Hedge Fund, Fund Accounting & Administration Senior Associate

Responsibilities

• Direct the day-to-day accounting and administration for several client-sponsored investment funds
• Validate and review all daily activity while maintaining required controls
• Calculate and process fund activities, including NAV production, SEC yields, distributions, and corporate actions
• Research and resolve accounting exceptions, discrepancies, and inquiries in a timely manner
• Ensure adherence to Standard Operating Procedures and maintain appropriate 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 analytical, organizational, and communication skills
• Ability to thrive in a deadline-driven environment and handle multiple assignments under pressure

Preferred Qualifications

• Previous experience in a hedge fund accounting role
• Deep understanding of fund-level profit and loss characteristics and their implications on investor allocations for complex fund structures
• Ability to troubleshoot complex fund accounting problems independently

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 various tax-advantaged savings plans

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 every employee is empowered to reach their full potential.