Fund Accounting and Administration, Assistant Vice President

Who we are looking for

This managerial position is within the Private Equity Fund Services Business Unit of the State Street Alternative Investment Solutions Group. The position interacts with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. The position is responsible for managing client relationships and managing and directing the overall accounting and administration for several client sponsored.

Why this role is important to us

The team you will be joining is a part of Sate Street Alternative Investment Fund Administration services, a function that is vital to the company as it plays a key role in maintaining client confidence and regulatory compliance through expert oversight of financial accounting and fund operations. This position directly contributes to our mission of providing tailored, high – value administrative solutions to the alternative investment clients.

What you will be responsible for

As a Fund Accounting & Administration, Assistant Vice President, you will :

Manage day-to-day communications with contacts of several clients, including investment professionals, client personnel, investors, attorneys, auditors, bankers, etc

Direct and / or indirect management and supervision of all subordinate staff levels

Coordinate discussion and documentation of portfolio investment valuations with clients, as necessary

Full review of accounting and tax work paper packages, financial statements and other reports and communications for one or more clients

Coordinate and manage annual audit and tax return preparation with Big 4 accounting firms, including negotiation or review of fees, as necessary

Thorough review and understanding of investment fund legal documents, including complete understanding of partnership allocations and distribution waterfalls

Ensure the development and implementation of training for all levels of accounting staff and management

Coordinate and liaise with other operating groups (investor communications, financial reporting, tax, etc) to ensure effective communication among operating groups

Assist with development and implementation of SSPEFS accounting policies and procedures

Review and approve all transactions (money movement, trades, etc.) in accordance with established guidelines

Ensure client deadlines are met, perform regulatory filings RCS, BCL, CSSF etc.

Assist with execution and implementation of FASB and other technical accounting pronouncements, as necessary

Represent SSSL at periodic client meetings, present and discuss business results and initiatives

Participate in industry sponsored trade shows, seminars and other events.

Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals

Coordinate and manage special client and corporate projects

What we value

These skills will help you succeed in this role :

Practical experience with accounting systems Investran, Geneva, eFront, ect

Good understanding of alternative investment product range

Knowledge in performing regulatory filing RCS, BCL, CSSF ect

Successfully finalized post graduate qualification in accounting or advanced in a process.

Substantial previous fund accounting experience, including managerial experience

Previous auditing experience and / or coming directly from business

Excellent administrative, organizational and business support skills, with the ability to multi-task and to work calmly under pressure

Excellent working knowledge of MS Office suite including Word, Excel and PowerPoint

Strong written & verbal communication skills

Possess excellent organizational, planning and co-ordination skills.

Ability to work accurately to tight deadlines

Proactive and able to work independently and as part of a team

Person bringing a positive spirit into the team is welcome

Education & Preferred Qualifications

Candidates must have a college degree (accounting degree strongly preferred; business, mathematics, finance or economics degree required)

Minimum 10 year’s experience in financial sector, preferable in private equity or real estate

Additional professional qualification as ACCA or CFA is of advantage

Working experience of different GAAP (Lux GAAP, IFRS, US GAAP)

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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