Alternative Investments Operations & Finance - Associate 2

Recruiter
State Street.
Location
Bangalore, India
Salary
Not disclosed
Posted
01 Mar 2021
Closes
15 Mar 2021
Ref
R-655817
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

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 Alternative Investments Operations & Finance - Associate 2 you will

  • Should be Proficient in Investment Accounting
  • Develop a strong understanding of Alternative investments operations and processes
  • Good to have in-depth knowledge of the various fund structures and Limited partnership agreements
  • Monitoring generic mailbox, transaction processing and reconciliations
  • Cash monitoring and accounting the Cash / noncash transactions in the Accounting ERP
  • Preparation of Wires in the internal tools
  • Set up new Investment/property in Front Invest ERP
  • Cash & positions reconciliations
  • Analyzing quarterly and annual capital account statements &financial statements
  • Support month/quarter end GL close
  • Performance monitoring and validation
  • Reporting (client & regulatory) and audit support
  • Good to have knowledge in Accounts Payable
  • Completing ad hoc analyses (Benchmark, valuation policies etc.) as requested

What we value

These skills will help you succeed in this role

  • Excellent communication and interpersonal skills with Long term commitment to the process.
  • A self-Starter with the capacity to work independently; must also be able to work as part of a close team and take directions from senior colleagues.
  • Experience in Front Invest and knowledge on Alternative investments is an added advantage

Education & Preferred Qualifications

  • Bachelor or master’s degree in Accounting & finance with 2 to 3 years of relevant experience
  • Intermediate knowledge of excel and PowerPoint (minimum requirement)
  • Excellent communication and interpersonal skills with Long term commitment to the process.
  • A self-Starter with the capacity to work independently; must also be able to work as part of a close team and take directions from senior colleagues.
  • Experience in Front Invest and knowledge on Alternative investments is an added advantage

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.