Alternative Ops Fund Accounting, Senior Associate

Who we are looking for:

The Senior Associate - AM will be responsible for performing and reviewing key fund accounting activities, including investment activity processing, reconciliations and NAV package preparation. The role focuses on delivering accurate and timely accounting outputs, resolving day-to-day issues and supporting a strong control environment.

Why this role is important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), a recognized provider of fund accounting and administration services to alternative investment clients. Our team provides end-to-end support for North American clients, with a focus on private equity, Fund of Fund and other complex investment structures. Our team supports key fund operations, including investment activity processing, valuation, NAV package production, and audit-related activities.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for:

As Senior Associate - AM you will:

Process and review investment activity to ensure transactions are accurately recorded in accordance with the playbook and client requirements.

• •Prepare and review reconciliations, NAV packages and supporting schedules to ensure completeness, accuracy and timely delivery.
• •Investigate and resolve accounting discrepancies, reconciliation breaks and routine operational issues.
• •Support client ad hoc requests and coordinate with relevant stakeholders on assigned accounting and operational matters.
• •Execute key controls effectively and escalate identified issues and potential risks in a timely manner.

• •Demonstrate ownership of assigned funds, deliverables and related processes.
• •Participate in system testing, automation initiatives and process improvement activities when assigned.

Support junior team members by sharing process knowledge and providing day-to-day guidance when required.

What we value:

• •Good knowledge of private equity and Fund of Fund accounting.
• •Understanding of key alternative investment fund administration processes.
• •Strong attention to detail with analytical and problem-solving skills.
• •Ability to manage multiple priorities and meet tight deadlines.
• •Effective communication and collaboration skills.
• •Ownership mindset with a willingness to learn and contribute to continuous improvement.

Education & Preferred Qualifications:

• •Bachelor’s degree or above in Accounting, Finance, Economics or a related field; an accounting background is preferred.
• •2-4 years of experience in financial services, fund accounting and/or a back-office operations environment; experience in an accounting firm or fund house is preferred.
• •Working knowledge of private equity, Fund of Fund, and alternative investment products.
• •Strong Microsoft Excel and Microsoft Office skills.
• •Experience supporting audit requests and financial statement preparation is preferred.
• •Good written and verbal communication skills.
• •Professional qualifications such as CPA, ACCA or CFA are a plus.

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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