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Fund Accounting - Senior Associate

State Street Corporation
Not Specified
Not Specified

Job Description


RESPONSIBILITIES:
.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
.Assist and train others in your team with their NAV calculation and problem resolution
.Design and implement operational efficiencies
.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
.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
.Lead/assist with month-end close process
.Lead/assist with enquiries related to the annual audit
.Lead/assist with periodic financial reporting for Hedge Funds (i.e. Statement of Assets and Liabilities and Statement of Profit and Loss)
.Lead/assist with preparing other ad hoc financial reports as required
.Review and understand the fund's offering memorandum and verify that the offering memorandum agrees to fund set up and ensure that ongoing operations adhere to offering memorandum details

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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