Fund Accounting & Administration Senior Associate

Responsibilities

• Direct day-to-day accounting and administration for client-sponsored investment funds
• Validate and review daily activity while maintaining all required controls
• Calculate and process fund activities including NAV production, SEC yields, distributions, and corporate actions
• Research and resolve accounting exceptions, discrepancies, and inquiries
• Ensure adherence to Standard Operating Procedures and maintain accurate records of daily and monthly activities
• Assist management with workflow management, technology enhancements, and the implementation of new policies
• Support the training of new hires and provide backup management support as required

Requirements

• Bachelor’s degree in Accounting or Finance
• Minimum 3 years of experience in the financial services industry
• Proficiency in Microsoft Excel and Outlook
• Strong interpersonal, communication, and organizational skills
• Ability to thrive in a deadline-driven environment and troubleshoot complex accounting problems

Preferred Qualifications

• Experience in a hedge fund accounting role
• Hands-on experience with Advent Geneva
• Deep knowledge of complex allocations
• Understanding of fund-level profit & loss characteristics and their implications on investor allocations for complex fund structures

Benefits

• Retirement savings plan (401K) with company match
• Comprehensive insurance coverage including medical, dental, vision, life, and long-term disability
• Paid time off including vacation, sick leave, and family care responsibilities
• Incentive compensation eligibility for annual performance-based awards
• Access to Employee Assistance Programs and tax-advantaged savings plans

About the Company

State Street is a global leader in financial services, helping institutional investors manage risk, respond to challenges, and drive performance. We are committed to fostering an inclusive environment where employees are empowered to reach their full potential through professional development and vibrant employee networks.