Job Description
A highly skilled Fund Accounting Officer is sought to join a dynamic team in a leading custodian bank and asset manager. The ideal candidate will have expertise in financial instruments, cash and position reconciliation, and NAV calculation.
Key Responsibilities:
- Product expertise on financial instruments such as equities, fixed income, futures options, Fx contracts, and swaps.
- Cash and position reconciliation hands-on preparation and review experience.
- Pricing of portfolio preparation - ensuring the portfolio is accurately priced daily/monthly in adherence to the clients' Price Source Agreement and Governing Docs.
- Preparation of Fund allocations with a background in various fund fee calculations.
- Preparation of End to End Hedge Fund NAV packs incorporating all aspects of the NAV calculation.
- Booking of corporate actions.
- Preparation of Income distributions and ADL calculations.
- Preparation of all KPI and Board Reporting Packs.
- Assist in the annual audits working directly with audit firms to support their audit fieldwork.
- Manage workflow, ensuring procedures are up to date, providing training to strengthen technical skills, coupled with furthering the soft skills within your team.
- Work closely with our colleagues in each of our hub locations, reviewing the output from the fund accountants in those locations.
- 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.
Requirements:
- 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.
- Bachelor's degree in a relevant field of study.
- 5+ years of fund accounting experience with GL double entry expertise.
- PC Skills – Microsoft products (Word, Excel, Power Point, etc).
- Preferred experience with Alternative Investment Asset Classes, complex fund structures, and fee calculations.
- Preferred experience with Investran, ISS, and Geneva applications.
- Strong time management skills with the ability to prioritize 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 teamwork are required.
- Good interpersonal skills and team spirit; effective communication, organizational, and negotiation skills.
About State Street:
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. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. We make all efforts to create a great work environment and offer a competitive and comprehensive benefits package, including generous medical care, insurance, and savings plans. Inclusion, diversity, and equity is our company-wide effort to ensure that every employee feels valued, inspired, and empowered to leverage their diverse experiences and identities.