Fund Accounting Associate

Welcome to State Street, a leading financial services company with a global presence. We are seeking a talented and driven Fund Accounting Associate to join our dynamic team. As a Fund Accounting Associate, you will play a crucial role in providing accurate and timely financial reporting for our clients' investment funds. This is an exciting opportunity for someone who is detail-oriented, analytical, and has a strong understanding of accounting principles. If you are looking to grow your career in the financial industry and have a passion for numbers, we want to hear from you!

1. Perform daily, monthly, and quarterly accounting activities for assigned investment funds.
2. Ensure accurate and timely recording of all financial transactions.
3. Reconcile cash and investment holdings to ensure accuracy and completeness.
4. Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
5. Communicate with clients to provide updates on fund performance and resolve any discrepancies.
6. Monitor and analyze fund performance to identify any potential issues or areas for improvement.
7. Collaborate with internal teams to ensure compliance with accounting standards and regulatory requirements.
8. Maintain organized and accurate financial records for each assigned fund.
9. Assist with audits and provide necessary documentation and support.
10. Continuously stay updated on industry developments and changes in accounting standards.
11. Identify and implement process improvements to increase efficiency and accuracy.
12. Collaborate with team members to ensure deadlines are met and work is distributed appropriately.
13. Conduct research and provide analysis to support decision-making and problem-solving.
14. Adhere to company policies and procedures to maintain a high level of professionalism and confidentiality.
15. Participate in training and development opportunities to enhance knowledge and skills.

According to JobzMall, the average salary range for a Fund Accounting Associate in Quincy, MA, USA is between $55,000- $80,000 per year. However, this can vary depending on the specific company, years of experience, and other factors. Some companies may also offer additional benefits such as bonuses, stock options, and other perks.

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.