State Street
Hedge Fund Accounting and Administration, Senior Associate
State Street, Sacramento, California, United States, 95828
Overview
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Hedge Fund Accounting and Administration, Senior Associate
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State Street . Hedge Fund Accounting and Administration, Senior Associate Based in Sacramento, CA. What You Will Be Responsible For
Validate and review all daily activity while maintaining all required controls Calculate and process fund activities, e.g. support the production of NAV, SEC yields, distributions, corporate actions, etc. and prepare proofs as needed Support the review and validation of data as needed, e.g. fund NAV, as well as distribute information to Shared Services and Client Operations teams Research and resolve exceptions and issues Receive and resolve inquiries in a timely and accurate manner and communicate effectively with client when necessary Define and ensure successful completion of ad-hoc requests Escalate unresolved issues to management as required Reconcile and resolve discrepancies with other teams as needed Ensure appropriate records of daily and monthly activities are kept Perform daily or weekly reporting functions for the team’s activities Ensure adherence to Standard Operating Procedures Keep up to date on broader internal/external business issues; apply knowledge across team Assist management in the implementation of new policies and procedures, participate in projects Assist with workflow management and technology enhancements, make suggestions to streamline operations Maintain knowledge of current alternative procedures and processes Support training of new hires as necessary Identify unusual or potentially suspicious transaction activity and report/escalate in accordance with corporate policy Perform duties of Associates and provide back-up management support if required Perform other duties as assigned What We Value
Exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Education & Preferred Qualifications
Bachelor’s degree in Accounting or Finance Minimum 3 years of experience in the financial services industry preferably within a hedge fund accounting role Complex allocation knowledge required Advent Geneva experience required Demonstrate an understanding of fund level profit & loss characteristics and its implications on investor allocations for various complex fund structures. Proficiency in Microsoft Outlook & Excel is required Strong interpersonal skills, highly effective communication and organization skills Ability to thrive and function in a deadline driven environment Ability to understand and troubleshoot complex fund accounting problems and use analytical skills to resolve issues in a timely manner Salary Range
$52,000 - $94,120 Annual 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. Job ID: R-778173 Location
Sacramento, CA
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Join to apply for the
Hedge Fund Accounting and Administration, Senior Associate
role at
State Street . Hedge Fund Accounting and Administration, Senior Associate Based in Sacramento, CA. What You Will Be Responsible For
Validate and review all daily activity while maintaining all required controls Calculate and process fund activities, e.g. support the production of NAV, SEC yields, distributions, corporate actions, etc. and prepare proofs as needed Support the review and validation of data as needed, e.g. fund NAV, as well as distribute information to Shared Services and Client Operations teams Research and resolve exceptions and issues Receive and resolve inquiries in a timely and accurate manner and communicate effectively with client when necessary Define and ensure successful completion of ad-hoc requests Escalate unresolved issues to management as required Reconcile and resolve discrepancies with other teams as needed Ensure appropriate records of daily and monthly activities are kept Perform daily or weekly reporting functions for the team’s activities Ensure adherence to Standard Operating Procedures Keep up to date on broader internal/external business issues; apply knowledge across team Assist management in the implementation of new policies and procedures, participate in projects Assist with workflow management and technology enhancements, make suggestions to streamline operations Maintain knowledge of current alternative procedures and processes Support training of new hires as necessary Identify unusual or potentially suspicious transaction activity and report/escalate in accordance with corporate policy Perform duties of Associates and provide back-up management support if required Perform other duties as assigned What We Value
Exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Education & Preferred Qualifications
Bachelor’s degree in Accounting or Finance Minimum 3 years of experience in the financial services industry preferably within a hedge fund accounting role Complex allocation knowledge required Advent Geneva experience required Demonstrate an understanding of fund level profit & loss characteristics and its implications on investor allocations for various complex fund structures. Proficiency in Microsoft Outlook & Excel is required Strong interpersonal skills, highly effective communication and organization skills Ability to thrive and function in a deadline driven environment Ability to understand and troubleshoot complex fund accounting problems and use analytical skills to resolve issues in a timely manner Salary Range
$52,000 - $94,120 Annual 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. Job ID: R-778173 Location
Sacramento, CA
#J-18808-Ljbffr