Alternative Ops Fund Accounting, Associate 2

Who we are looking for:

The AVP provides leadership and oversight across multiple fund accounting groups and client relationships. The role is accountable for services quality, control effectiveness, operational resilience, talent development and stakeholder confidence. The AVP needs to translate business priorities into execution plans, anticipates risk, drives scalable improvements, and supports sustainable growth across the AIS operating model.

The AVP requires a broader view when collaborating with various functional teams across the entity. Independent analytics and processing on both existing and new onboard clients/processes. And always open minded for constructive feedbacks and suggestions.

Why this role is important to us:

The team you will be joining is part of Alternative Investment Solutions (AIS), a recognized provider of fund accounting and administration services to alternative investment clients. Our team provides end-to-end support for North American clients, with a focus on private equity, Fund of Fund and other complex investment structures. Our team supports key fund operations, including investment activity processing, valuation, NAV package production, and audit-related activities.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for

What you will be responsible for:

As AVP you will:

Business and Client Leadership

• Own service delivery across multiple teams and/or complex client relationships, setting clear priorities and ensuring alignment with business and client objectives.

• Act as a senior escalation point for operational, accounting and service matters. Communicate options, risks and recommended actions with clarity and judgement.

• Represent the team in global meetings and business reviews with senior stakeholders, to lead discussion and ensure commitments are tracked to closure.

• Build trusted relationships, to pro-actively identify and ensure understanding of client’s needs and to coordinate internally to support the client’s requirements.

Operational Oversight

• Solid accounting knowledge and skills on Private Equity fund end-to-end preparation, including bookkeeping, reconciliation, capital activity, partners’ capital reporting, NAV outcomes, financial statements and client-specific deliverables.

• Ensure robust review and control processes are established and effective, maintaining a high standard of accuracy and timeliness across all deliverables.

• Coordinate with auditors internal and external to meet deadlines and requirements.

• Oversee workload, capacity across the teams, enabling effective prioritization, cross-team training and business continuity.

• Support new business, fund growth, migrations and operating model changes through robust planning, readiness assessment and post-implementation oversight.

Risk Control

• Promote a strong risk and control culture, ensuring policies, procedures, checklists and control requirements are embedded in daily operations.

• Lead audit, compliance, operational risk and incident management activities, ensuring the completeness of evidence and the timely reporting of issues.

• Monitor key risk indicators, identify emerging risks and implement remediation plans to address control weaknesses.

Staff Management

• Supervise employees on a daily basis, including tasks delegation, employee development, goal setting, performance appraisal, etc.

• Regular catch-up and coaching with staff, provide proper solutions and guidance to resolve issues and concerns raised by staff.

• Address staff performance or conduct issue in a timely, fair and well-documented manner, partnering with relevant functions as needed.

• Manage both the attrition rate and overtime within an acceptable range.

• Support succession planning and talent pipeline development to ensure organizational resilience.

Transformation

• Drive and work closely with Technology team for process simplification, standardization and automation.

• Contribute to budget, headcount and capacity discussions by providing reasoned analysis and practical recommendations.

What we value:

The AVP interacts with all levels of professionals both internally and externally. A strong foundation with communication and interpersonal skills are essential. Candidates must also have the following attributes, skills and experience:

• Bachelor’s degree in accounting, finance, economics or a related discipline.

• Professional qualification such as CPA, ACCA, CFA is preferred.

• Substantial relevant experience in fund accounting, fund administration or financial services operations. Experience in Private Equity is strongly preferred.

• Demonstrated experience leading multiple teams, complex client relationships and staff management.

• Deep understanding of Private Markets fund structure, lifecycle, accounting processes, financial reporting and operational control frameworks.

• Proactive and multi–task.

• Strong written and spoken English, with the ability to present complex matters clearly, influence decisions and negotiate practical outcomes.

• 8 years+ relevant working experience is required.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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