Fund Accounting & Administration, Associate 2

Job Description

Who we are looking for

We are looking for bright, enthusiastic and hard-working individuals with a keen interest in learning about and accounting for complex investment transactions and structures in a dynamic, challenging and fast-paced work environment.

Your success will be facilitated by the leading-edge technology infrastructure supported by well-developed procedures and controls.

We offer you a challenging career in a rapidly expanding international company with a professional, yet casual, work environment.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions.

From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As a Fund Accounting Associate 2 you will

Complete the daily processing and monitoring of fund activities

Prepare / Review periodic bank and cash reconciliations and post journal entries

Prepare fund trial balances and supporting workpapers.

Assist in managing internal workflow to ensure internal processing and client deadlines are met

Work with other services departments to resolve errors / issues or to reconcile discrepancies;

Establish and maintain good working relationships with internal clients and colleague

Ensure all processes are in line with the SLA and escalate if necessary

Participate in special client or internal projects as required

Assist in new business setup and conversions;

During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and / or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

• Ensure standard procedures and controls are adhered to;
• Initiate, propose and implement improvements to enhance efficiencies and accuracy when see fit;
• Liaise with investment managers, auditors and banks;

Ongoing personal education and development by attendance of State Street training sessions

What we value

These skills will help you succeed in this role

Excellent communication and interpersonal skills

Team player and collaborative

Strong attention to detail and accuracy and organized

Strong analytical skills and proactive approach to problem solving

Strong work ethic flexible, adaptable and ability to work within deadlines

Self-motivated with a passion for learning and growth

Education & Preferred Qualifications

College diploma or university degree with concentration in Accounting, Finance or Economics

Working knowledge of Microsoft Excel / Word (knowledge of Bloomberg a plus)

Overtime may be required

Additional requirements

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

Salary Range : $43,680 - $62,400 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.