Fund Accounting, Assistant Vice President

State Street•Boston, MA

3d•$70,000 - $130,000

About The Position

State Street is seeking an experienced Fund Accounting leader to join its North America Accounting Organization and lead a team of Fund Accountants in producing and delivering NAVs for clients. The Assistant Vice President manages the day-to-day work of functional teams and the Accounting team’s service delivery and production activities. The role serves as a primary contact and escalation point for operational issues, provides technical expertise to resolve daily problems, and manages issues involving Centers of Excellence and other Shared Services. The position coordinates the implementation of new funds, systems, and processes; assists with client conversions and projects; supports compliance and fiduciary reviews and audits; and identifies and implements consistent operational best practices. It also involves organizing Shared Service meetings and related documentation, training and developing staff, completing performance appraisals, serving on committees, and helping implement company initiatives. The employee is responsible for identifying and reporting or escalating unusual or potentially suspicious transaction activity in accordance with corporate policy and operating procedures, as well as performing other assigned duties.

Requirements

Strong technology, problem-solving, and analytical skills.
Ability to lead within the team and among peers.
Strong communication, interpersonal, and organizational skills, including excellent time management.
Solid understanding of operational functions within Custody and/or Fund Accounting.
Ability to provide technical expertise to resolve daily problems.

Nice To Haves

BS/BA in Business, Accounting, Finance, or equivalent experience.
7 to 10 years of experience in a related accounting or finance field.

Responsibilities

Manage the day-to-day activities of functional teams and oversee daily service delivery and production performed by staff.
Serve as a primary contact and escalation point for operational issues and provide technical expertise to resolve daily problems.
Manage and escalate issues related to Centers of Excellence and other Shared Services.
Manage the Accounting team’s daily operations and production activities.
Coordinate implementation of new funds, systems, and processes, and assist with client conversions and other client projects.
Organize Shared Service internal meetings and compile related documentation; assist with agenda development and coordination and record notes and action items when attending.
Identify and implement consistent operational best practices.
Assist with compliance and fiduciary reviews and audits.
Train, develop, and motivate new staff; complete performance appraisals; and provide coaching and development opportunities.
Participate in individual ongoing training and development.
Serve on committees and help define and implement company initiatives.
Identify unusual or potentially suspicious transaction activity and report or escalate it in accordance with corporate policy and relevant operating procedures.
Perform other duties as assigned.

Benefits

Retirement savings plan (401K) with company match.
Insurance coverage, including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
Paid time off, including vacation, sick leave, short-term disability, and leave for family care responsibilities.
Access to an Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, subject to stated exclusions.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.