State Street
Financial Services
AlternativeOpsFundAccountingSeniorAssociate
“Alternative Ops Fund Accounting- Senior Associate at State Street. Skills: Fund Accounting, Financial Statements Preparation, Journal Entries, Net Asset Values Calculation, IFRS, USGAAP. Maintain the client books and post journal entries. Preparation and presentation of financial statements”
What You'll Achieve.
Calculate monthly NAV & Quarterly NAV; Maintain the client books; Post journal entries; Preparation and presentation of financial statements; Handle Investment ledger, Portfolio Ledger and Cash position
Industry & Context.
Problem solving ability
What They're Looking For.
Must Have
Minimum of 4– 8 years’ experience in accounting for the financial services sector, particularly Private Equity, Asset Management or Fund Administration., Knowledge of IFRS and / or USGAAP, Experienced in preparing general ledger and financial statements.
Nice to Have
Private equity/real estate fund experience., Exposure to complex fund structure, waterfall computation, preferred return., Working knowledge of Investran/Oracle will be an added advantage, Training skills to new joiners
What You'll Do.
Maintain the client books and post journal entries
Preparation and presentation of financial statements
Books require to maintain at asset
investment and portfolio level
Handle Investment ledger
Portfolio Ledger and Cash position
Calculate monthly NAV & Quarterly NAV
Preparation and review of profit and loss account
Balance Sheet and Cash flow statement
Preparation and review Cash book and reconcile the cash with bank on a daily basis
Coordinate processing of payments and other transactions and it’s review
Review and update the detailed schedule of fixed assets and accumulated depreciation
Track property review accounting like
Depreciation check and Rent calculation
Preparation and review of Deferred Revenue Cost schedule and accounting
Preparation and review of schedule of Equity capital
subscription and redemption
Responsible for maintaining books and records and calculation of fund Net Asset Values
Preparation and review of Distributions
Identifying the GAAP to NAV differences and provide explanation
Preparation of variance analysis and provide comments
Debt Valuation schedule preparation
Accounting of Re-valuation of assets and preparation of schedule
Maintenance of various entities books of accounts both Book side and Market side
Assist in audit queries
Preparation and review of Non-controlling interest schedule
Preparation and review of venture capital books and profit distribution
Any other functions required as part of the business of the Company
How You'll Work.
Team & Collaboration
Ability to engage with senior staff across multiple locations; Ability to work collaboratively
Communication Scope
Communication & influencing skills; Presentation skills including experience in face to face presentations to senior management; Good communication skills; Proficiency in English (both verbal and written); Very good language skills in English
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