Senior Associate - Financial Reporting (AIS)

About the role

As part of its business expansion in Luxembourg, State Street is looking for an experienced Financial Reporting professional to join its AIS Financial Reporting team. The role reviews annual and semi-annual financial statements and monthly and quarterly reports for Alternative Structures (private equity, real estate, debt funds) and hedge funds under Lux GAAP, US GAAP and IFRS. Working under the Unit Head, the Senior Associate guides the outsourced hubs and ensures quality deliverables are sent to clients.

Key responsibilities

• Communicate efficiently with other departments such as fund accounting, depositary and transfer agency, and optimise data feeds and troubleshoot issues.
• Review financial statements technically in line with relevant GAAP requirements for alternative investment structures.
• Coordinate comments on financial statement drafts from internal and external parties.
• Research and resolve errors so they do not recur, and contribute to team deliverables accurately and on time.
• Identify workflow weaknesses and propose improvements, and take part in project activities such as client on-boarding, milestone planning and ad-hoc projects.
• Manage the assigned client base and improve processes through automation, setup and scalability.

Required profile

• Bachelor's or university degree in Accounting, Finance or a related field.
• Minimum 5 years of experience in accounting, audit and/or financial and regulatory reporting within the funds industry.
• Knowledge of alternative structures (private equity, real estate, debt funds) and hedge funds, and of Lux GAAP, US GAAP and IFRS reporting.
• Preferred: a professional qualification such as ACCA, ACA or CPA, or progress toward one.

Required skills

• Analytical skills and attention to detail.
• Stakeholder management and communication skills.
• Ability to guide and support junior colleagues and hubs.
• Organizational and time-management skills, with a continuous-improvement mindset.