Fund Accounting & Administration, Senior Associate
Job Overview
Job title: Fund Accounting & Administration, Senior Associate
Job description: What we are looking for
Provides daily management and coordination of accounting services to the following products: Mutual funds, Pooled funds, Pension Plans, Not for Profit accounts and Endowment accounts. The successful candidate will be responsible for oversight of services performed by the accounting teams, which include, but are not limited to: ledger to subledger review; income and expense processing; daily, weekly, and monthly reporting; regulatory reporting; corporate action verification; and NAV review and dissemination. Also responsible for working with client service and other Centers of Excellence (COEs) on resolving queries related to accounting activities.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
Responsible for periodic timely & accurate information provided to clients.
Responsible for hiring, training, & development of staff.
Conducts higher-level review of subordinate’s work before distribution.
Primary focus of the position focused on oversight of accounting operations for accuracy and quality of services.
Compiles business information from MCH or other systems for more senior management reporting.
Provides input to management during the budgeting process.
Liaises with other COEs as needed.
Responsible for mentoring and promoting inclusion.
Strong managerial, communication, and interpersonal skills.
Actively participate in the planning and preparing of the semi-annual and annual mutual fund financial statements
Actively participate in the planning and preparing of the mutual fund year end distribution calculations and tax returns
During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
Education & Preferred Qualifications:
An accounting designation (CGA, CMA, CA or CFA) is an asset and a university degree or the equivalent in relevant work experience.
3-5 years of accounting or related financial services experience with some management and preparing pertinent regulatory and financial reporting experience.
Knowledge of Canadian regulations and taxation.
Strong Excel skills.
Sound interpersonal and communication skills.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Company: State Street
Expected salary:
Location: Toronto, ON
Job date: Thu, 13 Oct 2022 04:40:08 GMT
Job Source: Careerjet.ca