Fund Accounting & Administration, Officer

State Street Asia Ltd; Hong Kong; Sur place; HKD 600 000 - 900 000; Plein temps

Résumé du poste

State Street Asia Ltd in Hong Kong is seeking a Senior Fund Services Supervisor in Private Equity Fund Administration. The role directs day-to-day accounting and administration for client sponsored funds and requires strong leadership and communication under pressure.

You will engage with clients and investment professionals, review fund documents, coordinate audits and tax returns, and ensure timely deliverables while maintaining internal controls and accurate financial reporting.

Qualifications

• University degree in business, mathematics, finance or economics with accounting focus.
• At least 8 years accounting experience, including 2–3 years supervisory and financial reporting.
• Private equity/real estate experience is a plus.
• Strong MS Excel and Office skills.

Responsabilités

• Manage day-to-day client communications and service delivery.
• Review fund documents and allocations, waterfalls, and distributions.
• Coordinate annual audits and tax return preparations with external accounting firms.
• Monitor internal controls and ensure regulatory compliance.
• Lead and train accounting staff and supervise junior team members.

Connaissances

Interpersonal communication

Initiative

Under pressure

Multi-tasking

Client communications

Formation

University degree in business, finance or economics

Outils

MS Excel

Microsoft Office

Description du poste

This supervisory position is within the Private Equity Fund Services business unit of the State Street Alternative Investment Services Group.
Fund Administration Managers, Officers interact with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Fund Administration Managers are responsible to direct the day-to-day accounting and administration for several client sponsored investment funds.

What you will be responsible for

Client Engagement

• Manage and maintain day-to-day communications with the clients
• Manage communications with investment professionals, other client personnel, investors, attorneys, auditors, bankers etc.
• Engage in the thorough review and understanding of investment fund legal documents, including complete understanding of partnership allocations and distribution waterfalls

Service Delivery

• Adhere to State Street Alternative Investment Solutions (AIS) strict internal control procedures.
• Ensure monthly and quarterly client deliverables are meet
• Display ability to performance variance analysis to explain significant movements from quarter to quarter.
• Review quarterly and annual financial work papers including portfolio schedules, accruals, partner capital allocations and tax work paper packages.
• During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escape in accordance with corporate policy and guidelines detailed in relevant operating procedures.
• Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures
• Coordination of annual audit and tax return preparation with external accounting firms

Service Quality

• Undertake full review of calculation and verbiage on Limited Partner capital calls and distributions.
• Undertake full review of accounting work paper packages, fees calculations, financial statements and other reports and communications to Limited Partners
• Review quarterly management fee, waterfall, capital account calculations.
• Manage internal workflow to ensure internal processing and client deadlines are met

People Management

• Demonstrate good management skills and the ability to work well with others, individually and within a group.
• Assist with development and implementation of training all levels of accounting staff
• Supervision of subordinate staff (including Associate 1, Associate 2 and Senior Staff)

Other Responsibilities

• Integrate new business/client onboarding
• Coordinate and manage special client and corporate projects

Education & Preferred Qualifications

• Candidate must have a university degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 8 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required.
• Specific experience in the private equity/real estate industry is a plus, but not required.
• Strong computer skills are required, especially Microsoft Office, particularly MS Excel.

Who we are looking for

This supervisory position is within the Private Equity Fund Services business unit of the State Street Alternative Investment Services Group.
Fund Administration Managers, Officers interact with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Fund Administration Managers are responsible to direct the day-to-day accounting and administration for several client sponsored investment funds.

What you will be responsible for

Client Engagement

• Manage and maintain day-to-day communications with the clients
• Manage communications with investment professionals, other client personnel, investors, attorneys, auditors, bankers etc.
• Engage in the thorough review and understanding of investment fund legal documents, including complete understanding of partnership allocations and distribution waterfalls

Service Delivery

• Adhere to State Street Alternative Investment Solutions (AIS) strict internal control procedures.
• Ensure monthly and quarterly client deliverables are meet
• Display ability to performance variance analysis to explain significant movements from quarter to quarter.
• Review quarterly and annual financial work papers including portfolio schedules, accruals, partner capital allocations and tax work paper packages.
• During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escape in accordance with corporate policy and guidelines detailed in relevant operating procedures.
• Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures
• Coordination of annual audit and tax return preparation with external accounting firms

Service Quality

• Undertake full review of calculation and verbiage on Limited Partner capital calls and distributions.
• Undertake full review of accounting work paper packages, fees calculations, financial statements and other reports and communications to Limited Partners
• Review quarterly management fee, waterfall, capital account calculations.
• Manage internal workflow to ensure internal processing and client deadlines are met

People Management

• Demonstrate good management skills and the ability to work well with others, individually and within a group.
• Assist with development and implementation of training all levels of accounting staff
• Supervision of subordinate staff (including Associate 1, Associate 2 and Senior Staff)

Other Responsibilities

• Integrate new business/client onboarding
• Coordinate and manage special client and corporate projects

Education & Preferred Qualifications

• Candidate must have a university degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 8 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required.
• Specific experience in the private equity/real estate industry is a plus, but not required.
• Strong computer skills are required, especially Microsoft Office, particularly MS Excel.

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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