Fund Accountant – Alternatives & Waterfall Expert

State Street Corporation; Boston (MA); On-site; USD 44,000 - 62,000; Full time

Job summary

State Street Corporation in Boston seeks meticulous, energetic professionals to join our investment accounting team. You will learn to account for complex investment transactions in a fast-paced, controls-driven environment supported by cutting-edge technology.

Responsibilities include daily fund activity processing, capital calls, reconciliations, quarterly fee calculations and waterfall allocations. A college degree in Accounting/Finance/Economics and Excel/ Bloomberg skills are required.

Qualifications

• Must have a college degree with concentration in Accounting, Finance or Economics.
• Working knowledge of Microsoft Excel/Word; Bloomberg a plus.

Responsibilities

• Complete the daily processing and monitoring of fund activities.
• Prepare capital call and distribution calculations and notices to investors.
• Prepare/review periodic bank and cash reconciliations and post journal entries.
• Prepare quarterly management fee calculations and waterfall computations.
• Prepare fund trial balances and supporting workpapers.
• Assist the quarter-end book closing process.
• Ensure processes meet SLAs and assist in client-related projects.

Education

College diploma or university degree in Accounting/Finance/Economics

Tools

Microsoft Excel

Microsoft Word

Bloomberg

Job description

State Street Corporation in Boston seeks meticulous, energetic professionals to join our investment accounting team. You will learn to account for complex investment transactions in a fast-paced, controls-driven environment supported by cutting-edge technology.

Responsibilities include daily fund activity processing, capital calls, reconciliations, quarterly fee calculations and waterfall allocations. A college degree in Accounting/Finance/Economics and Excel/ Bloomberg skills are required.