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Hedge Fund Accounting & Administration Officer

State Street

Princeton, NJOn Site

Original Job Summary

Who We Are Looking For

The Hedge Fund Accounting & Administration Officer at State Street interacts with professionals at all levels, requiring exceptional interpersonal and communication skills. Candidates must demonstrate initiative, work well under pressure and handle multiple assignments simultaneously.

What You Will Be Responsible For

  • Manage day-to-day team activities, resources, and personnel issues.
  • Supervise subordinate staff including Associate 1, Associate 2, and Senior Associates.
  • Deliver high quality client service with appropriate KPIs.
  • Produce and review KPIs, acting as escalation point for operational issues.
  • Track queries and issues, ensuring timely resolution.
  • Maintain internal standards and ensure adherence to policies.
  • Create continuous improvement forums and support onboarding of new clients.
  • Communicate key messages effectively and foster staff engagement.
  • Develop and retain a leading workforce, providing coaching and SME training.
  • Assist with interviewing, hiring, promotions, disciplinary actions, and internal reporting.
  • Collaborate on projects and committees across local, regional, and global teams.

Additional Requirements

  • Bachelor of Science required; preferred in Accounting/Finance.
  • Minimum 5+ years in hedge fund accounting, fund accounting, hedge fund of fund, or audit experience.
  • Complex allocation knowledge required; good Excel knowledge preferred.
  • Geneva experience required.
  • Ability to coach, develop staff and deliver timely performance reviews.
  • Strong focus on risk and compliance management.

Salary Range

$75,000 - $127,500 Annual. The quoted range applies to the role in the primary location specified. Adjustments may apply based on final work location.

Job Application Disclosure

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Key skills/competency

  • hedge fund
  • accounting
  • administration
  • client service
  • KPI
  • risk
  • team management
  • Geneva
  • Excel
  • communication

How to Get Hired at State Street

🎯 Tips for Getting Hired

  • Customize your resume: Tailor experiences for hedge fund accounting roles.
  • Emphasize teamwork: Highlight leadership and communication skills.
  • Show technical expertise: Detail Excel, Geneva, and financial skills.
  • Prepare for interviews: Research State Street and role responsibilities.
  • Network effectively: Connect with current employees on LinkedIn.

📝 Interview Preparation Advice

Technical Preparation

Review advanced Excel formulas and functions.
Study Geneva software system basics.
Brush up on hedge fund accounting principles.
Understand internal compliance and risk frameworks.

Behavioral Questions

Explain team conflict resolution examples.
Describe handling high-pressure assignments.
Showcase effective communication experiences.
Discuss leadership in multi-task scenarios.