Fund Accounting & Administration, Senior Associate

Recruiter
State Street
Location
Luxembourg
Salary
Not disclosed
Posted
03 Mar 2021
Closes
03 Apr 2021
Ref
R-659720
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant
Why this role is important to us

Reporting to an officer, the senior associate is responsible for ensuring team compliance with operating policies, procedures and guidelines in the timely completion of accurate Net Asset Valuations (NAV). They are also responsible for team development, staff management and enhancing client satisfaction within a Private Equity Fund Accounting department.

Key Responsibilities:

  • Take responsibility for the quality of service delivered to assigned clients, review work performed by less senior team members / review of outsourced activities or complete it on your own
  • Perform and/or monitor quality and internal controls for all team deliverables
  • Manage and complete client initialization and transition
  • Maintain managerial oversight of all operations conducted by the Fund Group in Poland or Ireland (due to multi location exposure).
  • Plan and manage the daily processes and the effective utilisation of resources supporting the AVP
  • Identify issues and problems in service delivery and carry out necessary corrective action, keeping team and officer informed of issue. Record the issue in an issues log and track progress
  • Ensure that Key Performance Indicators are produced and dispatched as required
  • Review corporate documentation on processes, procedures and controls and evaluate the continuing effectiveness of these and related systems, initiating remedial action as necessary. Ensure documentation exists for any client-specific procedures, person having strong analytical skills
  • Monitor errors, complaints and potential breaches. Record as appropriate in the Errors log
  • Ensure adherence to internal policies and procedures
  • Manage absences, time keeping and holiday/cover arrangements within the teams
  • Ensure contingency plans exist for the work of the team and where necessary contribute to the business continuity plans and tests
  • Assist with planning and management of all relevant project work
  • Conduct regular and structured team meetings ensuring action points are followed up
  • Establish and maintain good working relationships with clients, third parties and colleagues, communicating effectively through formalised reporting and ad hoc liaison. 
  • Assume responsibility for the implementation of client specific Fund Accounting projects (new business development review, planning & roll out)
Qualifications, skills and experience

  • Several years’ experience in fund accounting and / or real estate gained in audit or client environment
  • Knowledge of alternative investment funds in Luxembourg
  • Strong numerical, analytical and problem resolution skills, attention to details
  • Ability to work under pressure and to tight deadlines
  • Highly computer literate (Word, Excel, Power Point, knowledge of macros well seen)
  • Excellent communicator with strong interpersonal skills
  • Demonstrated managerial and leadership skills
  • Ability to build, train and manage effective teams
  • Primary Degree or a Professional or Accounting qualification or equivalent
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.

Similar jobs

More searches like this

Similar jobs