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State Street3 days ago

Fund Accounting & Administration, Senior Associate

$58,240–$92,560 year

On-site · Boston, Massachusetts, United States or Princeton, New Jersey, United States

Type
Full Time
Level
Senior Level
Education
Bachelors Degree
Company size
Unknown

Job Summary

Fund Administration, Senior Associate responsible for day-to-day accounting and administration for several client-sponsored investment funds. Typical duties include validating and reviewing daily activity, calculating and processing fund activities (e.g., NAV, SEC yields, distributions, corporate actions), supporting data validation, researching and resolving exceptions, handling inquiries from clients, defining and completing ad-hoc requests, escalating unresolved issues, reconciling discrepancies, and generating daily/weekly reporting. The role emphasizes adherence to SOPs, collaboration with Shared Services and Client Operations, participation in projects and process improvements, and training new hires, with a focus on strong interpersonal and communication skills under a deadline-driven environment.

Required Qualifications

  • Bachelor’s degree in Accounting or Finance
  • Minimum 3 years of experience in the financial services industry preferably within a hedge fund accounting role
  • Understanding of fund level profit & loss characteristics and implications on investor allocations for various complex fund structures
  • Proficiency in Microsoft Outlook & Excel
  • Strong interpersonal skills, highly effective communication and organization skills
  • Ability to thrive in a deadline-driven environment
  • Ability to troubleshoot complex fund accounting problems and use analytical skills to resolve issues in a timely manner
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$58k – $93k / yr

Fund Accounting & Administration, Senior Associate · State Street

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