Fund Accounting & Administration, Officer

State Street Corporation; Hong Kong; Vor Ort; HKD 900.000 - 1.500.000; Vollzeit

Zusammenfassung

State Street Corporation is seeking a seasoned Fund Services Manager within the Private Equity Fund Services group to direct day-to-day accounting and administration for client funds. The role requires strong interpersonal and communication skills, initiative, and the ability to manage multiple assignments under pressure.

You will engage with clients and investment professionals, ensure internal controls, review financial work papers, and coordinate audits and tax returns with external firms.

Qualifikationen

• University degree in business, math, finance or economics; accounting concentration a plus.
• 8+ years accounting experience, including 2–3 years of supervisory and financial reporting experience.

Aufgaben

• Manage day-to-day communications with clients and investment professionals; review fund documents and allocations.
• Adhere to internal control procedures; ensure timely client deliverables and perform variance analysis.
• Review partnership agreements, accounting work papers, and prepare tax and financial reports; coordinate audits.
• Demonstrate management skills; supervise accounting staff and assist with training.
• Coordinate onboarding of new business and manage special client projects.

Kenntnisse

Interpersonal skills

Communication

Initiative

Resilience

Multitasking

Ausbildung

University degree (business/finance/economics)

Tools

MS Excel

MS Office

Jobbeschreibung

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.

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

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.

Discover more information on jobs at StateStreet.com/careers Read our CEO Statement