Work Week: Full-time

Eligibility: US Citizen or Perm Resident

Company Overview: State Street is the world's leading provider of services to sophisticated investors. State Street's clients include investment managers, pension plan sponsors, collective investment fund managers, banks, corporations and not-for-profit organizations. State Street offers the strength and stability of a global franchise, backed by the local expertise and the relationship focus of more than 27,000 industry professionals worldwide.

Job Description: Under the direction of the Account Manager, a Fund Accountant, Associate 1 performs daily maintenance of accounting books and records of assigned regulated investment companies in conformity with company policy, as well as the rules, regulations and tax laws that apply.

Responsibilities Include:

Calculate the Net Asset Value per share assigned, determining dividend and distribution rates, as required

Determine the timing of income and expense accrual. Enter and monitor general ledger or daily account activity

Reconcile cash and/or fund share transactions, resolving discrepancies with transfer agent's and custodian's records, if applicable

Account for all daily activity (purchases, sales, income accruals, etc.) in an accurate and timely manner, and maintain all required controls to ensure overall accuracy

Produce and verify financial statements or trust reports and/or Schedule D's or daily NAV reporting and/or pricing

Maintain monthly supporting schedules for all outstanding items, as well as other records required for fund audits, as required. Prepare monthly accounting control reports reconciliation

Provide information needed to prepare financial reports for shareholder, director and management reports, in an accurate and timely manner

Prepare proof of account balances as needed

Review security pricing information for accuracy and completion, along with all fund activity for reasonableness and research exceptions

May research, verify and process all corporate actions
Remain familiar with back-up procedures when system applications and/or transmission problems arise

May be required to communicate with external/internal clients daily

Perform other related duties as requested

Qualifications:

Bachelor's degree with business related coursework or equivalent. BS degree in Accounting or Finance preferred

0 to 1 year of related custody and/or fund accounting experience preferred

Knowledge of financial securities language preferred

Knowledge of MS Office applications and spreadsheet proficiency

Good organizational skills and ability to prioritize assignments under tight deadlines

Attention to detail

Good interpersonal and communication skills in both verbal and written forms

Ability to work as a team player

Majors Preferred: Accounting, Finance, Economics, Business