State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management, and investment research and trading. With $33.99 trillion in assets under custody and administration and $2.81 trillion in assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East, and Asia.

Job Description

Responsibilities:

- Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds with a goal of 100% accuracy, timeliness, and completeness.

- Assist and train others in your team with their NAV calculation and problem resolution.

- Design and implement operational efficiencies.

- Reconcile cash daily with no unresolved discrepancies.

- Reconcile portfolio positions daily, including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments.

- Accrue income and expenses daily.

- Analyze and validate traders' profit and loss statements daily.

- Analyze and validate position market values daily.

- Post accounting entries to the general ledger daily.

- Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations.

- Research and resolve differences between accounting and trade entry systems daily.

Experience Requirements:

- Minimum of 2+ years of Fund Accounting experience.

- Knowledge of securities language and legal requirements.

- Good interpersonal and organizational skills.

- Some understanding of operational functions within Hedge/Mutual Fund Accounting.

Education Requirements:

- Novice to Competent with a Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.

- Proficient with Microsoft Office Products (Excel, Word).

- Comfortable working in Night shifts.

- Excellent communication, organization, interpersonal planning, and analytical skills.

- Deadline and detail oriented.

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