Alternative Ops Fund Accounting - Senior Manager

Who We Are Looking For

State Street is an industry leader in providing administrative fund services to both Hedge Fund and Private Equity managers within our Alternative Investment Solutions business group. Our PE team delivers customized service solutions for investment funds that have closed end structures and a variety of portfolio investments. This opportunity uniquely offers candidates the opportunity to service hybrid hedge and private equity products for industry leading asset managers. The PE NAV role is the hub in the delivery of administrative services. Employees interact daily with functional teams including; trade operations, investor services, custody, tax, and financial reporting locally and in globally diverse locations.

What You Will Be Responsible For

• Manage a growing team of financial services professionals in the preparation of Financial Reports which includes Statement of Assets and Liabilities, Statement of operations, Statement of Changes in Equity, Statement of Cash Flows, Schedule of Investments for Private Equity and Hedge Funds.
• Primarily responsible to deliver Financial Reports, financial highlights and others notes for private equity funds
• Validate the NAV, General Partners and Limited Partner’s capital commitments, and their contributions, distributions to the fund.
• Lead the onboarding of existing client funds and the launch of new funds.
• Demonstrate an unrelenting commitment to client satisfaction.
• Ensure adherence with internal policies and procedures and compliance with external governing regulations.
• Design and champion technology solutions to address the complex reporting and data requirements of clients.
• Proactively identify and participate in cross-sell opportunities.
• Participate in strategic working groups within the organization to improve processes and our operating model.
• Recruit, hire, train, motivate, and develop staff to realize their full
  

What We Value

These skills will help you succeed in this role

• Strong critical thinking, problem solving, and decision making skills
• Good interpersonal skills
• Attention to detail
• Effective time management
  

Education & Preferred Qualifications

• Bachelor’s degree in Accounting or Finance
• Minimum 12 year experience in alternatives with at least 6 to 8 years in Private Equity
• Experience with alternative investment asset classes, complex fund structures and fee calculations desired
• Highly effective communication and management skills
• Ability to thrive and function in a high pressure deadline driven environment
• CPA qualification or in pursuit of CPA
• Experience with Investran and / or valuation systems favourable but not required
  

About State Street

What we do.

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow.

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Job ID: R-776128