Job Description

Who we are looking for

Fund Accountant Senior Associate will serve as a subject matter expert and primary reviewer within the team. The role is responsible for overseeing complex operational activities, ensuring quality and control standards are consistently met, and supporting day-to-day delivery across assigned portfolios. The successful candidate will possess strong technical knowledge, sound judgement, and the ability to guide junior team members while maintaining excellent stakeholder relationships.

Why this role is important to us

The team you will be joining is part of Alternative Investment Solutions (AIS), a leading provider of fund accounting, fund administration and operational support services to alternative investment managers and institutional investors.

The team acts as a key coordination and control point across the alternative investment servicing lifecycle. The team connects client requirements with operational execution, helps ensure that investment, transaction, cash, valuation and reporting information is complete and accurate, and drives timely resolution of exceptions. The role is important in maintaining service quality, strengthening the control environment and supporting scalable, technology-enabled delivery across private equity, private credit, fund-of-funds and direct investment structures.

What you will be responsible for

• Review operational processing completed by Associates and ensure outputs are accurate, complete and compliant with established procedures.
• Review investment lifecycle transactions, including capital calls, distributions, interest receipts, fees, paydowns and related activities.
• Validate market values and valuation inputs against supporting documentation, investigate significant movements or discrepancies, and ensure exceptions are appropriately documented, escalated and resolved.
• Validate supporting documentation and ensure appropriate evidence is maintained.
• Perform detailed investigation and review of complex reconciliation breaks and exceptions.
• Execute reviewer controls and ensure maker-checker requirements are properly performed.
• Identify control weaknesses, operational risks and procedural gaps.
• Participate in issue investigations, root cause analysis and remediation activities.
• Support operational incident reporting and corrective action tracking.
• Act as a key contact for day-to-day operational matters and escalations.
• Coordinate with custodians, counterparties, administrators and internal support teams to resolve outstanding items.
• Communicate operational updates and risks to management on a timely basis.
• Act as a key contact for day-to-day operational matters and escalations.
• Coordinate with custodians, counterparties, administrators and internal support teams to resolve outstanding items.
• Communicate operational updates and risks to management on a timely basis.
• Provide technical guidance and coaching to Associates.
• Support onboarding and training of new team members.
• Share best practices and contribute to knowledge management initiatives.
• Assist management with workload coordination and delivery monitoring.

What we value

This position provides an opportunity to gain exposure to a broad range of alternative investment products and operational activities, including private equity, private credit, fund-of-funds and other complex investment structures. The successful candidate will develop expertise in investment operations, cash management, documentation review and client servicing activities within a global operating environment.

We value:

• Strong technical and operational expertise.
• Excellent quality and risk awareness.
• Sound judgement and decision-making skills.
• Proactive issue identification and resolution.
• Strong stakeholder management capabilities.
• Ability to coach and develop junior staff.
• Ownership, accountability and professionalism.

Education and preferred qualifications

• Degree in Accounting, Finance, Economics, Business or related discipline.
• 4-6 years related experience of relevant experience within fund accounting, fund administration, financial services or alternative investment operations.
• Understanding of alternative investment structures and investment lifecycle events preferred.
• Advanced Excel and data analysis skills.
• Prior reviewer or checking experience preferred.
• Ability to work independently while managing multiple priorities and deadlines.
• Excellent verbal and written communication skills.
• Strong organisational and time-management skills.
• Demonstrated ability to identify issues, investigate exceptions and escalate appropriately.

Role scope and working relationships

The role is critical in ensuring the completeness, accuracy and timeliness of operational processing and reviewing while supporting a strong control environment and high-quality client service. The role works closely with middle-office and transaction-processing teams, document management, reconciliation, valuation, financial reporting, audit, technology, product and project-management partners. Responsibilities may vary by client, investment type and target operating model

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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