Alternative Ops Fund Accounting (Hedge) Manager

Responsibilities

• Calculate and validate daily, weekly, or monthly Net Asset Value (NAV) for assigned funds
• Reconcile and review daily cash and portfolio positions, including equities, bonds, swaps, options, and futures
• Manage day-to-day accounting activities, including general ledger entries and income/expense accruals
• Review and validate partner/shareholder allocation calculations, management fees, and incentive fees
• Supervise and train team members on NAV calculation and problem resolution
• Identify and analyze operational risks and implement procedural controls
• Manage stakeholder communications and ensure compliance with SLAs and SOPs
• Conduct periodic performance reviews and participate in the hiring and development of staff

Requirements

• Bachelor's Degree in Commerce, Economics, Finance, or a related field
• 10+ years of total professional experience
• Minimum of 5 years in fund accounting with direct supervisory experience
• Strong knowledge of trading instruments such as Equities, Options, Bonds, Futures, Swaps, and CDS
• Proven experience with NAV calculations and General Ledger analysis
• Proficiency in Microsoft Office, specifically Microsoft Excel

Preferred Qualifications

• Demonstrated leadership and decision-making abilities in a high-pressure environment
• Deep understanding of Corporate Actions, SEC Yields, and distributions
• Strong interpersonal and communication skills for managing global stakeholder groups

About the Company

State Street is a leading global provider of financial services to institutional investors. We help our clients manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential through development opportunities and a culture of excellence.