commitments, capital calls, distributions, and lifecycle events; understanding of differences between Private Equity, Private Credit, and Real Estate; expertise in distribution waterfalls and carried interest mechanics; experience reviewing capital account rebalances and investor-level true-ups; experience training, coaching, and developing staff; and a degree in Accounting, Finance, or a related field.

Preferred

  • Preferred experience and working knowledge of Geneva and/or Investran.

Original job description

Content provided by the employer

Job Summary

The Officer role combines delivery oversight with people development responsibility and deep product expertise across Alternatives NAV operations. Officers are accountable for review quality, product correctness, and team capability, ensuring NAV outputs align with complex fund structures and accounting standards.

Key Responsibilities

  • Review and sign off on NAV deliverables and reconciliations prepared by Senior Associates
  • Act as escalation point for operational, technical, and client‑related issues
  • Apply deep product and structural knowledge to challenge accounting treatments and assumptions
  • Provide technical guidance on complex allocation mechanics, including distribution waterfalls, preferred returns, catch‑ups, and carried interest
  • Review and support capital account rebalances, true‑ups, and post‑event adjustments
  • Train, coach, and develop staff, including onboarding and technical upskilling
  • Ensure consistent adherence to controls, procedures, and service standards
  • Support complex client discussions related to structures, allocations, and NAV outcomes
  • Identify recurring issues and drive corrective actions with AVPs
  • Contribute to standardization and continuous improvement initiatives

Qualifications

  • 4–7 years of alternatives operations or similar experience
  • Proven review and sign‑off capability with strong judgment on issue escalation
  • Deep understanding of Private Markets fund structures, including LP/GP models, commitments, capital calls, distributions, and lifecycle events
  • Deep understanding of differences between Private Equity, Private Credit, and Real Estate
  • Strong expertise in distribution waterfalls and carried interest mechanics
  • Experience reviewing capital account rebalances and investor‑level true‑ups
  • Required experience in training, coaching, and developing staff
  • Preferred experience and working knowledge of Geneva and/or Investran
  • Degree in Accounting, Finance, or a related field

About State Street

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.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

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State Street

About the company

State Street

Large Enterprise

State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.