Hedge Fund Accounting Officer @ State Street
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About State Street
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. For over two centuries, they have helped clients safeguard and steward investments while delivering investment servicing, data & analytics, trading, and management to institutional clients.
Who We Are Looking For
We are searching for bright, enthusiastic and hard-working individuals interested in learning and accounting for complex investment transactions in a dynamic and fast-paced work environment. You will be supported by leading-edge technology, well-developed procedures, and controls in a professional yet casual work environment.
Role Importance
The Hedge Fund Accounting Officer role is essential for the State Street Alternatives operation. This team is known for providing integrated fund accounting, administration, and risk services to alternative investment fund managers, covering front-, middle- and back-office functions.
Responsibilities
- Deliver highest quality client service and manage KPIs.
- Perform final review on daily, weekly, and monthly NAV calculations.
- Act as escalation point for operational issues with technical expertise.
- Track queries and issues with detailed prioritization.
- Ensure activities meet internal standards and adhere to procedures.
- Create forums for continuous improvement and SME training.
- Assist with internal reporting and client change activities.
- Collaborate to resolve issues and implement cross-functional training.
What We Value
We value excellent communication, decisiveness, ambition, strong work ethic, adaptability, and a self-motivated can-do attitude with passion for learning and growth.
Education & Preferred Qualifications
- Minimum 2 years at management level in a hedge fund administration environment.
- Bachelor’s degree in Accounting, Finance, or Economics.
- Preferred professional designations include CFA, CGA, CMA, CAIA or Public Accounting experience.
- 5 years of experience with hedge fund administrators and 2 years supervisory experience.
Key Skills/Competency
Hedge Fund, Accounting, NAV, Client Service, Supervisory, Risk, Reporting, Compliance, Improvement, Collaboration
How to Get Hired at State Street
🎯 Tips for Getting Hired
- Customize Your Resume: Tailor your experience to hedge fund accounting.
- Highlight Technical Skills: Emphasize NAV calculations and reporting expertise.
- Research State Street: Understand their culture and global impact.
- Prepare for Behavioral Questions: Showcase leadership and communication.