Fund Accounting & Administration, Senior Associate

at  State Street

Who we are looking for
A hands on hedge fund senior associate who will be primarily responsible for the timely and accurate execution and dissemination of net asset valuations (NAVs) for our clients’ accounts (funds).
Why this role is important to us
This is an excellent opportunity for any candidate as you will be working on an experienced team who will fully support you. Managing and maintaining our excellent client relationship is critical in our day to day service of them.
What you will be responsible for

As Our Fund Accounting Senior Associate you will be responsible for the following:

• Review daily cash, position and market value reconciliations
• Ensuring the portfolio is accurately priced daily in adherence to the clients Price Source Agreement and Governing Docs
• Work closely with our colleagues in each of our hub locations, reviewing the output from the fund accountants in those locations
• Actively assist in the Dealing Date accounting process - providing reporting of the highest quality and accuracy in a timely manner to meet the needs of our client
• Manage workflow, ensuring procedures are up-to-date, providing training to strengthen technical skills, coupled with furthering the soft skills within your team
• Work on complex financial instruments such as equities, fixed income, futures options and swaps
• Work on Income distributions and ADL
• Be able to professionally resolve the issues and provide help to colleagues, confidently and efficiently communicate with home site
• Monitor the deliverables, ensuring the accuracy and timeliness of deliverables; be able to flexibly arrange work among the team
• Update and maintain procedures for all tasks/activities and work with the Manager to ensure all corporate compliance, risk policies and SOP’s are adhered to by the team
• Be accountable for all the assigned tasks, resolve complex issues and escalate as needed acting with a sense of urgency to meet required deliverables
• Build a collaborative relationship with inter-departmental contacts
• Assist Manager in making enhancements to the daily operating model; Be active in taking responsibility in supporting project, migrations, etc
• Assist in semi-annual & annual audits
• Coordinate On -The-Job training for staff members and assist the Manager with staff development and succession planning

What we value

These skills will help you succeed in this role

• Excellent communication skills
• Creative problem-solving skills and analysis skills to help build solutions.
• Initiative, self-motivation and the ability to work independently
• Be a team player yet display a culture of individual ownership of tasks

Education & Preferred Qualifications

• Bachelor’s degree in a relevant field of study.
• 3+ years of fund accounting experience with GL double entry expertise a strong preference
• PC Skills – Microsoft products (Word, Excel, Powerpoint, etc)
• Preferred experience with Alternative Investment Asset Classes, complex fund structures and fee calculations desired
• Preferred experience with ISS and Geneva applications
• Strong time management skills with the ability to priorities under pressure; adapt to work under given timeline;
• Strong problem solving and analytical skills;
• Detail-oriented, owner’s mindset, logical thinking, strong learning ability, sense of responsibility and team work are required;
• Good interpersonal skill and team spirit; effective communication, organizational and negotiation skills;
• Self-motivated, creative and efficient in finding solutions to complex, time-critical problems and strong analytical ability.

Why you should join us

• Generous holiday entitlements, including additional Birthday Day Off and Paid Volunteer Days
• Supportive and encouraged hybrid work-life balance
• Expansive inclusion, diversity and equity programme
• Private medical insurance, health screenings, flu vaccinations and eye testing
• Employee wellbeing and mental health support programme
• Parental and caretaker support
• Attractive pension plan
• Life assurance and long-term disability support
• Multiple local community volunteering opportunities
• Profit sharing scheme

As Our Fund Accounting Senior Associate you will be responsible for the following:

• Review daily cash, position and market value reconciliations
• Ensuring the portfolio is accurately priced daily in adherence to the clients Price Source Agreement and Governing Docs
• Work closely with our colleagues in each of our hub locations, reviewing the output from the fund accountants in those locations
• Actively assist in the Dealing Date accounting process - providing reporting of the highest quality and accuracy in a timely manner to meet the needs of our client
• Manage workflow, ensuring procedures are up-to-date, providing training to strengthen technical skills, coupled with furthering the soft skills within your team
• Work on complex financial instruments such as equities, fixed income, futures options and swaps
• Work on Income distributions and ADL
• Be able to professionally resolve the issues and provide help to colleagues, confidently and efficiently communicate with home site
• Monitor the deliverables, ensuring the accuracy and timeliness of deliverables; be able to flexibly arrange work among the team
• Update and maintain procedures for all tasks/activities and work with the Manager to ensure all corporate compliance, risk policies and SOP’s are adhered to by the team
• Be accountable for all the assigned tasks, resolve complex issues and escalate as needed acting with a sense of urgency to meet required deliverables
• Build a collaborative relationship with inter-departmental contacts
• Assist Manager in making enhancements to the daily operating model; Be active in taking responsibility in supporting project, migrations, etc
• Assist in semi-annual & annual audits
• Coordinate On -The-Job training for staff members and assist the Manager with staff development and succession plannin

These skills will help you succeed in this role

• Excellent communication skills
• Creative problem-solving skills and analysis skills to help build solutions.
• Initiative, self-motivation and the ability to work independently
• Be a team player yet display a culture of individual ownership of task