Fund Accounting & Administration, Officer

The officer role is available in the Fund Accounting and Administration business unit of the State Street Alternative Investment Services Group.

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 Officer you will:

• Direct and indirect management/supervision of Fund Accounting staff
• Supervise and review the work performed by Fund Accounting staff, in Ireland and other locations as applicable
• Manage internal workflows to ensure internal and client deadlines are met
• Manage expectations with client contacts
• Prepare and/or review investor capital call and distribution calculations; including the review of investor notices
• Prepare and/or review periodic bank and cash reconciliations and post journal entries
• Prepare and/or review quarterly management fee calculations, and other Fund calculations as applicable
• Prepare and/or review client related correspondence
• Coordinate annual audit with Fund Auditors
• Prepare and/or review Fund Waterfall calculations and Partner Capital Account allocations
• Review Fund governing documents, including Limited Partnership Agreements and Offering Memoranda, to ensure consistency with accounting procedures and calculations in use
• Establish and maintain working relationships with key client contacts, including investment professionals, investors, auditors, lawyers and banking personnel
• Participate in ad-hoc client/internal projects as required
• Participate in the development, testing and implementation of new systems and products
• Coordinate client deliverables, both with clients and internally, such as financial statements, capital calls and distribution notices
• Assist team in ensuring all accounting procedures and calculations are consistent with governing documents
• Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals. Ensure adherence to internal policies and procedures
• Ensure adherence to internal policies and procedures
• Assist with planning and management of ah-hoc client and corporate project work
• Co-ordinate and implement training and development activities across the team
• Manage absences, time keeping and holiday/cover arrangements within the teams
• Set and maintain standards of personal and professional performance and behavior; ensuring staff accountability and adherence to company policies and procedures
• Schedule and conduct team meetings
• Provide coaching, guidance and support to staff on technical, professional and client issues
• Manage the administration billing process
• Review and delivery of client KPIs

What we value:

These skills will help you succeed in this role:

• Strong critical thinking
• Decision making
• Attention to detail
• Working in a team environment

Education & Preferred Qualifications:

• Minimum 5 years relevant experience
• Accounting background is preferable

Additional requirements:

• Partial remote working available

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.