Fund Accounting & Administration Manager

Are you a highly organized and detail-oriented individual with a passion for finance and accounting? Do you thrive in a fast-paced and dynamic work environment? If so, we have an exciting opportunity for you as a Fund Accounting & Administration Manager at State Street.At State Street, we are a leading provider of financial services to institutional investors around the world. As the Fund Accounting & Administration Manager, you will play a crucial role in overseeing the day-to-day operations of our fund accounting and administration teams. Your expertise and leadership will ensure the accurate and timely processing of fund transactions and financial reporting for our clients.To excel in this role, you must have a Bachelor's degree in Accounting, Finance, or a related field, along with at least 5 years of experience in fund accounting and administration. Strong knowledge of GAAP and financial reporting standards is also required. In addition to your technical skills, we are looking for someone who is a natural leader, with excellent communication and problem-solving abilities.If you are ready to take your career to the next level and join a dynamic and innovative team, we encourage you to apply for the Fund Accounting & Administration Manager role at State Street.

1. Oversee and manage the daily operations of the fund accounting and administration teams.
2. Ensure accurate and timely processing of fund transactions and financial reporting for clients.
3. Utilize expertise in finance and accounting to effectively manage fund operations and resolve any issues or discrepancies.
4. Stay up-to-date on industry regulations and standards related to fund accounting and administration.
5. Develop and implement efficient processes and procedures to improve the overall effectiveness of the fund accounting and administration teams.
6. Provide leadership and guidance to team members, promoting a positive and collaborative work environment.
7. Monitor and evaluate team performance, providing feedback and coaching as needed.
8. Collaborate with other departments and teams within the organization to ensure seamless integration of fund accounting and administration processes.
9. Serve as a primary point of contact for clients, addressing any inquiries or concerns related to fund operations.
10. Prepare and present financial reports to management and clients.
11. Participate in strategic planning and decision-making processes related to fund operations.
12. Continuously assess and improve the quality and accuracy of fund accounting and administration services.
13. Mentor and train junior team members to develop their skills and knowledge in fund accounting and administration.
14. Ensure compliance with all internal policies and procedures, as well as regulatory requirements.
15. Actively contribute to the overall success and growth of the organization.

According to JobzMall, the average salary range for a Fund Accounting & Administration Manager in Boston, MA, USA is typically between $85,000 and $120,000 per year. However, this can vary depending on factors such as experience, education, and specific responsibilities within the role. Additionally, the size and type of organization can also impact the salary range for this position.

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.