Senior Associate, Fund Accounting (Hedge Funds)

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
• Post and review accounting entries to the general ledger and validate PnL statements
• Review and validate partner/shareholder allocation calculations, including management and incentive fees
• Manage day-to-day activities and controls to ensure adherence to policies and procedures
• Identify and analyze operational risks and recommend procedural changes or controls
• Provide training, counsel, and performance reviews for team members
• Coordinate projects with Shared Services, COEs, and Client Operations teams

Requirements

• Bachelor’s Degree in Commerce, Economics, Finance, or a related field
• Prior experience in Hedge Fund accounting
• Proficiency in Microsoft Excel and Word
• Experience with trading instruments such as Equities, Options, Bonds, Futures, Swaps, and FX
• Strong knowledge of Corporate Actions, income/expense accruals, and NAV calculations
• Proven skills in General Ledger analysis and reconciliation

Preferred Qualifications

• Demonstrated managerial, leadership, and decision-making abilities
• Strong interpersonal, communication, and analytical skills
• Ability to resolve complex issues by collaborating across multiple functional areas

About the Company

State Street is a global leader that helps 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 development opportunities and a culture of excellence.