Fund Accounting & Administration, Officer

State Street is hiring a Fund Accounting & Administration, Officer in Hong Kong, China. Level rates it ; you can apply on State Street.

Level's read on this job

Level rates this accountant role Little AI ●○○○: aI is not part of the work.
Tools and skills the posting cites include fund accounting, financial reporting and audit coordination.
Level classifies it as a senior role.
Level lists 1,300+ other open roles at State Street.
The role was posted within the past two weeks.

AI in this role

Fund Accounting Officer needed to manage day-to-day accounting, financial work papers, and client communications for private equity funds.

fund-accountingfinancial-reportingaudit-coordinationclient-managementprivate-equity

Who we are looking for

This supervisory position is within the Private Equity Fund Services business unit of the State Street Alternative Investment Services Group.
Fund Administration Managers, Officers interact with all levels of professionals both internally and externally. Therefore, exceptional interpersonal and communication skills are required. Candidates must demonstrate initiative, be able to perform well under pressure and simultaneously handle multiple assignments. Fund Administration Managers are responsible to direct the day-to-day accounting and administration for several client sponsored investment funds.

What you will be responsible for:

Client Engagement

Manage and maintain day-to-day communications with the clients
Manage communications with investment professionals, other client personnel, investors, attorneys, auditors, bankers etc.
Engage in the thorough review and understanding of investment fund legal documents, including complete understanding of partnership allocations and distribution waterfalls

Service Delivery

Adhere to State Street Alternative Investment Solutions (AIS) strict internal control procedures.
Ensure monthly and quarterly client deliverables are meet
Display ability to performance variance analysis to explain significant movements from quarter to quarter.
Review quarterly and annual financial work papers including portfolio schedules, accruals, partner capital allocations and tax work paper packages.
During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
Review limited partnership agreements and offering memorandums and ensure compliance with operational and accounting procedures
Coordination of annual audit and tax return preparation with external accounting firms

Service Quality

Undertake full review of calculation and verbiage on Limited Partner capital calls and distributions.
Undertake full review of accounting work paper packages, fees calculations, financial statements and other reports and communications to Limited Partners
Review quarterly management fee, waterfall, capital account calculations.
Manage internal workflow to ensure internal processing and client deadlines are met

People Management

Demonstrate good management skills and the ability to work well with others, individually and within a group.
Assist with development and implementation of training all levels of accounting staff
Supervision of subordinate staff (including Associate 1, Associate 2 and Senior Staff)

Other Responsibilities

Integrate new business/client onboarding
Coordinate and manage special client and corporate projects

Education & Preferred Qualifications

Candidate must have a university degree (business, mathematics, finance or economics preferred, accounting concentration a plus) and at least 8 years of accounting experience, including 2 to 3 years of supervisory and financial reporting experience is required.
Specific experience in the private equity/real estate industry is a plus, but not required.
Strong computer skills are required, especially Microsoft Office, particularly MS Excel.

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

Read our CEO Statement

How we rate this

Fund Accounting & Administration, Officer at State Street rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Key facts

Fund Accounting & Administration, Officer is an open job at State Street.
Level rates this role AI Level 1 of 4: Little AI.
The role is based in Hong Kong, China.
The job was posted on October 13, 2026.
Seniority: senior.
Applications are handled by State Street. Apply on State Street

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Fund AccountingFinancial ReportingAudit CoordinationClient ManagementPrivate Equity

Also common in accountant jobs at this level

SQL Generative AI AI agents AWS Python Computer vision

Pay

Typical accountant job: $110k

This posting doesn't list pay. Use the typical accountant figure when pay comes up. See accountant jobs

Questions you could be asked

Tell me about a project where fund accounting was part of your work. What did you do?
Tell me about a project where financial reporting was part of your work. What did you do?
Tell me about a project where audit coordination was part of your work. What did you do?
Tell me about a project where client management was part of your work. What did you do?
Tell me about a project where private equity was part of your work. What did you do?

Adapt your resume

List these exact terms on your resume: Fund Accounting, Financial Reporting, Audit Coordination, Client Management, and Private Equity. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

Want an expert to read your CV for this job?

Free. Send your CV and the role you want next. We reply by email within 2 to 4 business days.

Get a free CV review Get your CV rewritten Check your resume with the ATS resume checker