Job Description

Who we are looking for:

The Senior Associate - FLM will be responsible for overseeing the delivery of key fund accounting activities, including investment activity processing, reconciliations and NAV package production. The role focuses on ensuring the accuracy, completeness and timeliness of client deliverables, maintaining a strong control environment, resolving escalated issues and supporting the ongoing development of the team and operating model.

Why this role is important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), a recognized provider of fund accounting and administration services to alternative investment clients. Our team provides end-to-end support for North American clients, with a focus on private equity, Fund of Fund and other complex investment structures. Our team supports key fund operations, including investment activity processing, valuation, NAV package production, and audit-related activities.

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

What you will be responsible for:

As Senior Associate - FLM you will:

• Oversee and review investment activity to ensure transactions are accurately recorded in accordance with the playbook, accounting standards and client requirements.
• Review reconciliations, NAV packages and supporting schedules to ensure completeness, accuracy and timely delivery; oversee responses to client ad hoc requests.
• Lead the investigation and resolution of complex accounting discrepancies, reconciliation breaks and operational issues, escalating material matters when appropriate.
• Act as a key contact for assigned funds and processes, coordinating with internal teams, clients, auditors and other stakeholders on accounting and operational matters.
• Ensure key controls are executed effectively, risks are identified and assessed, and issues are escalated and remediated in a timely manner.
• Plan and coordinate daily work, monitor deliverables and provide coaching, mentoring and development support to junior team members.
• Identify and drive opportunities to improve operational efficiency, reduce manual effort, strengthen controls and enhance process standardization.
• Support system implementations, automation initiatives, technology enhancements, migrations and workflow optimization projects.

What we value:

• Strong knowledge of private equity and Fund of Fund accounting, including investment activity, reconciliations and NAV reporting.
• Solid understanding of end-to-end alternative investment fund administration processes and related control requirements.
• Strong analytical, review and problem-solving capabilities, with sound judgment in resolving complex issues.
• Ability to plan work, manage multiple priorities and deliver high-quality results under tight deadlines.
• Effective communication, stakeholder management and team coordination skills.
• Strong ownership, risk awareness and a continuous improvement mindset, with an interest in automation and process optimization.

Education & Preferred Qualifications:

• Bachelor’s degree or above in Accounting, Finance, Economics or a related field; an accounting background is preferred.
• 3-5 years of experience in financial services, fund accounting and/or a back-office operations environment, including experience coordinating work or providing guidance to junior team members; experience in an accounting firm or fund house is preferred.
• Strong knowledge of private equity, fund of funds and other alternative investment products and structures.
• Advanced Microsoft Excel skills and proficiency in other Microsoft Office applications.
• Experience supporting audits, financial statement preparation and client reporting.
• Strong written and verbal communication skills in English.
• Professional qualifications such as CPA, ACCA or CFA are preferred.

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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