Fund Administration, Associate 1

Who We Are Looking For Responsible for preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with Investment Company IFRS/GAAP requirements for alternative investment funds (Hedge, Private Equity and Real Estate).

Why This Role Is Important To Us The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What You Will Be Responsible For As Fund Administration, Associate 1, you will:

• Set up and maintain reporting binders for each fund during a reporting cycle:

Ensure all documentation used to calculate and support all financial statement disclosures is received and is accurate. Research and resolve all issues as applicable.

• Prepare periodic financial statements:

Perform planning procedures in order to identify any issues prior to the reporting cycle commencing and work with applicable parties to resolve. Perform a detailed review of the general ledger balances, identifying issues and initiating the resolution of those issues with applicable parties. Ensure the accuracy and reasonability of amounts disclosed in the financial statements. Draft financial statements disclosures based on generally accepted accounting principles (“IFRS”“GAAP”) requirements. Follow all procedures regarding financial statements preparation and sign off on all required checklists. Recommend and implement enhancements to procedures based on knowledge and experience obtained during preparation process. Ensure adherence to the financial statements production calendar.

• Coordinate distribution of financial statements:

Assemble financial statements draft, all supporting documentation and calculations. Coordinate the receipt of comments on financial statements drafts from external (and internal) parties. Ensure the timely research, resolution and processing of comments. Test new Financial Reporting applications and financial statement templates. Identify and resolve issues as they arise. Suggest process improvements (enhanced automation, etc.).

What We Value These skills will help you succeed in this role

• Strong critical thinking, problem solving, and decision making skills

Education & Preferred Qualifications

• University degree in accounting/finance required
• Accounting designation enrollment is an asset
• Knowledge of preparation of financial statements (IFRS and US GAAP) is an asset
• Excellent PC skills (Microsoft Office, especially Excel and Word)
• Effective communication skills (oral and written)
• Superior attention to detail, time management and organizational skills
• Ability to meet deadlines and work well under pressure

Additional Requirements

• Overtime may be required

About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job ID: R-800056