# Alternative Ops Fund Accounting, Officer at State Street

State Street is hiring an Alternative Ops Fund Accounting, Officer. Level rates it Little AI ●○○○; you can [apply on Level](https://jobsbylevel.com/go/85e74c1f-267e-43df-a015-f79d5293e9e8?utm_medium=ai-agent).

AI Level 1, AI centrality 38 out of 100. Hangzhou, China.

## Details

- Company: [State Street](https://jobsbylevel.com/companies/state-street)
- AI level: AI Level 1 (score 38 out of 100)
- Location: Hangzhou, China
- Posted: October 13, 2026
- Apply: https://jobsbylevel.com/go/85e74c1f-267e-43df-a015-f79d5293e9e8?utm_medium=ai-agent

## Description

Who we are looking for: Reporting to an AVP, the Officer is responsible for delivering end-to-end fund administration services, overseeing several team members and ensuring team compliance with operating policies, procedures and guidelines in the timely completion of accurate Net Asset Valuations (NAV). They are also responsible for team development and/or staff management. In addition, the Officer will also be involved with and drive projects such as the provision of management reporting, BCP and Risk initiatives, as well as ad hoc project work with the objectives of enhancing client satisfaction or winning operational efficiencies. Why this role is important to us: The team you will be joining is part of Alternative Investment Solutions (AIS) , a recognized industry leader in providing fund accounting, fund administration, and risk services to hedge funds, private markets, and other alternative investment vehicles. AIS delivers fully integrated solutions across the investment lifecycle, providing clients with comprehensive front-, middle-, and back-office support to meet the evolving needs of institutional investors. 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 Hedge Fund Accounting Officer you will be responsible for Net Asset Value Operations · Maintain primary portfolio and accounting records for a variety of onshore and offshore hedge fund partnerships and corporations, trading in all types of investment securities and products · Familiar with end-to-end NAV processes and in-depth business knowledge on Hedge products and systems · Calculate daily/weekly/monthly Net Asset Valuations for the purpose of reporting to investors and processing of investor subscription and withdrawal activity · Allocate gains and losses amongst investors and calculate and accrue management and performance fees payable to hedge fund managers · Prepare tax lot accounting reports and schedules and assist in preparation of annual financial statements · Prepare fund performance reports including annual summaries and weekly return estimates · Prepare ad hoc portfolio, performance and fee reports as requested by Home-sites · Maintain primary accounting records for hedge fund management companies Communication and Stakeholder Contact · Provide support for and effectively communicate both homesite, local managers and teams · Manage relationships with internal clients (other State Street offices outsourcing to Hangzhou) at appropriate levels to ensure continued confidence in the Hangzhou office. This might include late night and early morning conference calls across all time zones. · Responsible for key operational metrics, SLAs, KPIs etc. · Become familiar with our global product offering Training, People Development and Knowledge Management · Develop and monitor individual development plans for key people in the team. · Address the queries from the team and provide guidance and support from technical perspective, responsible for SOP set-up and review Improve and build training mechanism for hedge new starters, knowledge management and experience sharing Support internal rotations and succession plans within the unit Lead improvement and transformation projects collaborating with home sites and Hangzhou Hedge Unit Head, serve on committees and task force assignments · Working with teams on productivity and efficiency improvement What we value: This role requires strong communication, people leadership, and client service skills, along with relevant industry experience. The ideal candidate demonstrates a growth mindset, embraces AI and digital tools to enhance ways of working, drive operational efficiency, and deliver better business outcomes. Education & Preferred Qualifications: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree and/or professional qualifications such as CPA, CFA, ACCA is a plus ·

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/alternative-ops-fund-accounting-officer-at-state-street-dc98bd

Source: https://jobsbylevel.com/jobs/alternative-ops-fund-accounting-officer-at-state-street-dc98bd

## Cite this page

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