Fund Accountant - Associate 2

About the role

We are looking for bright, enthusiastic and hard-working individuals with a keen interest in learning about and accounting for complex investment transactions and structures in a dynamic, challenging and fast-paced work environment. Your success will be facilitated by leading-edge technology infrastructure supported by well-developed procedures and controls.

The team you will be joining is part of our State Street Alternatives operation. We are a recognized industry-leading provider of fund accounting, fund administration, and risk services to alternative investment fund managers. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle-, and back-office requirements of institutional investors.

Responsibilities

• Complete the daily processing and monitoring of fund activities
• Prepare capital call and distribution calculations; related notices to investors
• Prepare/review periodic bank and cash reconciliations and post journal entries
• Prepare quarterly management fee calculations
• Prepare waterfall calculations and capital account allocations
• Prepare fund trial balances and supporting workpapers
• Assist the quarter-end book closing process
• Assist in managing internal workflow to ensure internal processing and client deadlines are met
• Work with other services departments to resolve errors/issues or to reconcile discrepancies
• Establish and maintain good working relationships with internal clients and colleagues
• Ensure all processes are in line with the SLA and escalate if necessary
• Participate in special client or internal projects as required
• Assist in new business setup and conversions
• Identify any unusual or potentially suspicious transaction activity and report and/or escalate in accordance with corporate policy
• Ensure standard procedures and controls are adhered to
• Initiate, propose, and implement improvements to enhance efficiencies and accuracy
• Liaise with investment managers, auditors, and banks
• Ongoing personal education and development by attending State Street training sessions

Qualifications

• College diploma or university degree with concentration in Accounting, Finance, or Economics
• Working knowledge of Microsoft Excel/Word (knowledge of Bloomberg a plus)
• Overtime may be required

Skills

• Excellent communication and interpersonal skills
• Team player and collaborative
• Strong attention to detail and accuracy; highly organized
• Strong analytical skills and proactive approach to problem solving
• Confident, decisive, and energetic
• Strong work ethic – flexible, adaptable, and ability to work within deadlines
• Can-do attitude with high energy
• Self-motivated with a passion for learning and growth

Benefits

• Comprehensive benefits program including medical, dental, vision, and life insurance
• Retirement savings plan (401K) with company match
• Paid-time off including vacation, sick leave, short-term disability, and family care responsibilities
• Employee Assistance Program
• Incentive compensation including eligibility for annual performance-based awards
• Tax-advantaged savings plans
• Paid volunteer days
• Matching gift program
• Access to employee networks
• Flexible Work Program
• Wealth of development programs and educational support

Pay

Salary range: $43,680 - $62,400 annually. The range applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location, the applicable range could differ.