Fund Accounting, Assistant Vice President

State Street•Boston, MA

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 operations and service delivery of the accounting team, provides technical expertise and operational escalation support, and helps implement consistent practices and company initiatives. The role also supports client projects, compliance reviews, audits, staff development, and the identification and escalation of unusual or potentially suspicious transactions.

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.
7 to 10 years of experience in a related accounting or finance field preferred.

Nice To Haves

BS/BA in Business, Accounting, Finance, or equivalent experience preferred.

Responsibilities

Manage the day-to-day operations of functional teams and the daily service delivery and production activities performed by staff.
Serve as a primary contact and escalation point for operational issues, providing technical expertise to resolve daily problems.
Manage and escalate issues related to Centers of Excellence (CoEs) and other Shared Services.
Manage the daily operations and production activities of the Accounting team.
Coordinate implementation of new funds, systems, and processes.
Assist with client conversions and other client projects.
Organize internal Shared Services meetings as needed and compile related documentation; assist with agenda development and coordination, and attend meetings to record notes and action items when needed.
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 ongoing individual training and development.
Serve on committees and help define and implement new company initiatives.
Identify unusual or potentially suspicious transaction activity and report or escalate it according to corporate policy and relevant operating procedures.
Perform other duties as assigned.

Benefits

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