State Street

State Street

Posted via Workday

Alternative Ops Fund Accounting, Associate 1

Apply by Oct 31, 2026

Posted Sep 4, 2026

Role at a glance

Job function
Accounting, Tax & Corporate Finance Accounting
Salary
Not Disclosed
Location
Hangzhou, China
Work arrangement
On-site
Employment
Full-time
Education
Bachelor's degree in business, accounting, or related field.

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Role Summary

AI-generated

The Associate 1 Fund Accountant processes accounting activity and supports fund reconciliations and NAV reporting for alternative investment funds. The role also carries out controls and supports operational issue resolution and process improvement.

What You'll Do

  • Process investment activity accounting entries.
  • Complete investment and cash reconciliations.
  • Investigate and resolve reconciliation breaks and other operational issues.
  • Prepare NAV packages and supporting schedules.
  • Execute key controls and promptly escalate identified issues.
  • Participate in assigned system testing, automation, and process improvement activities.

Generated from the employer's posting. Verify important details before applying.

View full posting

Qualifications

Bachelor's degree in business, accounting, or a related field.

Preferred

  • 6 months to 1 year related experience in a fund accounting environment.
  • Basic understanding of accounting principles and fund structures.
  • Basic knowledge of Microsoft Excel and Microsoft Office applications.
  • Positive attitude, willingness to learn, and openness to feedback.
  • Excellent attention to detail; strong numerical and analytical skills; excellent communication skills; organized and deadline-driven.

Original job description

Content provided by the employer

Who we are looking for:

Associate 1 Fund Accountant will be responsible for processing investment activity accounting entries, completing reconciliations, and preparing accurate and timely NAV packages and supporting schedules for alternative investment funds. This role requires adherence to strict deadlines, close attention to detail, and a strong commitment to quality and control.

 

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 Associate 1 you will:

  • Process investment activity accounting entries.
  • Complete investment reconciliations and cash reconciliations.
  • Investigate and resolve reconciliation breaks and other operational issues.
  • Prepare NAV packages and support schedules accurately and timely.
  • Execute key controls and promptly escalate identified issues.
  • Demonstrate ownership of assigned funds and related processes.
  • Participate in system testing, automation, and process improvement activities when assigned.

 

What we value:

  • Basic understanding of accounting principles and fund structures.
  • Basic knowledge of Microsoft Excel and Microsoft Office applications.
  • Positive attitude, willingness to learn and openness to feedback.

 

Education & Preferred Qualifications:

  • Bachelor's degree in business, accounting, or related field.
  • 6 months to 1 year related experience in a fund accounting environment.
  • Excellent attention to detail
  • Strong numerical / analytical skills
  • Excellent communication skills
  • Organized and Deadline-driven

 


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.


Discover more information on jobs at StateStreet.com/careers


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State Street

About the company

State Street

Large Enterprise

State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.