Über diese Alternative Ops Fund Accounting, Senior Associate Stelle bei State Street
Who we are looking for:
The Senior Associate - FLM is responsible for performing and reviewing key fund accounting activities, including investment transaction processing, reconciliations, NAV package preparation, and other cyclical fund accounting deliverables. The role acts as the primary owner of assigned funds, ensuring the timely and accurate delivery of client reporting and operational requirements. The FLM provides coaching and support to junior team members, assists the Manager with staff development and performance management, resolves complex operational issues, and works closely with management to maintain a strong control environment and achieve business objectives.
Why this role is important to us:
The team you will join is part of Alternative Investment Solutions (AIS), a recognized industry-leading provider of fund accounting, fund administration, and risk services to private equity, private credit, real estate, hedge fund, and other alternative investment clients. Our services are fully integrated to provide comprehensive end-to-end solutions across front, middle and back office operations.
Our team is responsible for the portfolio investment and net asset value data for complex Private Credit Funds, delivering customized service solutions for the investment funds that have open or closed end structures and a variety of portfolio investments.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for:
As Senior Associate – FLM, you will:
- Prepare and review journal entries, reconciliations, and key fund accounting deliverables.
- Perform analytic review of complex NAV packages, financial reports, and investor reporting deliverables.
- Review work prepared by junior team members and provide coaching, training, and development support.
- Act as the primary fund owner for assigned funds, taking ownership of deliverables and ensuring timely completion through effective issue resolution and escalation of complex matters as needed.
- Collaborate with upstream/downstream teams, auditors, and other stakeholders to support service delivery and client requirements.
- Strengthen the control environment by overseeing procedural governance, risk controls, and compliance with corporate policies and SOPs.
- Own operating model enhancement projects, as well as new business onboarding, migrations, and process improvement initiatives.
- Partner with the Manager on staff development, performance management, and succession planning, while leading training and knowledge-sharing initiatives to build team capability.
What we value:
These skills will help you succeed in this role:
- Strong analytical, problem-solving, and decision-making skills.
- Good communication skills and a collaborative, team-oriented mindset.
- Strong attention to detail and time management skills, with the ability to prioritize competing demands and meet deadlines in a fast-paced environment.
- Self-motivated, proactive, and resourceful, with the ability to identify and implement solutions to complex, time-sensitive challenges.
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Education & Preferred Qualifications:
- Bachelor's degree in accounting, finance, business, or a related field.
- Minimum 4 years of fund accounting or related experience.
- Advanced MS Excel skills.
- Experience in Private Equity/Private Credit fund accounting and exposure to investment/portfolio accounting platforms is preferred.
- Ability to communicate effectively in English, both verbally and in writing.
- Professional qualifications such as CPA, ACCA or CFA are a plus.
About State Street
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.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, 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.
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