Job Description

Who we are looking for:

A candidate who is required to solve problems and work within a team environment of other Fund Accountants.  Achieving quality of service is a team effort and the  Fund Accountant needs to function at all times as a team player and ensure that other members of the team do so. Performs daily fund accounting activities in accordance with generally accepted accounting procedures, such as, maintenance of the general ledger and preparation of various accounting statements and financial reports.

Familiar with a variety of general accounting concepts practices and procedures.

Bachelor’s degree with 2-3 years’ experience is preferred but will accept strong new graduates.

Generally, reports to Supervisor or Manager.

Finance or Accounting background accepted.

What you will be responsible for:

As Fund Accountant you will:

Preparation of daily cash, position and market value reconciliations including trade capture and pricing

Assist in the Dealing Date accounting process

Assist in reviewing and resolving reconciliations of portfolio cash and security accounts

Opportunity to work on corporate actions, equities, fixed income, futures, options and swaps and complex financial instruments

Assist in semi-annual and annual audit process

Handle more complex tasks

Provide advice and serve as a point of reference for queries from junior fund accountants

During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

Foreign holiday schedule

Flexibility to work late

Proficiency in MS Excel

Knowledge of financial products preferred

Problem solving skills.

What we value:

These skills will help you succeed in this role:

Highly numerate

IT Literate

Strong verbal and written communication skills

Strong analytical skills

Ability to perform effectively within strict client deadlines

Education & Preferred Qualifications:

Degree in Accounting or Finance or Business-related area

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 in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

Salary Range:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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