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1 State Street Corporation Fund Accountant Job

Fund Accounting - Associate 2

3-4 years

₹ 4 - 7.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Fund Accounting - Associate 2

State Street Corporation

posted 5mon ago

Job Description

State Street Corporation (NYSE: STT) is one of the worlds leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $33.99 trillion in assets under custody and administration and $2.81 trillionin assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street s website at www.statestreet.com.
Job Description
Responsibilities:
  • Undertake the following, with a goal of 100% accuracy, timeliness and completeness:
  • Calculate and validate a daily and/or weekly and/or monthly Net Asset Value (NAV) for your assigned funds
  • Assist and train others in your team with their NAV calculation and problem resolution
  • Design and implement operational efficiencies
  • Reconcile cash daily (no unresolved discrepancies)
  • Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures and other evolving derivative instruments)
  • Accrue income and expenses daily
  • Analyze and validate traders profit and loss statement daily
  • Analyze and validate position market values daily
  • Post accounting entries to the general ledger daily
  • Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations
  • Research and resolve differences between accounting and trade entry systems daily
Experience Requirements:
  • Minimum of 2+ years of Fund Accounting experience
  • Knowledge of securities language and legal requirements.
    • Good interpersonal and organizational skills.
    • Some understanding of operational functions within Hedge / Mutual Fund Accounting.
Education Requirements:
  • Novice to Competent with a Bachelor s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred.
  • Proficient with Microsoft Office Products (Excel, Word)
  • Comfortable working in Night shifts
  • Excellent communication, organization, interpersonal planning, and analytical skills
  • Deadline and detail oriented
State Streets Speak Up Line

Employment Type: Full Time, Permanent

Functional Areas: Other

Read full job description

State Street Corporation Interview Questions & Tips

Prepare for State Street Corporation Fund Accountant roles with real interview advice

Top State Street Corporation Fund Accountant Interview Questions

Q1. What you find interesting about state Street corporation? What is the majore reason to choose state street corp
Q2. What is asset and liability? What are subcategories and formula to determine asset and liability?
Q3. What do you know about management fees and performance fees?
View all 16 questions

What Fund Accountant at State Street Corporation are saying

3.7
 Rating based on 31 Fund Accountant reviews

Likes

not doing overtime much times

  • Job security - Excellent
Dislikes

management and no hikes and no promotions

  • Skill development - Poor
  • +4 more
Read 31 Fund Accountant reviews

Fund Accountant salary at State Street Corporation

reported by 225 employees
Lock Unlock
₹2.8 L/yr - ₹7.5 L/yr
19% less than the average Fund Accountant Salary in India
View more details

What State Street Corporation employees are saying about work life

based on 2.8k employees
51%
97%
77%
51%
Strict timing
Monday to Friday
No travel
Night Shift
View more insights

State Street Corporation Benefits

Submitted by Company
Medical insurance coverage
Life Insurance
Company-funded transport
Meal card benefit
Education assistance programs
Work from home arrangement
Submitted by Employees
Free Transport
Work From Home
Health Insurance
Cafeteria
Job Training
Soft Skill Training +6 more
View more benefits

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State Street Corporation Mumbai Office Locations

View all
Mumbai Office
State Street, 12th Floor, VSNL Colony A Wing, Bandra Kurla Complex Road, Sector 1, Bandra East Mumbai
Maharashtra 400051
Mumbai Office
State Street Syntel Services Pvt Ltd, Orchard Avenue, Powai Mumbai
Maharashtra 400076

Fund Accounting - Associate 2

3-4 Yrs

Bangalore / Bengaluru

5mon ago·via naukri.com

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