Fund Accounting & Administration, Assistant Vice President

About the role

State Street is looking for a Fund Accounting & Administration Assistant Vice President in its Private Equity Fund Services Business Unit, reporting directly to the Fund Accounting & Administration Vice President. The role manages client relationships and directs the overall accounting and administration for several client-sponsored funds, within the Alternatives Fund Accounting function.

Key responsibilities

• Manage day-to-day communications with clients' investment professionals, investors, attorneys, auditors, bankers and others
• Review investment fund legal documents, including partnership allocations and distribution waterfalls
• Oversee NAV, review accounting and tax work papers, NAV packs, financial statements and reports for one or more clients
• Coordinate annual audits and tax returns with Big 4 firms, including fee negotiation or review
• Supervise subordinate staff and coordinate portfolio valuation discussions with clients
• Develop and implement training for accounting staff and management, and liaise with investor communications, financial reporting and tax groups
• Help develop accounting policies and procedures, and review and approve transactions
• Ensure client deadlines are met and regulatory filings (RCS, BCL, CSSF) are completed
• Assist with GAAP and other technical accounting pronouncements, manage special client and corporate projects, and represent State Street at client meetings and industry events
• Take part in performance planning, goal setting and formal appraisals

Required profile

• College degree (accounting strongly preferred; business, mathematics, finance or economics required)
• Substantially finalised postgraduate qualification in accounting or advanced in a process
• Minimum 10 years' experience in the financial sector, preferably in Luxembourg private markets
• Previous fund accounting experience, including managerial experience, and auditing experience or direct entry from business
• ACCAs or CFA qualification is an advantage

Required skills

• Experience with fund accounting systems such as Investran or Geneva
• Knowledge of regulatory reporting and filing (RCS, BCL, CSSF)
• Working experience of different GAAP (Luxembourg GAAP, IFRS, US GAAP)
• Excellent MS Office skills (Word, Excel, PowerPoint) and strong written and verbal communication