Fund Accounting & Administration, Senior Associate

Fund Administration Senior Associate

People who thrive in a fast‑paced environment and enjoy working with a variety of stakeholders are invited to apply for this role. The Senior Associate will manage the day‑to‑day accounting and administration of multiple client‑sponsored investment funds.

• Validate and review all daily activity while maintaining required controls.
• Calculate and process fund activities such as support the production of NAV, SEC yields, distributions, corporate actions, and prepare proofs as needed.
• Support the review and validation of fund NAV data and distribute information to Shared Services and Client Operations teams.
• Research and resolve exceptions and issues; receive inquiries and communicate with clients when necessary.
• Define and ensure successful completion of ad‑hoc requests, escalating unresolved issues to management as required.
• Reconcile and resolve discrepancies with other teams as needed; keep appropriate records of daily and monthly activities.
• Perform daily or weekly reporting functions for the team’s activities; ensure adherence to Standard Operating Procedures.
• Keep up to date on broader internal and external business issues and apply knowledge across the team.
• Assist management in implementing new policies and procedures, and participate in projects.
• Assist with workflow management and technology enhancements, suggesting ways to streamline operations.
• Maintain knowledge of current alternative procedures and processes; support training of new hires as needed.
• Identify any unusual or potentially suspicious transaction activity and report or elevate in accordance with corporate policy.
• Perform duties of an Associate and provide backup management support if required.
• Carry out any additional duties as assigned.

• Bachelor’s degree in Accounting or Finance.
• Minimum 3 years of experience in the financial services industry, preferably within a hedge fund accounting role.
• Complex allocation knowledge required; advanced understanding of fund‑level profit & loss characteristics and implications for investor allocations in complex fund structures.
• Experience with Advent Geneva and other front‑office trading platforms.
• Proficiency in Microsoft Outlook and Excel.
• Strong interpersonal, communication, and organizational skills.
• Ability to thrive in a deadline‑driven environment and troubleshoot complex fund accounting problems using analytical skills.

• State Street’s comprehensive benefits program including retirement savings (401(k) with company match), life, medical, dental, vision, long‑term disability and other optional coverages.
• Paid‑time off: vacation, sick leave, short‑term disability, and family care responsibilities.
• Employee Assistance Program.
• Incentive compensation with eligibility for annual performance‑based awards; exclusion for certain sales roles.
• Eligibility for tax‑advantaged savings plans.
• Paid volunteer days and inclusive development opportunities.
• Flexible work‑life support and vibrant employee networks.

Full overview of benefits at

Annual salary range: $58,240 – $83,200 (based on primary location; different location may vary).

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.