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State Street

Alternative Ops Fund Accounting, Officer

Early Applicant
  • 21 days ago
  • Be among the first 50 applicants

Job Description

Who We Are Looking For

This is a senior level management role within the Hedge Funds Services Business Unit of the State Street Alternative Investment Solutions Group. The position interacts with all levels of professionals both internally and externally and with senior level executives of State Street. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate strong initiative, be able to perform well under pressure and be capable of managing multiple and diverse assignments. Theposition is responsible for managing departments experiencing significant growth. (PE FA background are also welcomed).

What You Will Be Responsible For

  • Provide overall direction to team of staff to assure synchronized teamwork that accomplishes yearly and quarterly financial and operations goals and objectives.
  • Responsible for development and execution of overall business plans both internally and in partnership with clients.
  • Manage relationships with clients at appropriate levels to ensure continued confidence in State Street.
  • Manage relationships with key client contacts ensuring expectations are met and client satisfaction with the level of service received.
  • Ensure process and procedures are adequate to meet quality standards and are consistently applied and regularly reviewed within department.
  • Responsible for the direction and training of subordinate managers and staff. Address employee concerns and sensitivities.
  • Review and approve NAV files in accordance with established policies and procedures.
  • Provide support for and effectively communicate broad overall company initiatives and goals to staff within span of control.
  • Responsible for developing department budget and staffing projections. Completes staffing proposals for newly awarded business.
  • Monitors and approves department expenses.
  • Assess operational effectiveness and make suggestions to streamline functions.
  • Develop ideas for new products and services to expand business opportunities and better meet client needs.
  • Participates in new business process including review of proposals, prospect presentations, staffing allocations, etc.
  • Represent the organization internally and externally as a senior level executive of State Street.
  • Meet all requirements for the performance planning process including goal setting, regular and immediate feedback and submission of formalized performance appraisals.
  • Allocates and coordinates resources including staff allocation, space and procurement of necessary equipment.
  • Spearhead special projects and serve on committees and task force assignments.
  • Provide leadership in areas outside of the division

Education & Preferred Qualifications


  • Candidate must have a university degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 7 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required.
  • Experience in the Hedge Funds and Fund of Funds is required.
  • Strong computer skills are required, especially Microsoft Office, particularly MS Excel.

State Street's Speak Up Line

Job ID: R-760972

More Info

Industry:Other

Job Type:Permanent Job

Skills Required

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Date Posted: 03/11/2024

Job ID: 99048591

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Last Updated: 23-11-2024 07:31:35 PM
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