Job Responsibilities
Under the direction of the Account Manager, 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.
• Calculates the Net Asset Value per share assigned. Determines dividend and distribution rates, as required.
• Determines the timing of income and expense accrual. Enters and monitors general ledger or daily account activity.
• Reconciles cash and/or fund share transactions; resolution of discrepancies with transfer agent's and custodian's records, if applicable.
• Accounts for all daily activity (purchases, sales, income accruals, etc.) in an accurate and timely manner, and maintains all required controls to ensure overall accuracy.
• Produces and verifies financial statements or trust reports and/or schedule D's or daily NAV reporting and/or pricing.
• Maintains monthly supporting schedules for all outstanding items, as well as other records required for fund audits, as required. Prepares monthly accounting control reports reconciliation.
• Provides information needed to prepare financial reports for shareholder, director and management reports, in an accurate and timely manner.
• Prepares proofs of account balances as needed.
• Reviews security pricing information for accuracy and completion; along with all fund activity for reasonableness. Researches exceptions.
• May research, verify and process all corporate actions.
• Remains familiar with back-up procedures when system applications and/or transmission problems arise.
• May be required to communicate with external/internal clients daily.
• May perform other duties as requested.
Employee Specifications
• Bachelor's degree with business related coursework or equivalent. B.S. degree in Accounting or Finance preferred
• 0-1 years 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 & 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
Interested candidates should apply at http://www.statestreet.com/company/careers/status.html using the job id number 24021.
