Fund Accounting

Job Description

Key Responsibilities

o Manage day-to-day communications with contacts of several clients, including investment professionals, client personnel, investors, attorneys, auditors, bankers, etc

o Direct and/or indirect management and supervision of all subordinate staff levels

o Coordinate discussion and documentation of portfolio investment valuations with clients, as necessary

o Full review of accounting and tax work paper packages, financial statements and other reports and communications for one or more clients

o Coordinate and manage annual audit and tax return preparation with Big 4 accounting firms, including negotiation or review of fees, as necessary

o Thorough review and understanding of investment fund legal documents, including complete understanding of partnership allocations and distribution waterfalls

o Ensure the development and implementation of training for all levels of accounting staff and management

o Coordinate and liaise with other operating groups (investor communications, financial reporting, tax, etc) to ensure effective communication among operating groups

o Assist with development and implementation of accounting policies and procedures

o Review and approve all transactions (money movement, trades, etc.) in accordance with established guidelines

o Ensure client deadlines are met, oversee regulatory reporting (RCS, BCL, CSSF etc).

o Assist with execution and implementation of financial accounting standards and other technical accounting pronouncements, as necessary

o Represent State Street at periodic client meetings, present and discuss business results and initiatives

o Participate in industry sponsored trade shows, seminars and other events.

o Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals

o Coordinate and manage special client and corporate projects

Qualifications, skills and experience

o Minimum 10 year’s experience in financial sector, preferable in alternatives.

o Additional professional qualification as ACCA or CFA is of advantage

o Working experience of different GAAPs (Lux GAAP, IFRS, US GAAP)

o Practical experience with accounting systems such as Investran, Geneva, etc

o Good understanding of alternative investment product range

o Knowledge with regulatory filing requirements (RCS, BCL, CSSF etc)

o Successfully finalized post graduate qualification in accounting or advanced in a process

o Substantial previous fund accounting experience, including managerial experience

o Previous auditing experience and / or coming directly from business

o Excellent administrative, organizational and business support skills, with the ability to juggle priorities and to work calmly under pressure

o Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint

o Strong written & verbal communication skills

o Possess excellent organizational, planning and co-ordination skills.

o Ability to work accurately to tight deadlines

o Proactive and able to work independently and as part of a team

o Person bringing a positive and inclusive spirit into the team is welcome and required

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.

State Street is an equal opportunity and affirmative action employer.