State Street

Hedge Fund Accounting - Associate

State Street

Boston, MA, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

We are searching for a highly motivated and detail-oriented individual to join our team as a Hedge Fund Accounting Associate at State Street. In this role, you will play a critical role in providing accurate and timely accounting services to our hedge fund clients. We are looking for someone with a strong understanding of hedge fund accounting principles, excellent communication skills, and a passion for delivering exceptional client service. If you are dedicated, driven, and ready to take on a challenging and rewarding role, we encourage you to apply for this opportunity.

  1. Provide accurate and timely hedge fund accounting services to clients.
  2. Maintain a strong understanding of hedge fund accounting principles and apply them to daily tasks.
  3. Communicate effectively with clients and team members to ensure efficient and effective service delivery.
  4. Collaborate with team members to identify and resolve any accounting discrepancies or issues.
  5. Conduct thorough and precise analysis of financial data to ensure accuracy and compliance.
  6. Monitor and track client investments and transactions to ensure proper accounting treatment.
  7. Prepare and review financial statements and reports for clients.
  8. Proactively identify and implement process improvements to enhance efficiency and accuracy.
  9. Build and maintain strong relationships with clients, providing exceptional customer service.
  10. Stay updated on industry trends and regulations related to hedge fund accounting.
  11. Adhere to strict deadlines and deliver high-quality work under pressure.
  12. Participate in training and development opportunities to continuously improve skills and knowledge.
  13. Support team members and assist with other duties as needed.
  14. Maintain confidentiality and handle sensitive information with professionalism and discretion.
  15. Take initiative and actively seek ways to add value to the team and improve processes.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Bachelor's Degree In Accounting, Finance, Or Related Field.

  • 2-3 Years Of Experience In Hedge Fund Accounting Or Related Financial Services.

  • Strong Understanding Of Hedge Fund Accounting Principles And Practices.

  • Proficiency In Relevant Software And Systems, Such As Bloomberg, Advent Geneva, And Excel.

  • Excellent Analytical And Problem-Solving Skills, With The Ability To Work In A Fast-Paced And Deadline-Driven Environment.

Required Skills
  • Risk Management

  • Financial Reporting

  • Data Analysis

  • Cash Management

  • Fund accounting

  • Regulatory compliance

  • Asset allocation

  • Performance measurement

  • Investment Analysis

  • Reconciliation

  • Trade

  • Portfolio Valuation

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Hedge Fund Accounting - Associate in Boston, MA, USA is $70,000 - $110,000 per year. This can vary depending on factors such as experience, education, and the specific company or hedge fund. Additionally, bonuses and other compensation can also impact the salary range.

Additional Information
State Street is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 3rd, 2024
Apply BeforeMay 22nd, 2025
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About State Street

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.

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