Fund Accounting & Administration, Officer

Job description

AIS /Hedge: NAV - Officer
We are a team of dedicated accounting professionals who are passionate about delivering reporting and day-to-day accounting and support to our clients. Join this growing, high profile team focused on building solutions to revolutionize how State Street services our customers. Grow with us as we revolutionize our operating model and partner with colleagues around the globe.
State Street's Alternative Investment Solutions group provides a suite of services to more than 750 clients, including institutional investors, hedge fund managers, private equity fund managers and real estate fund managers. We offer deep, product-specific expertise in alternative investments and flexible, innovative solutions, including fund accounting, fund administration, corporate administration, risk and credit services.

Who we are looking for
As an Officer, you will partner with both clients and colleagues to establish the workflow and client deadlines while supervising staff members. Through continuous communications with clients and business partners, you will have multiple responsibilities including, but not limited to:

What you will be responsible for
•Manage the planning, preparation, and execution of the monthly or quarterly net asset value reporting cycle for one or more alternative investment client relationships
•Responsible for the allocation of income to investors as well as the determination of management and incentive fees
•Review and approve the portfolio accounting for numerous investments including equities, fixed income securities, foreign exchanges and OTC products
•Ensure all client queries and requests are attended to on time
•Demonstrate a persistent dedication 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.

Education & Preferred Qualifications
•Bachelor's degree in Accounting or Finance
•Minimum 5 years of industry experience
•Experience with alternative investment asset classes, complex fund structures and fee calculations desired
•Highly effective communication and management skills
•Knowledge of Advent Geneva is favorable

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers