Fund Accounting & Administration, Sr Associate

Recruiter
State Street.
Location
Boston, Massachusetts
Salary
Not disclosed
Posted
29 Jul 2021
Closes
29 Aug 2021
Ref
R-670258
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Responsibilities

  • Review and/or prepare daily position and cash reconciliations.
  • Research and resolve discrepancies.
  • Review and process general ledger journal entries.
  • Review capital calls and distribution allocation schedules in accordance with fund documents.
  • Maintain general ledger, including preparation and update of system generated reports and statements.
  • Review financial work papers including, but not limited to, portfolio schedules, accrual work papers and partners’ capital allocations and capital statements.
  • During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
  • Interacts with internal and external auditors providing requested information to specific inquiries as needed.
  • Prepare, process and monitoring USD and non-USD cash movement to ensure proper and timely settlement.
  • Maintain electronic and hard copy client files on a daily basis and archiving as necessary.
  • Prepare various client correspondence and related ad hoc correspondence.
  • Assist in training fund accountants.
  • Participate in special client or internal projects as required.

Qualifications

  • Candidates must have a college degree in business, mathematics, finance or economics preferred, accounting concentration is a plus
  • 3-5 years of previous financial services experience
  • Advanced MS Excel skills
  • Experience with Investran is desirable, but not required
  • Specific experience in the Private Equity industry is a plus

For further information, and to apply, please visit our website via the “Apply” button below.

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