Fund Accounting Officer - Alternative Investment Solutions

About the role

A Fund Accounting Officer reporting directly to the Vice President, within the Alternative Investment Solutions (AIS) department of State Street in Luxembourg. The role directs and supervises fund accounting and administration for alternative investment clients, including alternative funds and private markets structures, ensuring precision, timeliness and adherence to internal controls while building strong client relationships.

Key responsibilities

• Oversee, monitor and review client deliverables to maintain quality standards, and plan and manage daily processes and resource use with the support of the AVP.
• Review work done by oversight teams or carry it out yourself, and lead fund operations for assigned entities from capital calls and bookkeeping checks through NAV pack verifications, investor reporting and audit coordination.
• Resolve service delivery issues, implement corrective actions and ensure KPIs are prepared and distributed on time.
• Review corporate documentation on processes, procedures and controls, track and log errors, complaints and possible breaches in the Errors Log, and manage absences, timekeeping and holiday/cover arrangements.
• Ensure contingency plans are in place and contribute to business continuity plans; take part in developing, testing and implementing new systems and applications.
• Build relationships with clients, third parties and colleagues, and implement client-specific fund accounting projects such as new business development reviews and roll-outs.
• Act as special matter expert for fund launches, liquidations, mergers, RIK, distribution and performance fee resets, and coordinate NAV production against client service level agreements.
• Prepare scheduled and ad-hoc investment performance and analytical reports, review general ledger journal entries, and keep the VP, AVP and CRM informed of account risks and solutions.

Required profile

• 5+ years in PERE fund administration or another area of financial services (preferably a service provider, audit or similar).
• Finance, accounting or business degree is an asset.
• ACCA or CFA qualification is an asset.
• Knowledge of Investra, eFront or Geneva is an asset.

Required skills

• Numerical, analytical and problem-solving abilities with attention to detail.
• Excellent verbal and written communication.
• Ability to work under pressure, meet tight deadlines and manage multiple projects.
• Capability to build, train and lead teams.