Fund Accounting & Administration, Officer

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.

Responsibilities

• Supervise all subordinate staff levels including Associate 1, Associate 2, and Senior Associates.
• Manage the day-to-day delivery of accounting and administrative services for one or more client relationships by liaising with different functional teams spread across multiple global service locations.
• Supervise and review the portfolio and fund-level accounting for numerous funds. Asset classes can include equities, fixed income, derivatives, and private investments.
• Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures.
• Manage the planning, preparation, and execution of weekly and/or monthly net asset value reporting cycle in accordance with US GAAP.
• Ensure all client queries and requests are attended to in a timely manner and delegated or escalated appropriately.
• Demonstrate an unrelenting commitment to client satisfaction.
• Support the onboarding of existing client funds and the launch of new funds.
• Ensure adherence with internal policies and procedures and compliance with external governing regulations.
• Coordinate all external audit requests and requirements from financial reporting, tax, compliance, risk, and regulatory reporting as required.
• Involved in all areas of talent management including hiring, training, supervision, and delivery of performance reviews.
• Meet all requirements for the performance planning process including goal setting, regular and immediate feedback, and submission of formalized performance appraisals.
• Contribute to working groups within the organization to improve our processes.
• Participate in special client or internal projects as required.

Requirements

• Bachelor’s degree in Accounting or Finance.
• Minimum 5 years of experience in the financial services industry, preferably within a hedge fund accounting role, including 1-2 years of supervisory experience.
• Demonstrate an understanding of fund-level profit & loss characteristics and its implications on investor allocations for various complex fund structures.
• Proficiency in Microsoft Outlook & Excel is required.
• Strong interpersonal skills, highly effective communication, and organization skills.
• Ability to thrive and function in a deadline-driven environment.
• Ability to understand and troubleshoot complex fund accounting problems and use analytical skills to resolve issues in a timely manner.

CPA qualification is favorable but not required.

Benefits

• Retirement savings plan (401K) with company match.
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages.
• Paid-time off including vacation, sick leave, short-term disability, and family care responsibilities.
• Access to Employee Assistance Program.
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans).
• Eligibility for certain tax-advantaged savings plans.
• Paid volunteer days.
• Vibrant employee networks that keep you connected to what matters most.

For a full overview, visit State Street Benefits.