Fund Accounting & Administration - Sr. Associate

Fund Accounting & Administration - Sr. Associate

State Street Corporation
Not Specified
Not Specified

Job Description

Job Description
.Undertake the following, with a goal of 100% accuracy, timeliness and completeness:
.Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds
..Reconcile cash daily (no unresolved discrepancies)
.Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures and other evolving derivative instruments)
.Accrue income and expenses daily
.Analyze and validate traders profit and loss statement daily
.Analyze and validate position market values daily
.Post accounting entries to the general ledger daily
.take up the 1st level reviews of the work performed by the associates and snr associates in the team.
.act as an SME for the clients assigned to you
.interact with onshore counterparts and clients/3rd parties to manage the expectations successfully
.Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations
.Research and resolve differences between accounting and trade entry systems daily
.Ongoing education of leading hedge fund industry developments (review of written materials, discussions with customers and peers)
.Train new staff on existing procedures and controls and encourage all team members (subordinates, peers and superiors) to innovate

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It's also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You'll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us. As an Affirmative Action/Equal Opportunity Employer, we consider applications for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. For more information, for U.S. jobs only, please read our CEO Statement.

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