State Street Corporation is seeking a Senior Manager for Alternative Ops Fund Accounting, responsible for overseeing day-to-day accounting for hedge funds and ensuring adherence to operational standards. The ideal candidate will have extensive experience in fund accounting, exceptional communication skills, and a strong understanding of financial instruments
Job Summary
The team you will be joining Alternative Investment Solutions is a recognized industry-leading provider of fund accounting, fund administration and risk services to hedge funds and private equity funds.
Manages the day-to-day activities and controls to ensure consistency of policies adherence to procedures.
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.
Matching Summary
Match Score: 85
State Street Corporation is seeking a Senior Manager for Alternative Ops Fund Accounting, responsible for overseeing day-to-day accounting for hedge funds and ensuring adherence to operational standards. The ideal candidate will have extensive experience in fund accounting, exceptional communication skills, and a strong understanding of financial instruments.
Skills & Requirements
Must-have
Calculate and validate Net Asset Value (NAV)
Reconcile and review cash and portfolio positions
Validate PnL statement and market values
Review and validate partner/shareholder allocation calculations
Manage day-to-day accounting and administration for investment funds
Hedge Fund accounting experience
Nice-to-have
Exceptional interpersonal and communication skills
Demonstrate initiative and perform well under pressure
Ability to bring individuals from multiple areas together
Drive pay for performance and culture of performance differentiation
Key Requirements
15+ years total experience
Minimum of 8 years in fund accounting with supervisory capacity
Bachelor’s degree in commerce / economics with a specialization in Business, Accounting, Finance or equivalent experience
Highly proficient with Microsoft Office Products (Excel, Word)
Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts and Credit Default Swaps (CDS)
Knowledge of Corporate Actions, Income & Expense accruals, SEC Yields, Distributions, NAV calculations