Fund Expense Administrator, Associate 1
- Recruiter
- State Street
- Location
- Krakow, Poland
- Salary
- Not disclosed
- Posted
- 11 Sep 2020
- Closes
- 17 Sep 2020
- Ref
- R-649133
- Approved employers
- Approved employer
- Job role
- Fund accountant, Tax
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
Who we are looking for
Fund Expense Administrator is responsible for processing the fund expenses and all associated tasks, including collecting authorization, VAT calculations, expense allocation to the sub-funds, payments, reconciliation and reporting. He or she must ensure all invoices are processed in a timely (manner) and according to the standards and procedures set forth.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As Fund Expense Administrator you will
- Screen received invoices and determine entities / funds concerned, split method, need for currency conversion and applicable VAT treatment
- Instruction and follow up with concerned team for custody payments and cross sub-funds transfers.
- Instruction and follow up for execution of currency conversions
- Accounting processing of payments
- Custody vs Accounting reconciliation
- Follow up on rejected / returned payments
What we value
These skills will help you succeed in this role
- Determine whether VAT is applicable and calculate where necessary
- Contact the client to resolve VAT calculation issues
Education & Preferred Qualifications
- Maybe required to undertake the review of invoices and tasks prepared by other team members Accuracy and ability to work within tight deadlines.
We Offer:
- Premium life insurance package;
- Employee savings plan;
- VIP medical package;
- International operating environment;
- Language classes;
- Soft skills trainings;
- Technical workshops;
- Development sessions with a mentor;
- Diversity of opportunities across a range of challenging and highly complex activities;
- Technical or leadership career pathway
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
For further information, and to apply, please visit our website via the “Apply” button below.
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