Transitioning from Public Accounting into Private Equity Accounting - Senior Fund Accounting Analyst State Street Employee Review

4.0
7 Jun 2019
Recommend
CEO approval
Business outlook

Pros

Salary & Benefits State Street offers above average salaries and benefits at the Senior Level that is unbeatable. Work Environment Everyone in the Atlanta office has a great attitude! It all trickles down from management all the way to the youngest intern. That positive demeanor around the office promotes quality work and comradery. The Atlanta Real Assets Fund Services group as a whole niche is volunteering and giving back. On a quarterly basis you will find some type of event being coordinated by the office to better our communities, outside of work. Volume of Work Depending on the demand of the client volume can be high to moderate. I have worked on several funds within the last year and I can say that the client enjoys driving efficiency. The perk at the senior level when there is a high volume of work or the time spent for process improvement, overtime pay is offered. Flexibility (Life/Work Balance) State Street is a big advocate delivering timely deliverables but also ensures you are taking care of you as an individual. One of the appealing items that were shared with me during my screening process is the ability to work remotely when needed. I can attest that perk is official depending on team setup. Opportunities When I was hired by State Street I was brought on to be a part of a new sub business line of the PE/Real Assets group; Infrastructure Accounting. Within in my first year I have witnessed how expansive and promising this role is. At the Senior Level in Industry you would not be expected to be involved in some many processes end to end. That includes on-boarding new clients, on-boarding existing clients with new funds, day to day fund accounting and administration, and consulting with the client on complex task.

Cons

Rest assured, State Street Atlanta has done a great job bringing in new candidates that are competent, who has well-rounded characteristics and is willing and able to move along the team for the better without disturbing a strong foundation that has been set.

Explore other reviews about State Street

5.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
14 May 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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